Credit, Collections & Insolvency News
Data from the Office for National Statistics (ONS) shows that the UK economy contracted by 0.1% in April, marking its first monthly fall since August last year. While the economy contracted on a month-by-month basis, it grew by 0.7% in the three months to April, compared with the previous quarter. The monthly decline was driven…
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UK Finance’s latest Annual Fraud Report shows its members reported that criminals stole £1.28 billion through payment fraud in 2025, an increase of four per cent, demonstrating how fraud continues to operate on an industrial scale and is a national security threat. The report also shows that most authorised push payment (APP) fraud cases still…
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New figures show more than 216,800 people were helped by free debt advice services National Debtline and Business Debtline in 2025 – a 6% increase on the previous year, as high living cost pressures continued to drive debt issues. The services – run by charity Money Advice Trust – helped people tackle more than £2.9 billion of debt in…
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In May 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 12470936 LIMITED 4MERIT IMMIGRATION LIMITED ABSOLUTE POST LIMITED AERALIS LTD AIRSPRUNG FURNITURE LIMITED AIRSPRUNG GROUP PLC ALTERNATIVE USE BOSTON PROJECTS LIMITED ARUSTON LTD BARRETTS OF WOODBRIDGE LIMITED BECON (PRECISION) ENGINEERING MANUFACTURERS LIMITED BENLOWE GROUP LIMITED BERRIDGE…
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