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Monthly Archives: October 2010
New EU late payment rules to protect SMEs
Whilst commercial debt is an everyday part of commercial life, and no directive will change that, in addition to the directive, there are measures that can be taken, in both the preventative sense, and the recovery sense after the fact.
Posted in Blog
HMRC and public sector to increase debt recovery activity
The Comprehensive Spending Review presents a real opportunity for the public sector to increase its debt recovery through the use of private sector debt recovery / collection businesses
Posted in Blog
Small Business Debt Recovery / Collection News
This Small Business Debt Recovery / Debt Collection News post was complied from various news sources and brought to you by Corporate Credit Debt Recovery Ltd
Posted in Industry News
£1b tax debt outsourced to private debt recovery agencies
Danny Alexander, the Lib Dem chief secretary to the Treasury, recently promised to shake up HMRC and his proposed clamp down, attention has been singled out on wealthy individuals and business who thought paying extra tax was an optional extra.
Posted in Blog
Central Banks Struggle for Exit as Recovery Weakens
According to many press sources the World’s major central banks are having a very tough time exiting ‘crisis mode’, prolonging aid or reviving stimulus tools as the global recovery loses its momentum.
Posted in Blog, Industry News
Government warns banks over small business lending
News emerged yesterday that as expected, the Business secretary Vince Cable stated that UK banks should be 'very, very self-conscious' about how they reward staff and investors” ahead of the up and coming half years results.
Posted in Blog, Industry News
Targetfollow Estate Ltd in talks with distressed investment specialists
Targetfollow Estate Ltd owes Lloyds about £700m yet the bank has received a valuation of the developer’s assets to the tune of just £450m after commercial property assets have plummeted since 2007, when the original loan was taken out.
Posted in Industry News
31% of UK businesses use an external debt collection agency
Exporters and international trade account for 55% of all outsourced debt collection with firms taking advantage of global debt collection offices able to overcome language barriers and local difficulties in the law and culture.
Posted in Blog, Industry News
Premier League football club Arsenal in profit and debt free?
...property built as part of the move to the Emirates stadium, namely the Highbury Square development was now debt free and making money for the club.
Posted in Blog, Industry News
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