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Insolvency Profession Calls for ‘Breathing Space’ from Creditor Enforcement

Insolvency Profession Calls for ‘Breathing Space’ from Creditor Enforcement

Insolvency trade body R3 has called on the UK Government to follow the example of Scotland and other countries such as Australia and Canada and introduce a ‘Breathing Space’ provision for indebted individuals in England and Wales.

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SMEs take stand against late payers

More than half of British businesses are being left with no alternative but to suspend work and services in order to protect their cash flows against the continued threat of late payment, according to new research.

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