• Business insolvency rises but personal bankruptcy declines

    Business insolvency rises but personal bankruptcy declines
    Business Insolvency continues to rise but in stark contrast, personal bankruptcy numbers dropped. The latest figures provided by the insolvency service made for interesting reading.
    Whilst personal bankruptcies dropped in comparison to the same period for last year, it was not the same for the business world. Business Insolvencies have risen dramatically, largely due to the drying up of Business support through the pandemic.
    The number of registered company insolvencies in May 2022 was 1,817:79%
  • Small Business Debt Recovery could boost SME cash flow as economy shrinks

    Small Business Debt Recovery could boost SME cash flow as economy shrinks
    Small Business Debt Recovery is becoming more important to cash flow as a UK recession looms. Flash estimates of the UK economy’s performance in June showed Small Business optimism is at its lowest point since the out break of the pandemic.
    Post pandemic ‘orders’ are drying up and show a drop in order volumes across the board. A survey for June conducted by S&P and the Chartered Institute of Procurement said overall activity across service and manufacturing sectors hit a 15
  • International Business late payment rise predicted for Europe

    International Business late payment rise predicted for Europe
    International Business late payment is expected to rise across Europe according to latest research. A survey conducted by Intrum AB of 11,000 European companies predicts that Businesses are expecting late payments to rise. The rise is expected due to rising inflation, fuel costs and interest rates.
    The 24th edition of the European Payment Report (EPR) clearly illustrates the multi-faceted challenges that businesses across Europe are facing.
    “Europe is going through an eventful and cha
  • Startling rise in construction firm recovery loan defaults

    Startling rise in construction firm recovery loan defaults
    A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. It also signals a potential wave of Debt Collection action from creditors to recover what is owed.
    The warning comes from accountant Price Bailey after analysing data from lender the British Business Bank following a Freedom of Information Act request.The Coronavirus Business Interruption Loan Scheme (CBILS) was closed for new applications on 31 March 2021, and businesses were given
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  • Unpaid Commercial rent arrears on the rise

    Unpaid Commercial rent arrears on the rise
    Insolvency professionals are reporting an increase in the number of companies seeking help with issues relating to unpaid commercial rent arrears. The spike has occurred since 26th of March, when restrictions to prevent landlords issuing possession and rent distraint orders for commercial rent arrears were lifted.
    However, the new rules only permit landlords to issue possession and distraint orders for those arrears which fall outside the pandemic period. According to Allan Cadman, North West ch
  • Digital Debt Recovery firm tasked with tackling unpaid fuel bills

    Digital Debt Recovery firm tasked with tackling unpaid fuel bills
    A digital debt recovery firm has been flooded with claims for unpaid fuel following a sharp rise in numbers. Rising petrol prices have led to a sharp increase in people not paying for fuel at petrol stations for a variety of reasons.
    Petrol prices hit record highs last week with the price of filling the tank of the average family car surpassing £100
    Debt Recovery specialist firm Forecourt Eye works with 1,000 garages in the UK. According to the BBC News website, they have said there has be
  • Digital Debt Recovery firm tasked with combating unpaid fuel bills

    Digital Debt Recovery firm tasked with combating unpaid fuel bills
    A digital debt recovery firm has been flooded with claims for unpaid fuel following a sharp rise in numbers. Rising petrol prices have led to a sharp increase in people not paying for fuel at petrol stations for a variety of reasons.
    Petrol prices hit record highs last week with the price of filling the tank of the average family car surpassing £100
    Debt Recovery specialist firm Forecourt Eye works with 1,000 garages in the UK. According to the BBC News website, they have said there has be
  • Online fashion giant served with winding up petition

    Online fashion giant served with winding up petition
    Leading online UK fast-fashion retailer Missguided has been served with a winding up petition due to unpaid debts. The company is said to be the brink of collapse with millions of unpaid business debts owed to suppliers.
    It is claimed that Office workers at the online brand have stopped answering the phones as angry suppliers and debt collection agencies continually call demanding payment, a source within the company claims.
    Some Suppliers have even reportedly turned up at the retailer’s h
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  • Invoice late payment surge crippling Yorkshire Businesses

