Credit, Collections & Insolvency News
Long-neglected rules governing capital means-testing in Universal Credit (UC) are undermining other Government policies aimed at encouraging lower-income households to accrue savings, according to new research from the Resolution Foundation. The report notes that the current capital thresholds, which have been frozen in cash terms since 2006, mean that a claimant’s UC entitlement is tapered…
Read more
Northern Ireland has bucked the UK overdue invoice trend as the only UK region or nation to see overdue invoice numbers fall in Q1 2025 when compared to Q1 2024, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 187,502 overdue…
Read more
Global asset specialist Gordon Brothers has announced that it has acquired SIA Group, a leading asset valuation, advisory and trading firm. Established in 2003, SIA Group has built a strong reputation and client base by providing innovative asset valuation and sales solutions within the asset-based lending and corporate restructuring industries. The combined team led by…
Read more
Shipleys LLP has announced that it will be merged with Moore Kingston Smith. Shipley’s says that the merger enables both firms’ clients to benefit from an expanded suite of professional services and expertise. As a result, Shipleys will rebrand to Moore Kingston Smith on 6th May 2025. Shipleys’ 19 partners and 150 people are now…
Read more