Credit, Collections & Insolvency News
The rollout of Universal Credit should be paused until significant problems with it are fixed, says Citizens Advice. In a major new report – Delivering on Universal Credit – the charity reveals that the requirement to wait for six weeks to receive any payment means people face serious financial insecurity, with many being forced into…
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Administration notices have been issued and advertised in the London Gazette for the following companies: ALO CARE LTD 1ST SOLUTIONS EMPLOYMENT AND TRAINING SERVICES LTD ADAMS SHEET METAL LTD ADVANTAGE RENTALS & REPAIRS LTD AEGIS WIND FINANCE (NO.2) LTD ALO CARE LTD ALO CARE LTD ARGYLL RENEWABLE ENERGY LTD AUDIOLOGICAL MEASUREMENT & REPORTING LTD B60…
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Liquidation notices have been issued and advertised in the London Gazette for the following companies: 08135583 LTD A & A NANDRA LTD A & M DELI LTD A CASA RESTAURANT LTD A D SHAW JOINERY CONTRACTS LTD A-S ELECTRICAL SERVICES UK LTD A101 LTD ABSOLUTE PROPERTY MAINTENANCE BUILDING SERVICES LTD ACADEMY FOR GROWTH LTD ACORN PRINT…
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Winding up Petitions have been issued and advertised in the London Gazette for the following companies: 07715030 LTD 8POINT3 LTD A & D ELECTRICAL LTD A.N.A. MOT EXPRESS LTD ACORN DEVELOPMENTS (KENDAL) LTD ADJUST PERSONNEL LTD ALEXANDER DU’BEL WISH FOUNDATION ALL PEOPLE RECRUITMENT LTD ALTEC ENGINEERING LTD ALUFAB LTD AMBER SOLAR LTD ANGLESEA HOME IMPROVEMENTS LTD…
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A new Fraud & Risk report carried out by Callcredit Information Group has revealed the key biometric technologies organisations are planning to introduce in identity verification procedures over the next three years, as part of their ongoing fraud prevention efforts. These include; biometric screening techniques (26%) artificial intelligence systems (24%) voice recognition systems (23%) Despite these aspirations, less…
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The Federation of Small Businesses (FSB) has welcomed the Government’s announcement that 32 of it’s biggest suppliers have signed up to the Prompt Payment Code. The move represents a positive step in tackling the poor payment culture that is rife in the UK. Research from FSB highlights that the UK’s poor payments culture costs the…
Read moreHere is an overview of The Money Charity’s latest statistics for July 2017: Personal debt in the UK People in the UK owed £1.537 trillion at the end of May 2017. This is up from £1.489 trillion at the end of May 2016 – an extra £929.97 per UK adult Based on May 2017 trends, the UK’s…
Read moreDundee City Council has announced that iut has lost out on more than £3 million owed to it by business owners last year. The local authority was forced to write off £3.012m it was due from traders in the city in 2016/17, a fivefold increase from the level in 2012. A number of trading chiefs…
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The Insolvency Practitioners Association (IPA), Royal Institution of Chartered Surveyors (RICS), and the Non-Administrative Receivers Association (NARA) have announced the re-launch of their joint initiative with updated and extended regulation of property receiverships. A new Memorandum of Understanding provides for some important changes which should increase transparency and reassure stakeholders. All Registered Property Receivers will…
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Open GI, has announced a new partnership with Equifax. The deal will equip brokers with a new dedicated business insight service for SMEs and larger commercial organisations. The check, which will be available through Open GI’s fraud validation platform, uses Equifax Business Insights to provide access to financial information on UK businesses, including SMEs. It calculates…
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Financial software provider Rimilia, has announced a partnership with French Company Fi Software to provide cutting edge AR automation solutions and serve the rapidly growing French market. Fi Software, based in Paris, will serve the entire French market and is spearheaded by Co-founders Stéphane Hilliere and Raphaël Viette. Stéphane and Raphaël Stéphane Hilliere, Co-founder of…
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The Federation of European Credit Management Associations has released a statement to announce that the European Commission has launched a single platform to access information on companies registered in the EU member states. This single platform links national business registers to facilitate cross-border trade and increase confidence and transparency in the EU Single Market. It…
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Hundreds of thousands of UK businesses will be potentially at risk of huge fines (up to 4% of a firm’s global annual turnover) by not complying with the forthcoming EU General Data Protection (GDPR) next May, according to latest research published by UK’s first fully compliant GDPR job board CareersinCyber.com and London law firm Hamlins…
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