by Martin Kingman | Aug 29, 2020 | Collections
With the increased use of debit cards and chip and pin technology, the humble cheque is being accepted by fewer and fewer retail outlets as a means of payment. It remains, however, a popular method of payment for business. Cheques are written orders from account...
by Martin Kingman | Aug 4, 2020 | Collections
The total number of defaults and small claims judgments issued in Northern Ireland during the first quarter of the year rose to the highest levels since Q1 2012, according to figures released by the Registry Trust. The Registry Trust is the non-profit organisation...
by Martin Kingman | Aug 4, 2020 | Group News
On 9 June 2018 the Office of National Statistics released their latest figures which showed a worrying fall in UK manufacturing output. In April 2018, UK Manufacturing fell by 1.4% which is the largest fall since the 1.8% contraction experienced in October 2012. The...
by Martin Kingman | Aug 4, 2020 | Collections
With the forthcoming suspected interest rate rise, 40% of SME’s admit to having no financial buffer despite having outgoings of over £4k per month. SME loan approvals has falled from 58% to 43% in the past year. Where SME’s do have something in reserve, the most...
by Emma Lee | Aug 4, 2020 | Litigation
The Insolvency Service has released the Oct-Dec 2018 Insolvency Statistics which showed corporate insolvencies are still on the increase with a small rise of 0.7%, they are now at the highest level seen since 2014 with a total of 16,090 companies being made insolvent....