    Invoice late payment surge crippling Yorkshire Businesses
    As the UK’s economic situation continues to deteriorate, businesses in Yorkshire face a front-line battle against invoice late payment. Many Yorkshire based Businesses are starting to show signs of increasing financial problems. This is due to larger amounts of debt being owed and increasing numbers of businesses failing to pay invoices.
    Yorkshire is the biggest county in the UK. It is over twice the size of Lincolnshire, the nations second biggest county. It is the hone to large cities su
  • Toll fine Debt Collection letters are ‘intimidating and misleading’

    Toll fine Debt Collection letters are ‘intimidating and misleading’
    Letters being sent by a Debt Collection Agency to drivers who fail to pail Tyne Tunnel fees are “initimidating and misleading” debt charities have warned.
    The Debt Collection letters advise of potential fines and even criminal convictions. The letters also warn of further debt collection costs, high court orders and even bankruptcy.
    TT2 which is the Operator of the Tyne Tunnel said the wording in the debt collection letters was “fair and appropriate” and was in line with
  • Celebrity in court hearing for £3.2m unpaid Debt

    Celebrity in court hearing for £3.2m unpaid Debt
    Reality celebrity star and former glamour model Katie Price is due in court today after amassing vast amount of unpaid debt.
    Katie Price is facing court today over her staggering £3.2million debt repayment.
    The former glamour model, 44, whose real name is Katrina Amy Alexandra Alexis Price, appears on the listing for the Royal Courts of Justice in London today.It has not yet been confirmed whether or not the mum-of-five, who is due to appear in court at 10.30am, will appear in person
  • Ziglu partners with ClearBank to offer virtual GBP bank accounts

    Ziglu partners with ClearBank to offer virtual GBP bank accounts
    London & Amsterdam, Tuesday 7th June 2022 – ClearBank, the cloud-based clearing bank, today announced that it is providing agency banking services to UK-based money app Ziglu. ClearBank’s technological infrastructure, regulated payment rails and treasury management service have bolstered Ziglu’s banking and investment offerings, enabling Ziglu to offer virtual GBP accounts to its customers. ClearBank powers Ziglu’s real-time processing and reporting for its GBP virtua
  • Debt Collection Agencies could help save thousands of SME’s

    Debt Collection Agencies could help save thousands of SME’s
    Debt Collection Agencies could help save thousands of Small Businesses in the UK it is claimed. Almost 500,000 Small Businesses and SME’s in the UK are facing the real prospect of going bust.
    History shows that taking professional debt collection action can help save the number of Small Businesses from going bust.
    Recent reports and research make for very bleak reading for the country’s Small Business community. A tidal wave of unpaid invoices is causing a chain of ill effect on the
  • 500,000 Small Businesses at risk of going bust within weeks

    500,000 Small Businesses at risk of going bust within weeks
    Increasing running costs have created a ticking time bomb for Small Businesses according to the FSB. The Federation of Small Businesses (FSB) have issued a warning that around 500,000 Small Businesses are at serious risk of going bust within the next few weeks without new government support.
    FSB Chairman Martin McTague has applauded chacellor Rishi Sunak’s ‘cost of living’ package worth a total of £15bn. However, he points out that unless the government supports Small Bus
  • Small Business late payment getting worse

    Small Business late payment getting worse
    Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks an increase in Small Business late payment.
    Average late payment days increased by 1.8 days to 7.7 days. This is the longest small businesses have had to wait to be paid since September 2020.
    Xero says tougher economic conditions caused by rising inflation have left the UK’s small businesses squeezed tighter between soaring energy bills and wages on one side, and s
  • Council forced to sell buildings to pay debts

    Council forced to sell buildings to pay debts
    A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of its assets to pay off debts,  government commissioners have warned.
    Following continual non payment, Slough Borough Council was forced to declare bankruptcy last year, having accrued £760m in unpaid debt.
    A report by the commissioners said it would have to sell most of its assets “without exception”.
    Council leader James Swindlehurst said he was
  • Number of Businesses going bust doubles in 2022

    Number of Businesses going bust doubles in 2022
    Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body.
    Alarming figures for April published by the Insolvency Service for England and Wales show a 115 per cent rise on April 2021. The figure for March was a staggering 111 per cent up when compared with March 2021.
    Uk Trade body ‘R3’, for restructuring and insolvency professionals, said the figures reflected the toll economic turbulence was
  • Council hit with huge writ for Unpaid Care home fees

