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Debt Claims:  How Will New Rules Affect You?

Debt Claims: How Will New Rules Affect You?

Businesses typically may not be prepared for litigation or debt recovery, but new rules governing how debt claims can proceed against individuals may make a big difference to them, and to the resources they will need to make a claim in the first place. The...

North West Manufacturing:  Is Bad Debt a Barrier?

North West Manufacturing: Is Bad Debt a Barrier?

First the good news: manufacturing in the North West has been on the up. Figures in a report from EEF and BDO LLP suggest that the region is one of the best-performing for manufacturers. Manufacturing accounts for 15.5% of the region’s total output, the third highest...

Is Construction Sector Facing a Late Payment Epidemic?

Is Construction Sector Facing a Late Payment Epidemic?

In the UK, currently some 30% of all late payments are in the construction sector. There is £30 billion owed in outstanding invoices to small and medium sized building firms. The National Federation of Builders (NFB) has recently raised this as an urgent, if...

Can You Spot a Bad Debt in Advance?

Can You Spot a Bad Debt in Advance?

Can you spot a bad debt in advance? If a business owes you money and it goes into administration, you could be in for a frustrating wait. When it comes to what you’re owed, you are likely to find yourself waiting behind others, such as insolvency practitioners, banks...

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