Credit, collections & insolvency news
The number of companies in ‘critical financial distress’ has increased by 37% in the past year, insolvency specialists Begbies Traynor has warned. The latest Begbies Traynor Red Flag Alert report has revealed the financial strain continuing to be faced...
The latest Bank of England figure has revealed that quoted household interest rates on credit cards rose significantly in...
New research by the Post Office indicates that people are turning back to cash to help them keep tighter...
New data from specialist lender Hodge has found the average age of its 50+ mortgage customer has dropped by...
Around 1 million children with key worker parents are living below the breadline, new research by the TUC has...
New research by the Post Office indicates that people are turning back to cash to help them keep tighter control on their spending as living costs soar. Latest figures show that Post Offices handled £801 million in personal cash...
Around 1 million children with key worker parents are living below the breadline, new research by the TUC has...
Nearly six million households are struggling to afford essential telecoms services according to a new analysis by Which?, as...
End-to-end collections and recovery specialist C&R Software has announced a partnership with Elanev to provide propensity scores. Elanev scores...
New figures released by the Finance & Leasing Association (FLA) have indicated that second-charge mortgage new business volumes grew...
The number of companies in ‘critical financial distress’ has increased by 37% in the past year, insolvency specialists Begbies Traynor has warned. The latest Begbies Traynor Red Flag Alert report has revealed the financial strain continuing to be faced...
Digital provider Atom bank has announced that it has committed to the Lending Standards Board’s (LSB) practice for business...
The knock-on impact of soaring energy prices is being felt strongly by the UK construction sector as businesses face delays...
HMRC is to revise late payment interest rates after the Bank of England increased its base rate to 1.75%....
Digital SME lender and savings bank, Recognise Bank has appointed Jean Murphy as Chief Executive Officer (CEO). Murphy brings...
The latest Bank of England figure has revealed that quoted household interest rates on credit cards rose significantly in July and are now at their highest level in nearly two and a half decades. New analysis from Freedom Finance...
New data from specialist lender Hodge has found the average age of its 50+ mortgage customer has dropped by...
A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will...
The Financial Conduct Authority (FCA) has appointed Ruairi O’Connell, OBE, as the new Director of International. O’Connell will join...
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell...
Five individuals have separately been made subject to bankruptcy restrictions totalling 48 years as the Insolvency Service continues to identify and tackle abuse of the Bounce Back Loan scheme. In each of the five separate cases, the Bounce Back...
In July the following administration notices have been issued and advertised in the London Gazette for the following companies:...
Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies...
In July Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies:...
Latest quarterly figures from the Insolvency Service for England & Wales showed that there were 5,629 business insolvencies registered...
The fourth virtual Online Collections Technology Think Tank will feature a number of discussions to understand the best possible lending strategies. For more event information click here Click here to register
Credit Connect’s Credit & Collections Technology Think Tank is a new, innovative and unique event in the industry calendar.
The Credit & Collections Technology Awards is the flagship annual awards event for the lending, credit and collections sector.
As inflation swells, wholesale energy prices quadruple and the world battles climate change, an unprecedented war and the fallout from the pandemic, Britain finds itself entering a cost of living crisis and era of uncertainty never seen before. This toxic cocktail is taking its toll on consumer finances and challenging utility companies to think differently…