Credit, Collections & Insolvency News
The Consumer Council for Water says customers of Thames Water will be incensed by the company’s decision to pursue even higher bill rises through an appeal to the Competition and Markets Authority (CMA). Thames Water was given the green light in Ofwat’s final determination before Christmas to increase customers’ bills by an average of 35%…
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The Chief Executive of the Insolvency Service, Dean Beale, has announced his plan to leave the agency. Beale has worked in the insolvency sector for more than 30 years in a variety of roles and has been Chief Executive of the Insolvency Service since 2019. He will leave the agency in May to take up…
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Business outsourcing firm, Sigma Connected, which provides contact centre services across the utilities, retail, telecommunications and financial services sectors, has donated 20 laptops they no longer use to The Refugee & Migrant Centre charity. The IT donation, which also includes new replacement hard drives which have been paid for through Sigma Connected’s Community Foundation, will…
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Small business confidence hit its lowest recorded point outside the Covid pandemic in the fourth quarter of last year, according to FSB’s Small Business Index (SBI). The headline confidence reading fell from -24.4 points in Q3 to -64.5 points in Q4.This is a fall of 40.1 points, and the lowest reading on this measure since…
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Latest data from Money.co.uk has found that on businesses are facing 47-day payment delays. The FSB has described late payments as one of the ‘biggest problems’ facing small businesses and with the Government announcing plans to crack down on late payments with stricter laws to help smaller businesses and grow the UK economy The research…
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