Sharp Rise in Number of ‘Zombie Businesses’

Sharp Rise in Number of ‘Zombie Businesses’

There has been a large increase in the number of ‘zombie businesses’ in the UK, according to recent research by insolvency trade body R3.

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Take Action Now Against Mortgage Risk Arrears

In February the Financial Conduct Authority (FCA) published its thematic review of mortgage lenders’ arrears management and forbearance. The review found that whilst there had been an improvement in lenders’ arrears management since the last review lenders needed to place greater emphasis on delivering consistently fair outcomes for customers based on their individual circumstances.

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