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DVLA – Roundup Newswires https://roundupnewswires.com Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network Sat, 12 Aug 2023 13:23:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://roundupnewswires.com/wp-content/uploads/2020/06/cropped-Image-Roundup-Newswires-Site-Icon-R-By-Brian-Harrod-Illustrator-2020-06-07-06-23-14-32x32.png DVLA – Roundup Newswires https://roundupnewswires.com 32 32 Bailiffs making record profits collecting debt for councils in cost of living crisis https://www.theguardian.com/business/2023/aug/12/bailiffs-making-record-profits-collecting-debt-for-councils-in-cost-of-living-crisis Sat, 12 Aug 2023 13:23:37 +0000 https://www.theguardian.com/business/2023/aug/12/bailiffs-making-record-profits-collecting-debt-for-councils-in-cost-of-living-crisis Continue reading →]]> Charities call for an end to the outsourcing of public debt as firms’ turnover rises nearly 50% in a year

Bailiffs hired by councils to recover unpaid debts have seen their profits rise to record levels during the cost of living crisis, company filings show.

Newlyn Group, which is hired by councils to recover unpaid traffic fines and council tax, saw its turnover from debt collection increase by 43.8% to £25.8m in the year to December 2022, while its gross profit rose to £15.5m. Company documents describe the figures as Newlyn’s “best ever results”.

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