    Council hit with huge writ for Unpaid Care home fees
    A Council in Wales has been hit with a high court writ to recover unpaid care home fees it owes.
    Gwynedd Council is reported to owe a large sum to a private care home service provider. Meddyg Care Dementia Homes is taking Debt Collection action against the council after it ignored a judgement made by Northampton Small Claims Court.
    The council failed to act on a County County Court Judgment issued in April ordering it to repay £44,529.46. The debt had accrued for unpaid care home fees sinc
  • Business insolvencies predicted to skyrocket

    Business insolvencies predicted to skyrocket
    Trade Credit insurers Allianz Trade have predicted that Business insolvencies will skyrocket. They predict company insolvencies will rise by a huge 37% this year. This would see the UK become the first big European economy to reach pre-pandemic levels of corporate insolvencies.
    Research suggests the dramatic rise in Business insolvencies will be driven by various factors. These are stated as being the withdrawal of Covid support schemes, rising energy and fuel costs, supply chain issues, Russia&
  • Ex TV Channel boss banned from being a Company Director

    Ex TV Channel boss banned from being a Company Director
    A Plymouth based businessman has been banned from being a company director for eight years. This follows after his TV network went bust with unpaid debts totaling nearly two million pounds.
    The Insolvency Service gave Connor Johnson the lengthy disqualification following the liquidation of his TV Company, Rhino Television and Media Ltd in 2021.
    The Insolvency service said Mr Johnson had failed to ensure maintained, adequate accounting records from at least October 2015 through to its liquidation
  • Small Business late payment rising due to cost of living increase

    Small Business late payment rising due to cost of living increase
    Nearly a quarter (24%) of small businesses and medium sized enterprises (SMEs) have seen a rise in the number of late payments. The late payment problem has increased since the cost of living has gone up claims new research.
    The survey, by Barclays Bank, indicates that rising prices have begun to impact Small Business late payments between businesses. 19% of SMEs said that they are finding it more difficult to pay suppliers because of the cost of living crisis.
    Six per cent said that the amount
  • Businesses going bust forces a council to write off £560k

    Businesses going bust forces a council to write off £560k
    More than half of the bad debts written off by a council in the last six months of last year were caused by businesses going bust.
    East Lothian Council has revealed it wrote off more than £560,000 in debts during the last financial year.However in the six months from October 2021 to March 2022 it said over half of the unpaid £301,954 written off was caused by companies or traders going bust.
    A report into debts of under £50,000 which had been written off by offic
  • Insolvency service to close half of its offices

    Insolvency service to close half of its offices
    The Insolvency Service will close half of its offices in England according to plans laid out in an new strategy. The news has not been met well though with the PCS Union saying it could cost up to 300 jobs.
    The executive agency, which provides information on bankruptcy, redundancy, paying off debts, company insolvency and misconduct of trading companies and partnerships, will close 11 of its 20 local offices in England over the next five years.
    Its offices in Cardiff and Edinburgh will stay
  • Business CCJs in Scotland rise by 52%

    Business CCJs in Scotland rise by 52%
    Business CCJs in Scotland saw a fifty two per cent (52%) increase in decrees and judgments against them in the first quarter of 2022. This huge rise is in comparison with the same period last year, 2021.
    The total value of these judgments also rose by a massive 269%. The total value of judgment debt went from just under £2.1m to more than £8m.Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines for the UK & Ireland, has relea
  • Late payment contributing to Small Business Owners mental health decline

    Late payment contributing to Small Business Owners mental health decline
    The impact of increased late payment, business impacts of the covid pandemic and lockdowns have impacted on the mental health of Small Business owners according to FSB findings.
    In a survey by the Federation of Small Businesses (FSB) of 1,000 Business owners, 34% of Small Business Owners stated that their mental health had suffered over the duration of the pandemic.
    Latest Government figures show that there are 5.5 million small businesses across the UK, indicating that approximately 1,800,000 h
  • Surge in Landlords seeking Rent Arrears Debt Collection

    Surge in Landlords seeking Rent Arrears Debt Collection
    There has been a significant increase in the number of landlords seeking rent arrears debt collection action to recover lost rent, according to eviction firm Landlord Action.
    The debt collection industry has seen a sharp rise in landlords requesting information on how to recover unpaid private housing rent. Debt Collection for unpaid rent is a well sought after service but is notoriously difficult especially in the current climate.
    According to Landlord action, people enquirers for debt collecti
  • Sharp rise of Businesses in ‘Financial distress’

