Bailiffs hired by councils to recover unpaid debts have seen their profits rise to record levels during the cost of living crisis, company filings show. Newlyn Group, which is hired by councils to recover unpaid traffic fines and council tax, saw its turnover from debt collection increase by 43.8% to 25.8m in the year to…
Statistics on new company insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland Get emails about this page Documents Commentary – Company Insolvency Statistics April to June 2023 HTML Infographic – Company Insolvency Statistics April to June 2023 PDF, 277 KB, 1 page This file may not be suitable for users…
After 12 interest rate rises over the past year, community service providers have reported a huge jump in people needing their help. One of those services is the National Debt Helpline and it wants people to know there’s free help available. Karen Cox is the CEO of the Financial Rights Legal Centre, where the calls…
Company failures in England and Wales rose 27 per cent last month and by 51 per cent in Scotland as growing numbers of businesses succumbed to rising inflation and a stagnant economy. Corporate insolvencies in June hit 2,163, sharply up from 1,698 in the same month last year, according to Insolvency Service data. In total,…