British Businesses Suffer Due to Unpaid Invoices
New research has revealed that British SMEs are owed more than £500 billion in outstanding invoices, an increase of more than 70% in two years. The latest Lloyds Bank Commercial Banking Business in Britain research also found that the problem is likely to get worse during 2016, with almost 30% of small businesses expecting more […]
New Rights for Consumers
New rights came into force on 1st October 2014 that give consumers greater powers to challenge rogue traders and get their money back. Under the changes, consumers who are bullied or misled into buying services or goods they neither need nor want will now have a period of up to 90 days to take legal […]
Contractual Rights and Doorstep Traders
In a decision that has been welcomed by the Competition and Markets Authority (CMA), the Supreme Court has recently ruled that a consumer who entered into a doorstep selling contract was entitled to cancel his contract and get his money back when a trader failed to tell him about his legal right to cancel. The […]