    Sharp rise of Businesses in ‘Financial distress’
    Leading Insolvency firm Begbies Traynor has reported a 19% rise in Companies in critical financial distress for the first 3 months of 2022.
    Research conducted by the Insolvency specialist has found that 1,891 firms were now in severe financial distress for the first quarter of the year. This is almost a fifth higher than for the same period of twenty twenty-one (2021)
    The company says that the 19% year-on-year increase has been significantly boosted by a 51% jump in insolvencies for the construc
  • Golf Course seized by Bailiffs due to Unpaid Commercial rent Arrears

    Golf Course seized by Bailiffs due to Unpaid Commercial rent Arrears
    Problems with Unpaid Commercial Rent Arrears have seen Bailiffs seize a scenic golf course. Bailiffs seized the golf course last week in Portishead, Bristol. The land tied in with the golf course, formerly known as ‘Portishead approach gold course’ is owned by North Somerset Council.
    The Approach gold course had been let to a Mr Adrian Stiff for over several years. Due to various disputes between Mr Stiff and North Somerset Council, the site has been mothballed since April 2018.
    The
  • Sporting legend jailed for breaking UK insolvency laws

    Sporting legend jailed for breaking UK insolvency laws
    World famous Tennis legend Boris Becker has been jailed for two years and six months following various breaches of his bankruptcy order. Becker was made bankrupt in 2017 and ordered to comply with Insolvency laws but he was found to have hid millions of pounds worth of assets.
    At Southwark Crown Court, he was found guilty on four charges relating to breaches of UK Insolvency laws but acquitted on a further 20 counts in connection with his 2017 bankruptcy. On sentencing Boris Becker to prison, th
  • Tennis Ace facing Jail over avoidance of Bankruptcy Debts

    Tennis Ace facing Jail over avoidance of Bankruptcy Debts
    Grand Slam champion and well known Tennis ace Boris Becker is facing a possible lengthy prison sentence for insolvency breaches today. He is accused of hiding hundreds of thousands of pounds of assets. He was previously declared bankrupt in 2017 and as part of his bankruptcy supposed to declare all assets.The three time Wimbledon winner ran aground financially in 2017 after his £38 million tennis earnings were absorbed up by an expensive divorce, child maintenance and a lavish luxury lifes
  • Companies struggling with B2B Debt Collection

    Companies struggling with B2B Debt Collection
    UK Companies are struggling with their B2B Debt Collection according to recent research. Over sixty one per cent of Businesses have failed to recover debts owed to them for a wide range of issues including outdated customer data and email addresses.
    The research conducted by Debt register has revealed that reduced business cash flow has highlighted the incompetency’s of staff to accurately maintain and manage customer data.
    Small Businesses and large businesses alike have been left unable
  • Insolvency Service continues to target Bounce Back loan abusers

    Insolvency Service continues to target Bounce Back loan abusers
    The Insolvency Service has continued to target bounce back loan abusers in the UK. They have successfully secured restrictions against a gym operator and roofer after they falsely claimed bounce back loans for their respective businesses.
    In separate bounce back loan applications, Junaid Dar, aged 31 and from Birmingham, in addition to David Michael Godderidge aged 40, from Tamworth, falsely applied for bounce back loans. The loans were close to £60,000 and paid from the Bounce Back Loan s
  • Debt Collection quotes and what you should look for

    Debt Collection quotes and what you should look for
    Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies. The first Debt Collection quotes site in the UK was launched in 2013. Best4debtcollection.co.uk (Best4) was launched to marry creditors with suitable debt collection agencies.
    Since its launch nearly 10 years ago, Best4 has helped thousands of Businesses and personal individuals recover what they are owed. They have introduced them to Professional Debt Collection Agencies that have helped them. The
  • Hilltop Credit Partners announces partnership with MCAP Global Finance (UK) LLP and completes £33 million loan for newbuild residential development in Worcester

    Hilltop Credit Partners announces partnership with MCAP Global Finance (UK) LLP and completes £33 million loan for newbuild residential development in Worcester
    Real estate development lending platform Hilltop Credit Partners today announces a funding partnership with MCAP Global Finance (UK) LLP, the UK subsidiary of New York based Marathon Asset Management, LP (“Marathon”) a leading global credit manager with $23bn in assets under management. The partnership between Hilltop and Marathon will focus on whole loan originations of c. £25-100 million in the UK residential market, which continues to suffer from a structural shortage of mod
  • Bank tells high street rivals to speed up paying suppliers

