Latest News From Complete Clarity Solicitors

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 civil justice statistics, published by Scotland’s Chief Statistician, have revealed a fall in the number of debt cases being considered by Scottish courts for the fifth year in a row.

The UK Government has launched a consultation over new proposals that will require large and listed companies to publish detailed information about their payment practices and performance.

Further action on late payment should be one of the top priorities in the Autumn Statement, according to national business group the Forum of Private Business.

A new law, which was introduced by the Scottish Government to allow local councils to recover debts they have incurred when taking on enforcement work on dangerous or defective buildings, has been passed by the Scottish Parliament.