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Editor John Arnold - E-mail: jarnold@creditman.co.uk This week's issue of the Business Credit News UK is brought to you in association with the Institute of Credit Management (ICM) 
For the latest ICM news, click on Empowering... which carries information on icm08, ICM Online Services and the benefits of belonging to the ICM. If you are working in credit and do not belong, you really should consider doing so now. You can join for as little as £42 by calling 01780 722903 To be empowered, click here now! ================== Current News ================== - Coface Downgrades United States Rating to A2, and Watch-Lists Japan with Negative Outlook - The House of Lords hands down its decision in the HIH assets appeal - Equifax Survey Reveals Mortgage Troubles Ahead - Credit Today Awards - Finalists Announced - Atradius reports results for 2007 - Total income nears EUR 1.4 billion, 56% rise in net profit - The Credit Show – boasting a great line-up of exhibitors - 14-15 May 2008, Olympia - Ernst & Young ITEM Club comments on today's interest rate cut - Business Bankruptcy Can Provide Spur To Future Success - Yell Group Outlook Revised To Negative On Expected Tight Covenant Headroom; Ratings Affirmed - Image conscious Brits ignore credit crisis and take on more debt to appear wealthier to peers - Speedy solution from Venture Structured Finance - Jobs in Credit reveals Britain's worst CV crimes - Provisional liquidator appointed to private security companies - Recruitment company closed down - A company claiming to sell advertising space in a number of publications has been wound-up by the High Court - Graydon UK Demands Late Trade Payments Legislation Rethink - IVA or Bankruptcy? IVA.co.uk Debt Debate Weighs Up Insolvency Options - OFT warns 13 companies about their debt collection practices - Bacs research shows British businesses are not taking advantage of late payment legislation - The European Credit & Finance Conference, May 8th, San Gorg, Malta - Youngsters Ltd (in administrative receivership) & Toyzone Ltd (in administration): update - Seminar turns spotlight on cash collection challenges - Automotive industry records fewer business failures but Experian warns dealers not to become complacent - BBA warns against legislating in haste - Art Falls Into Administration - Experian offers advice to those looking to beat the mortgage freeze - SMEs push forward with growth plans - Euler Hermes creates Euler Hermes World Agency, a new subsidiary to serve multinational companies - GMAC-RFC stays one step ahead with Experian - FLA responds to introduction of Consumer Credit Act - Enforcement companies combine under new name - Kaulkin Ginsberg Anticipates Increased Foreign Investments in U.S. Accounts Receivable Management Companies - UK Government to ensure important laws come into force on only two dates per year - Nomis Solutions’ Pricing Optimization selected byRBC Across Multiple Lines of Business - Equifax Business Failures Report reveals credit crunch hitting home in Quarter 1 2008 - Transcom's "Night at the Oscars", an innovative call centre staff recognition event - Lowell Group sold for undisclosed value To read the complete story on these and to submit your news items please go to the News Section ================== Debt Management Collection & Recovery - 2008. An analysis of the consumer and commercial debt management industry in the UK ================== The widely acclaimed Debt Survey 2004 has now been updated for 2008. There are three versions available - the most detailed of which contains 176 pages.
The report provides detailed information on the 'household debt problem' and forecasts the effect that this will have in the medium term, both on individual bankruptcy levels and corporate insolvency. Key evidence from the report shows:
If you are interested in purchasing a copy of either the Summary, Debt Collection Agents Survey or Full Debt Survey 2008 Report please email jarnold@creditman.co.uk or telephone 0845 226 1842 - International + 44 1489 787541. Credit Cards accepted ================== Up Coming Events ================== Practical Collection Skills for Difficult Debts - Apr 15 2008 to Apr 15 2008 Introduction to Company Accounts - Apr 15 2008 to Apr 15 2008 Litigation - Effective Enforcement - Apr 15 2008 to Apr 15 2008 Psychology of Collection - A two day workshop - Apr 15 2008 to Apr 16 2008 Credit Control & Collections Training - Apr 15 2008 to Apr 15 2008 Letters of Credit - Apr 16 2008 to Apr 16 2008 For the full details on these and other events and to add your events to our database please go to our Events Section ================== A Selection from Last Week's Insolvency Notices ================== Advertised Winding Up Petitions Adeva Rentals LtdAero-Print Securities Limited Belfield Engineering Limited Bell Business Park Limited Credit by Instinct Ltd Electrical Connectors (UK) Limited Hatden Limited Highline Communications International Limited Hilton Property Limited Keith Marsden Plumbing & Heating Limited Leever Construction Ltd Paul Anderson Construction Limited Sheldrake Construction Ltd Tera Constructions Limited TJD Group Ltd Universal Catering Services Ltd Appointment of Administrators A Plus Industrial Services LtdCampbells of London Limited CanDu Entertainment Group Limited CPR Automation Limited Eyot (Walton on Thames) Limited Formdirect Limited Forno Vivo Limited Homeworthy Guaranteed Furniture Limited Martin Mulligan (UK) Limited Marton Oak Limited Oakform Limited Ruston Electronics Limited Student Resources Limited Thomas Whitaker (Eastburn) Limited Welcombe Garages (Stratford) Limited Notices of Meetings of Creditors (Section 98) Creditors Liquidation Abbey Die & Tool LimitedApplied Computer Software Limited Briarside Limited Dalesmoor Homes Limited House Pride Building Ltd Jonro (Derby) Limited Northampton Print Finishers Limited S & N International Limited Studio Ambience Designs Limited Upfront (Newquay) Limited Willowbrook Property Services Ltd York Vale Conservatories Limited Zhong Jing (UK) Limited Zoo Interactive Entertainment Limited Would you like to have ALL the Insolvency Notices delivered to your desktop every week by email? Email John Arnold for more information. ================== Debt Collection Services ================== Try our own inhouse collections for UK debts - A service provided by credit management professionals. For international collections through our network of partners we will find you the right service partner on the best possible terms. To find out more go to our UK & International Debt Recovery Service ================== Forums ================== Education & Training for Credit Professionals Bankruptcy & Insolvency Credit Management Issues Business Information & Credit Reporting Consumer Credit Bad Debt & Debt Collection Participate in our Forums ================== Products and Services Announcements ================== Products: Credit Reports & Documents Insolvent Companies Data International Credit Reports Services: Asset Finance/Refinancing Business Recovery / Turnaround Company Formations Credit Control Consultancy Credit Control Outsourcing Credit Insurance Credit Training Creditors Meetings Service Debt Collection Service Debt Purchase Distressed Companies Data Enforcement Investigations - UK and Global Invoice Factoring Recruitment Skip Tracing Small Firms Loans Stock Finance Trade & Transaction Finance UK Legal Action & Advice Click on the above links to view our products & services. Do you want the FULL edition of our newsletter delivered to your desktop every week? You can subscribe by going online at http://www.creditman.biz/uk/members/newslettersearch.asp or contact us by phone, fax or e-mail. ================== Unsubscribing ================== If you want to be removed from our weekly snapshot newsletter mailing list please click http://www.creditman.biz/uk, once on the main page go to Free Newsletter from Creditman, enter your email address and select "Unsubscribe", finally click on "Post" button. Members, please login first. Go to the Quick Navigation top right, select Subscribe Newsletters & follow the procedure. Or alternatively email: jarnold@creditman.co.uk |