    Bank tells high street rivals to speed up paying suppliers
    Well known UK banking organisation, TSB has called on its high street bank rivals Co-Operative Bank and Metro Bank to speed up supplier payments after it found the banks are among the worst culprits for paying small firms late.
    Co-Op bank pays just half its suppliers within 30 days, while Metro Bank topped the list of overdue invoices at more than one in four, according to TSB’s data.
    The numbers put both Co-Op and Metro Bank below the voluntary standard ‘prompt payment code’ w
  • 6 Tips for choosing a Debt Collection Agency

    6 Tips for choosing a Debt Collection Agency
    If you’re running a Business and searching for a debt collection agency (DCA), it is essential you choose the right solution. As with any Business sector, not all debt collection agencies are equal.
    Maximum effort will deliver maximum results. Also, the greatest service will deliver the greatest results. But how do you arrive at this conclusion? Cheap is not cheerful as with any type of service, debt recovery or otherwise.
    Performing basic checks should help you determine which Debt Collec
  • North East England Businesses facing late payment crisis

    North East England Businesses facing late payment crisis
    The scale of the SME late payment crisis facing North Eastern English firms has been highlighted by new reports. Latest figures show that North East based companies have almost 670,000 invoices on their books that had gone past their payment deadline without being settled in February.
    The figures from insolvency business R3 come along side data which shows that, at the same time, more than 38,000 regional businesses had overdue and unpaid invoices. Unpaid business invoices is not an unfamiliar p
  • Spike in Debt Recovery action expected

    Spike in Debt Recovery action expected
    A big spike in Debt Recovery action is expected following the end of temporary measures introduced by the government to help bolster Small Businesses during the pandemic.
    The Government introduced the Corporate Insolvency and Governance Act 2020 (CIGA) in March 2020 to help companies to stay afloat during the pandemic and to protect them from aggressive action from creditors.
    From March 2020 to September 2021, CIGA sought to temporarily suspend parts of insolvency law by putting a ban on statut
  • Paysend Helps People in The UK Improve Their Financial Health with Paysend Grow

    Paysend Helps People in The UK Improve Their Financial Health with Paysend Grow
    LONDON – 06 APRIL, 2021 – Paysend, the UK-based fintech with over 6.5 million customers, today announces the launch of two new products to help customers improve their financial health: Credit Builder and Pay Later. Credit Builder lets people in the UK with little or no credit history automatically improve their credit score by simply using their Paysend card for their daily spending when linked to their Paysend Credit Builder account in the Paysend app....Source: RealWire
  • New law introduced to solve Covid Commercial Rent arrears

    New law introduced to solve Covid Commercial Rent arrears
    Business Minister Paul Scully has announced the launch of a new law to help resolve remaining commercial rent debts accrued because of the pandemic.
    The ‘Commercial Rent (Coronavirus) Act 2022’ received Royal Assent means that a legally binding arbitration process will be available for eligible commercial landlords and tenants who have not already reached an agreement. This will resolve disputes about certain pandemic-related rent debt collection and help the market return to normal
  • Sporting legend sold trophies for £700k to clear debts

    Sporting legend sold trophies for £700k to clear debts
    Trophies won by tennis sporting legend Boris Becker were auctioned off for £700,000 to pay debts off as part of his bankruptcy a court has been told.
    Global Tennis star Boris Becker, 54 is accused of auctioning off his trophies to pay off his debts after he was declared bankrupt in 2017, Southwark Crown Court heard
    German Becker denies 24 charges under the Insolvency Act for the undeclared auction.
    The charges also include seven of concealing property, five of failing to disclose estate, t
  • Contractor late payment increases

    Contractor late payment increases
    UK contractor late payment has been increasing since the start of the covid-19 outbreak two years ago.
    More than two-thirds (65%) of contractors have experienced slower payments since the start of the pandemic, according to research carried out by Lloyds Bank Commercial Banking.
    A quarter of businesses (26%) say it now takes their customers more than 30 days to settle outstanding invoices, with debtors most commonly citing cashflow pressures (33%) and late payments from their own customers (28%)
  • Business Insolvencies doubled in February

