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Industry


HMRC staff walkout

HMRC staff who are members of the Public and Commercial Services (PCS) union walked out of their jobs this morning as part of an ongoing protest over pay and employment terms. Read full story


International insolvency guidelines to be drawn up

Insolvency proceedings involving parties from more than one EU Member State could be simplified under new guidelines. Read full story


20m calls go unanswered at HMRC

HM Revenue & Customs’ (HMRC) customer service target has been branded “woefully inadequate” by the Public Accounts Committee (PAC) after 20 million phone calls went unanswered in 2011-12. Read full story


Barclays insolvency boss quits for PPF

The Pension Protection Fund (PPF) has confirmed the appointment of a new head of restructuring and insolvency. Read full story


Insolvency Service winds down debt collection firms

Two linked debt collection companies have been ordered into liquidation for “unacceptable” business practices following an investigation by the Insolvency Service. Read full story


Impairments fall at RBS

Bad debt charges fell by 33% to £529m in the UK retail division of Royal Bank of Scotland at the end of 2012. Read full story


SURVEY: New Business Trends

Joe McGrath reveals the trends resulting from administration work in 2012 researched from Insolvency Today’s BlackBook. Read full story


ON THE MOVE: Neal Weekes

Neal joins Gordon Brothers Europe with 30 years’ experience in the valuation and disposal of assets in the corporate recovery and asset-based lending markets. Read full story


Bankrupt faces imprisonment for hiding assets

A former bankrupt has been jailed for eight months for failing to disclose cash he received for selling a flat he owned. Read full story


Cooper Parry bolsters restructuring team

Cooper Parry has hired Mark Huddlestone as a refinance manager within the restructuring team at the group’s Leicester office. Read full story


HMRC appoints panel manager

TDX Group has won a contract with HM Revenue and Customs (HMRC) to act as a debt broker and panel manager for its outsourced consumer debt collection work. Read full story


HogLove confirms partners worldwide

Hogan Lovells has announced the promotion of 24 new partners, taking the number of partners to more than 800 in offices across Asia, Europe, the Middle East and the U.S. Read full story


Former Insolvency Service employee handed prison sentence

An insolvency manager has been sentenced to 12 months in prison for stealing £126,000 from her employer the Insolvency Service. Read full story


Credit Today hosts credit data technology webinar

Leading experts on credit data technology took part in an informative webinar hosted by Credit Today. Read full story


Companies settle payments 1.3 days earlier

UK businesses paid their bills nearly 1.3 days earlier in the third quarter of 2012, compared to the same period last year, according to Experian. Read full story


drydensfairfax appoints new ceo

Law firm drydensfairfax has promoted Sue Nickson to chief executive one month after she joined the firm as director of legal. Read full story


SMEs will survive less than three months without overdrafts

The majority of small and medium-sized enterprises (SMEs) in the UK said they would survive less than three months without access to an overdraft, according to a survey. Read full story


Insolvency Service under fire on targets

The new chief executive of The Insolvency Service insisted that increasing confidence in its enforcement regime was “challenging” after the organisation failed to meet its target. Read full story


Police swoop on counterfeit cheque operation

The Dedicated Cheque and Plastic Crime Unit (DCPCU) has dismantled what is believed to be one of the UK’s biggest counterfeit cheque crime groups. Read full story


Rents rising, warns Money Advice Trust

Rent price increases are hitting the pockets of the poorest people in society, according to research from the Money Advice Trust. Read full story