Card spending increased by 0.7% in October
Data from Barclays shows that spending on cards rose by 0.7% in October, marking a slowdown from the 1.1% rise recorded in September. Overall Retail spending grew 0.7% in October 2024, a slight fall compared to the year-on-year growth seen in...
Retail data shows that Budget uncertainty restricted spending
Data from the British Retail Consortium and KPMG shows that retailers experienced a disappointing October, with sales rising only...
J.C. Flowers acquires Pepper Advantage
Credit management firm, Pepper Advantage has announced that its owner Pepper Global has entered into an agreement to sell...
Profit warnings issued by listed companies hits two-year high
Profit warnings from UK-listed companies reached a two-year high between July and September according to EY-Parthenon’s latest Profit Warnings...
One in four people wouldn’t talk to anyone if they had money worries
New research by Hargreaves Lansdown has found that one in four people (26%) said they wouldn’t talk to anyone...
Call for personal debt sector reforms
Consumer debt advice organisation MoneyPlus is calling for further reforms in the personal debt advice sector. Chris Davis, Chief Executive Officer at MoneyPlus, said “The country has now been in a cost-of-living crisis for more than two years and those...
Money Advice Trust appoints two new Directors
Debt advice charity, the Money Advice Trust, has announced that it has made two new appointments to its senior...
One in four people wouldn’t talk to anyone if they had money worries
New research by Hargreaves Lansdown has found that one in four people (26%) said they wouldn’t talk to anyone...
Autumn Budget delivers short-term living standards pain
The first Labour Budget in nearly 15 years marked a decisive shift from the planned cuts set out by...
Wbg acquires Scottish personal insolvency book from Azets
Accountancy firm, Wbg has announced that it has acquired the Scottish personal insolvency ‘book’ of accountants and business advisors...
Retail data shows that Budget uncertainty restricted spending
Data from the British Retail Consortium and KPMG shows that retailers experienced a disappointing October, with sales rising only 0.6% against a growth of 2.6% in October 2023. This was below the 3-month average growth of 1.3% and the...
Profit warnings issued by listed companies hits two-year high
Profit warnings from UK-listed companies reached a two-year high between July and September according to EY-Parthenon’s latest Profit Warnings...
Fraudster sentenced to over six years after stealing over £950,000
A man has been sentenced at Manchester Crown Court to 6 years and 9 months in custody for defrauding...
Two-thirds of business leaders react negatively to Budget
A poll of over 700 Institute of Directors (IoD) members following the Chancellor’s Budget Statement has found that two-thirds...
Ten-year ban for Director who promoted tax avoidance scheme
A Director who promoted a tax avoidance scheme which deprived HM Revenue and Customs (HMRC) of more than £2.5...
J.C. Flowers acquires Pepper Advantage
Credit management firm, Pepper Advantage has announced that its owner Pepper Global has entered into an agreement to sell the business to private investment firm J.C. Flowers & Co subject to regulatory approvals and customary closing conditions. The transaction...
Government announces University tuition fee increase
The Government has announced that it plans to increase the cap on tuition fees for England-domiciled undergraduate students from...
Card spending increased by 0.7% in October
Data from Barclays shows that spending on cards rose by 0.7% in October, marking a slowdown from the 1.1%...
Barclays completes £600m Tesco Bank deal
Barclays has announced thatit hassuccessfully completed its £600m acquisition of Tesco Bank following high court approval. The acquired business...
New Day acquires Argos store card portfolio
Sainsbury’s has announced that it has sold its Argos Financial Services (Home Retail Group Card Service) cards portfolio to...
Official Receivers hits 140th year of service
The Office of the Official Receiver is 140 years old this year, marking a history that has evolved from administering personal bankruptcies to overseeing major company liquidations and securing Bankruptcy Restrictions against people who pose a threat to the...
Begbies Traynor appoints Insolvency Director
Professional services firm Begbies Traynor has appointed insolvency specialist Kevin Mapstone as a Director based at its Edinburgh office....
UK fashion manufacturers insolvencies rise by 23%
Insolvencies of UK fashion manufacturers have risen 23% in the past year, with 106 companies going under in the...
Scottish business insolvencies rise by 10.6%
Business insolvency levels rose by 10.6% year-on-year in Scotland in Quarter 2 according to new statistics from Accountant in...
Leonard Curtis acquires Newsource Commercial Finance
Leonard Curtis has announced it has acquired Newsource Commercial Finance (NCF) is a broker in the commercial property sector....
2024 Credit & Collections Technology Think Tank, 7th November, Manchester (followed by the 2024 Credit & Collections Technology Awards)
Credit Connect’s Credit & Collections Technology Think Tank is a new, innovative and unique event in the industry calendar.
Commercial Credit & Collections Conference, Thursday 7th November, Midland Hotel, Manchester
Commercial Credit & Collections Conference Thursday 7th November Midland Hotel, Manchester The return of the in-person Commercial Credit & Collections Conference series will continue on Thursday 7th November at the Midland Hotel in Manchester. The event was first launched in 2019 and has been a virtual event in recent years but returned with an event…
2024 Credit & Collections Technology Awards Ceremony, 7th November, Manchester
The Credit & Collections Technology Awards is the flagship annual awards event for the lending, credit and collections sector.
Online Collections Technology Think Tank 6.1
The tenth virtual Online CollectionsTechnology Think Tank will feature a number of discussions to understand the best possible collection strategies amidst high cost of living expenses to households.
