EU Ministers have recently adopted new rules making it easier for companies to recover debts across borders.
Raeside Chisholm Solicitors Blog
Late payment continues to be an issue for many small and medium sized businesses, according to recent research by the Forum of Private Business.
The Financial Conduct Authority (FCA) is to conduct an in-depth review of payday lenders and other high cost short term lenders, to examine how they collect debts and manage borrowers in arrears.
Measures to ensure the right cases are heard in the right courts at the right cost are included in a new Bill recently published by the Scottish Government.
As many as 40 Scottish people are expected to be made bankrupt every day in 2014, according to accountants and business advisers BDO.