Credit, Collections & Insolvency News
A new joint report published by Cranfield School of Management and Dun & Bradstreet has found that risk in supply chain differs by industry sectors. The report has investigated the level of supply chain risk faced by European companies with international supplier relationships. The report used four key metrics – supplier criticality, supplier financial risk,…
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Less than a quarter (22%) of businesses believe social engineering will be a major threat in the next two to three years, despite the fact that 42% of fraud prevention managers are frequently experiencing phishing attacks, according to research by Callcredit Information Group. The research highlights the anomaly between the growing risk which social engineering…
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The number of UK company directors disqualified has increased for the third year running to 1,231 in 2017/18, according to analysis from Moore Stephens. Thre research also shows that bans for disqualified directors are getting longer. The UK has tightened its disciplinary regime for rogue directors, with the number of disqualification orders increasing to 1,231…
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A five-year study by the Chartered Institute of Credit Management (CICM) of the use and application of credit in driving the UK economy suggests credit managers are more confident today than in previous years, despite ongoing uncertainties over the economy and Brexit. The Changing Fortunes of credit and the UK Economy 2011-2016 report shows the Credit…
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New research by the Federation of Small Business (FSB) has found that many firms are unprepared for the disruption risks that they face from internal and external threats. The data, part of wider forthcoming research into how the UK can better use supply chains, shows that 65% of small businesses and the self-employed do not…
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Following the recent increase in company voluntary agreements (CVAs), the British Property Federation (BPF) has called on the government to conduct an urgent review. The BPF believes the process is now being misused, saying that this risks undermining the UK’s global reputation and deterring much-needed investment into town and city centres, at a time when it…
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The Federation of Small Businesses (FSB) has called on small firms hit by TSB disruption to be compensated. Responding to the announcement that the Financial Conduct Authority and Prudential Regulation Authority are investigating recent IT disruption at TSB Bank, Federation of Small Businesses (FSB) National Chairman Mike Cherry, said “It’s vital that small business owners affected…
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The total value of UK business judgments rose sharply by 25 percent during the first quarter of the year, according to figures released by TrustOnline.The figures also show that the total number of judgments against businesses was up 8 percent on the same quarter in 2017. Over the same period the number of online searches…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies: 01662739 LTD 04103549 LTD 06846400 LTD 10 CASTLE STREET LTD 123 MOTORS LTD 24K CONSULTANCY LTD 36 ST. JOHN’S WOOD ROAD LTD 4 PRINT FINISHERS LTD 5I DIGITALS LTD 7 S BUDAK LTD A & E AUTOMOTIVE…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 09155717 LTD 1313 BATH LTD 2391 ELECTRICAL SERVICES LTD 404 ENTERPRISES LTD A MORREY DISTRIBUTION LTD A PROPERTY MANAGEMENT LTD A STUDIO LTD ABER HOUSE LTD ABSOLUTE WAREHOUSE SOLUTIONS LTD AC BOLTING AND TESTING LTD ACCESS SECURE SCAFFOLDING…
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Administration notices have been issued and advertised in the London Gazette for the following companies: AIR MANAGEMENT SYSTEMS LTD ALBERT ROAD RECOVERY AND REPAIR LTD ANGLEWEST LTD ATLANTIC HOUSE LTD BACTEST LTD BAKER CONSULTANTS MARINE LTD BENCH LTD BILL LEWINGTON LTD BIRAKOS ENTERPRISES LTD BLUE SQUARE BUILDING LTD BOURGEE RESTAURANTS (BURY ST EDMUNDS) LTD BOURGEE RESTAURANTS…
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A new report by Atradius has forecasted that global GDP is set to accelerate to 3.2% in 2018, the strongest annual expansion since 2011. However, the chances of it improving for a longer period appear to be lower than expected. This is largely due to the increase in US protectionist measures and their potential for…
Read moreBig business has been put on notice by the Federation of Small Businesses (FSB) and warned that they must do more to end late payments, poor payment practice and supply chain bullying that is damaging the UK economy. A letter from FSB National Chairman, Mike Cherry, to all FTSE 100 companies urges Chairs and CEOs to…
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