2009

The new year is the perfect time to spring clean your finances. Bacs, the organisation responsible for Direct Debit, is urging everyone to follow a few simple steps and take full control of their money, making this the year of financial empowerment.

Approximately 6.6 million adults across the country are in danger of facing problems paying bills on time as a result of the postal strike.

A range of new marketing materials, aimed to help local authorities increase their Direct Debit council tax payments, has been launched.

With over 500 registered delegates, a packed exhibition hall and a busy conference schedule, this year’s IRRV proved yet another invaluable opportunity to glean further insights into the local authority landscape in which we operate.

A million plus small and medium sized British businesses have now been hit by late payments – and collectively they’re owed a staggering £30.4 billion.

As the economic downturn continues to dig in its heels, leaving people across the UK feeling the pinch, Bacs research has indicated that as much as £230* a year can be saved by UK households who choose to pay by Direct Debit.

While the majority of Britain’s energy customers plan to stick with their existing energy supplier, one in four say they’re considering switching.

HMS Belfast, the historic British vessel that was a flag ship on D-Day, was the spectacular venue for six local authorities from across the UK to receive recognition for their success in the Direct Debit Challenge League.

Claims that regular charity donations have plummeted because of the economic downturn are misleading.

With the trend for switching suppliers continuing apace and consumers on the hunt for better financial deals in the current economic climate, utility companies need to be doing all they can to hang on to their customers.

Research announced by Bacs shows that even in this volatile financial climate 69% of people say they believe they have the best bank account for their needs

Companies running Direct Debit sign up campaigns can now boost the effectiveness of their marketing activity using a new online resource.

British small and medium size enterprises are now owed a massive £25.9 billion after overdue payments rocketed by almost 40 per cent over the last year according to the latest finding from Bacs

Bacs Payments Schemes Limited (Bacs) has revealed record processing figures for 2008, demonstrating that Direct Debit and Bacs Direct Credit remained two of the most popular ways of moving money around in the UK last year.