Why turn to a professional debt collection agency? You may think that there aren’t compelling enough reasons to partner with a collection agency, after all you have in-house staff who can try and chase unpaid invoices, why use a professional? However, if you have overdue invoices and are struggling what your next move should be, […]
Browsing category: Debt Recovery
Debt collectors or debt collection agencies are usually hired by creditors to recover money they are owed for goods or services. The majority of collectors and agencies are legitimate, ethical and honest and work within a strict set of guidelines and codes of conduct. However, the problem of bogus or scam debt collectors is becoming […]
Turbulent times The current turbulent political landscape is having a detrimental effect on the confidence of UK businesses and consumers. Recent surveys indicate that August saw a dip in confidence for both businesses and consumers with confidence draining away as the Brexit crisis deepens. Consumer confidence A survey of consumer confidence from market research company […]
UK firms not ready Figures seen by Newsnight suggest that many UK businesses are woefully unprepared for a no-deal Brexit. In February HMRC launched a scheme aimed at easing imports if the UK left the customs union and single market suddenly. The Transitional Simplified Procedures scheme (TSP) has been designed to help UK businesses import […]
This is a blow to the construction industry with both output and new orders declining to their largest extent since the first quarter of 2018. This weakness has also affected the hiring sector as employment numbers for May fell at their sharpest rate for more than six years.
“For many small businesses, the difference between getting paid in 60 days and 90 days can be vital. Cashflow problems due to late payments are a real problem for SMEs in this country and with first quarter figures showing a rise in insolvency among smaller businesses, it is an issue that needs to be robustly addressed.
Some of the largest companies in the UK made a loss this year with Kier, Keller and Laing O’Rourke all reporting an annual loss.
Energy Regulator Ofgem under pressure after third energy supplier in three months goes bust. Energy regulator Ofgem is facing renewed calls to toughen up on start-up energy suppliers as the number of failed energy groups reaches three in less than three months. Ofgem sought to encourage more competition in the energy market and intentionally lowered […]
‘How long can you chase a debt for?’ ‘What are the time limitations on recovering money?’ ‘Have I left it too long to try and get the debt paid?’ These are all common questions asked by people who get in touch with us at Daniels Silverman. In this blog we hope to give you some […]