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What can a debt collection agency do for your business?

What can a debt collection agency do for your business?

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, […]

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Haulage Industry debt concerns

Haulage Industry debt concerns

The UK’s haulage industry is facing some major concerns at the moment with many fearful that the situation may worsen post Brexit. The productivity and competitiveness of the UK economy is dependent upon having an efficient road haulage sector and road infrastructure that works for all users. Everything we eat, drink and wear depends on […]

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How does Debt Collection Work?

How does Debt Collection Work?

There is a lot of confusion and misinformation around the work done by debt collection agencies and they have not always had a good time in the press. But is it really a murky business full of cowboy companies getting money back by any means necessary? The short answer is no. Debt collection agencies are […]

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Mixed reactions to late payment proposals

Mixed reactions to late payment proposals

There will be a government consultation on strengthening the powers given to the Small Business Commissioner to hold firms to account should larger companies fail to make their payments on time. What these powers would be is not certain, but they could include enforcing binding payment plans or imposing financial penalties on businesses found to have unfair payment practices.

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No-Deal Brexit: Uk firms ‘not even close to ready’

No-Deal Brexit: Uk firms ‘not even close to ready’

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 […]

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Late Payment Reminder Issued By Minister

Late Payment Reminder Issued By Minister

“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.

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Automatic Fines For Motorists On Smart Motorways

Automatic Fines For Motorists On Smart Motorways

There are now hundreds of miles of road that have been converted to smart motorways meaning that the hard shoulder can be used as an additional lane in order to ease peak traffic congestion. The red X above the lane indicates that the lane is not open, and it is potentially hazardous to use due to an accident or break down waiting to be cleared.

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