    Business Insolvencies doubled in February
    Insolvency figures released this week by the Insolvency service for February 2022 showed corporate insolvencies more than doubled compared to the same month last year (1515 in February 2022 and 685 in February 2021). They were 13% higher than the number registered two years previously (pre-pandemic; 1346 in February 2020).
    In February 2022 there were 1,329 Creditors’ Voluntary Liquidations (CVLs), more than double the number in February 2021, and 40% higher than in February 2020. Numbers f
  • Why Business Debt Recovery has a critical role to play

    Why Business Debt Recovery has a critical role to play
    It will come as no shock that the main objective of any business is to make more money than it loses. Staying in the black is essential for the longevity of business but there are times when debt can be the best option. Businesses using debt as a means to acquire additional assets is nothing new yet recent data revealed that 52% of UK businesses are now being crippled by toxic debts.
    A Business having debts of its own can sometimes be inevitable but this can often be caused by a Business not act
  • Council that refuses to use Debt Collection Agencies writes off £1.5m of debt

    Council that refuses to use Debt Collection Agencies writes off £1.5m of debt
    More than 1.5m worth of unpaid debt by way of unpaid rent arrears is being written off. Bristol City Councillors agreed that its staff should ‘give up’ in trying to recover the unpaid debts which are three years old or more.
    A total of 3,446 debts have been amassed with an average debt value of £446. The Council refused to turn to Debt Collection Agencies for help despite incurring heavy losses as a result.
    These heavy losses will now be accounted for in the City Council’
  • Rogue Director gets 9 year ban for Covid loan lies

    Rogue Director gets 9 year ban for Covid loan lies
    A rogue Company Director from Wolverhampton deliberately lied by exaggerating company turnover to secure a £50,000 bounce back loan.
    Inderjit Singh Dadial, aged 32 has been disqualified from being a Limited Company director for nine years.
    He was sole director of Cali Juices Ltd, a wholesaler of specialised soft drinks, which was incorporated in 2019 with a registered address in Wolverhampton.
    In June 2020 Inderjit Singh Dadial applied for and secured £50,000 through the Bounce Back
  • Council plans to hire more Debt Collectors

    Council plans to hire more Debt Collectors
    A London council plans to hire more debt collectors to try and prevent it losing millions of pounds in revenue each year.
    Harrow Council intends to hire Enforcement Agents and Debt Collectors to collect unpaid debts owing to the council. These debts will include unpaid fees such as council tax, business rates and parking fines.According to a report, which will be discussed by the council’s members later this week, using debt collectors could prevent Harrow council from losing up to £
  • Unpaid Debt for £230 leads to 3m Scottish castle seizure

    Unpaid Debt for £230 leads to 3m Scottish castle seizure
    An Unpaid Debt for £230 dramatically paved the way for a majestic Scottish castle being seized by Scottish Sheriff Officers last week.
    The Owners of the Scottish castle were after a battle over a £230 unpaid debt dating back 25 years. With continued costs being added, the debt rose to £30,000.
    Eventually, Businesswoman Marian Van Overwaele was made bankrupt in 2000. This was after she repeatedly refused to pay the £230 bill relating to a bridal wear business she operated
  • 25% of Small Businesses constantly chasing late payments

    25% of Small Businesses constantly chasing late payments
    Cash flow and late payments are named as the biggest financial concerns for 22% of small business owners in the UK this year.  One in four small businesses state that they are constantly chasing late payments, according to a new report.
    The annual 2022 business challenges report, carried out by card payments specialist takepayments Limited, surveyed SME business owners and decision-makers across the UK to discover the current small business landscape for the year ahead.
    Late payments ultima
  • Ex Dragon’s Den star issued jail sentence for Unpaid Debt

    Ex Dragon’s Den star issued jail sentence for Unpaid Debt
    The High Court in London has issued a suspended Jail sentence against a former on-line Dragons Den star.
    High profile American entrepreneur Julie Marie Meyer MBE appeared as a ‘Dragon’ in a online version of the popular BBC television show Dragons Den in 2009.
    Meyer owes London Law firm Farrer & Co £200,000 in unpaid fees dating back to 2018.
    Mr Justice Kerr said Julie Marie Meyer had shown herself in the proceedings “to be a selfish and untrustworthy person”.
    S

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