Cash Is King

Cash is king and is still the preferred method of payment by retailers. Statistics released by the British Retail Consortium (BRC) followed an analysis of 10 billion retail payments in 2012. Those payments were 60% of all UK retail sales for that period. The results...

Late Payment Interest And Compensation

Late payment interest and compensation can be used to improve your cash flow. Earlier this year, the UK introduced new legislation to help businesses get paid quicker and improve cash flow. There was already legislation put into place in 2002 but the updated...

Is The Future Of Legal Advice Online?

Legal advice online is a dangerous thing. There are many people prepared to give their opinion of how a problem should be resolved and who is right or wrong. People can easily quote case law and statutes in blogs which are out of date or simply incorrect. If you rely...

Free Legal Advice From Solicitors

Free legal advice is sometimes provided by solicitors and barristers and is commonly referred to as “pro-bono” work. In a recent article in the Law Society Gazette, a leading barrister raised the issue of increased pressure on the legal profession to provide more...

Debts Don’t Die Because The Debtor Dies

Debts don’t die because the debtor dies. Clearly, it is important to handle the situation carefully and sensitively but you are entitled to pursue the debtor’s estate for the sum he owed you. You should not delay too long letting the estate know that the sum is...