UK Debt Collection News

23/07/2026

Use of winding Up Petitions hits 3 year high https://www.ukdcnews.co.uk/debt-collection-2/use-of-winding-up-petitions-hits-3-year-high/

Debt CollectionEconomyUse of Winding Up Petitions hits 3 year highBy News Team - July 23, 202602 Share on Facebook Tweet on Twitter Creditors are moving to shut down struggling companies at the fastest rate in at least three years, according to new figures obtained from the Ministry of Justice.Court...

22/06/2026

May sees drop in Business Insolvencies https://ow.ly/3MUt50ZffWk

EconomyMay sees drop in Business InsolvenciesBy News Team - June 22, 202604 Share on Facebook Tweet on Twitter Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16%....

18/06/2026

Hiring a Debt Collection Agency – Why Regulated Agencies Matter! https://ow.ly/eR2M50Zeer5

Debt CollectionLegislationHiring a Debt Collection Agency – Why Regulated Agencies MatterBy News Team - June 18, 202602 Share on Facebook Tweet on Twitter New findings from UK Debt Collection News have highlighted just how much rests on the choice of debt collection agency—and how many businesse...

15/06/2026

‘Arrogant’ Businessman Jailed After Transferring £3 Million to avoid paying Debts https://www.ukdcnews.co.uk/insolvency/arrogant-businessman-jailed/

Insolvency‘Arrogant’ Businessman Jailed After Transferring £3 Million to avoid paying DebtsBy News Team - June 15, 202602 Share on Facebook Tweet on Twitter A property businessman who breached a director disqualification order for over a decade has been jailed for four years after orchestrating...

30/04/2026

HMRC spends over 5m in one month on Debt Collection services https://ow.ly/KwBr50YSl8Y

Debt CollectionHMRC spends over £5m in one month on Debt Collection servicesBy News Team - April 30, 202606 Share on Facebook Tweet on Twitter HM Revenue & Customs has dramatically ramped up its use of private debt collection firms, spending more than £5 million in a single month as the government...

23/04/2026

Debt Collection firm served with Winding up Petition https://www.ukdcnews.co.uk/debt-collection-2/debt-collection-firm-winding-up-petition/

15/04/2026

Medical Tech Firm crashes into Liquidation https://ow.ly/1rH950YJqOP

InsolvencyMedical tech firm crashes into LiquidationBy News Team - April 15, 202602 Share on Facebook Tweet on Twitter An Oxfordshire-based medical technology company that spent over a decade developing cutting-edge patient monitoring systems has entered liquidation, leaving behind millions of pound...

25/03/2026

New Business Late Payments Legislation unveiled https://ow.ly/b7Ju50Yywei

EconomyNew Business Late Payments Legislation unveiledBy News Team - March 25, 202603 Share on Facebook Tweet on Twitter The Government has introduced new legislation aimed at protecting small businesses by ensuring companies pay their suppliers within 60 days. Late payments could now result in sign...

10/03/2026

Scotland sees sharp rise in Business Distress https://ow.ly/9KsI50YrMJB

EconomyScotland sees sharp rise in Business DistressBy News Team - March 10, 202602 Share on Facebook Tweet on Twitter The number of Scottish businesses in critical financial distress surged to 3,517 in Q4 2025, marking a 49.5% increase compared to the same period in 2024, when the figure stood at 2...

23/02/2026

January sees a rise in Personal Insolvencies https://www.ukdcnews.co.uk/economy/rise-in-personal-insolvencies/

EconomyJanuary sees a rise in Personal InsolvenciesBy News Team - February 23, 202603 Share on Facebook Tweet on Twitter The latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 12% in January 2026 compared to January 2025, ris...