France responds to ‘negative’ credit outlook

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The French government has responded to being given a ‘negative’ outlook by credit ratings service Standard and Poor’s, along with an AA rating based on the country’s current situation.


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Caterham F1 car seized by bailiffs

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The seizure of a Caterham F1 test car and vehicle parts intended for use in the Japanese Grand Prix is an indication of how important it is to work with creditworthy suppliers.


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Who’s to blame for Wonga’s worries?

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The payday loan lender Wonga recently revealed plans to write off some of its worst debts, amid a climate of increasing calls for responsibility when approving high-interest, short-term loans.


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Keep your credit control close and your cash flow closer

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Research from the Forum of Private Business reveals how small businesses are having their finances pinched as the economic recovery accelerates – putting cash flow and credit control high on the agenda for the coming months.

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Spoof debt recovery emails raise virus threat

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A spate of fake debt recovery emails has continued to cause headaches for those small companies whose email addresses have been ‘spoofed’.


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The Top 10 Excuses for Non-Payment

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A shortlist from Best4DebtCollection.co.uk runs through the ten most common excuses for non-payment – and it will come as no surprise to anyone who has been in business for a while.


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Most SMEs believe banks would lend

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The majority of small and medium-sized business owners now believe their bank would approve any reasonable application for lending, according to research by Clydesdale and Yorkshire Banks.


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FCA crackdown sees surge in debt recovery professionals

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A crackdown by the Financial Conduct Authority has had a transformative effect on the debt recovery market over the past year, according to a report from specialist financial services recruiters BrightPool.


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Debt collector Roxburghe enters administration

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The debt collector Roxburghe (UK) Limited has gone into administration, with the administrators called in on September 16th 2014.


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UK GDP up 0.9% in Q2 2014

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The UK’s gross domestic product grew by almost 1% in the second quarter of 2014, according to figures from the ONS.

In the latest revised figures, published at the end of September, growth is put at 0.9% in volume terms – which is up from the 0.8% that was estimated in a previous report published in mid-August.


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