Almost one in two over 55s face £400 rise in mortgage payments

Almost one in two homeowners aged 55 or over will pay an additional £400 a month on their mortgage after their current fixed rate deal expires according to research by Key Later Life Finance. A total of 47% of...

| Consumer Lending

Inflation falls to lowest level in nearly 3 years – consumer credit industry reaction

The Office for National Statistics (ONS) has published its latest Consumer Prices Index, which shows that the rate of...

22nd May 2024

Inflation falls to 2.3% – business industry reaction

Latest ONS data has found that inflation came in at 2.3% in April, lower than the 3.2% reported in...

22nd May 2024

More than £1 billion stolen through fraud in 2023

Criminals stole £1.17 billion through unauthorised and authorised fraud in 2023, a four per cent decrease compared to 2022...

22nd May 2024

Education Select Committee announces financial education proposals

The Education Select Committee is set to propose that financial education should be introduced in primary schools as part...

22nd May 2024

Inflation falls to lowest level in nearly 3 years – consumer credit industry reaction

The Office for National Statistics (ONS) has published its latest Consumer Prices Index, which shows that the rate of inflation fell to 2.3 percent in the 12 months to April 2024, down from 3.2 per cent in March.    ...

| Consumer Collections

Education Select Committee announces financial education proposals

The Education Select Committee is set to propose that financial education should be introduced in primary schools as part...

22nd May 2024

Young people put high risk investments ahead of debt repayments

New research by Hargreaves Lansdown has found that young people have put high-risk investments ahead of debt repayments. Hargreaves...

21st May 2024

Outstanding balances on credit cards continue to increase

UK Finance has published its latest card spending data which has found that outstanding balances on credit card accounts...

21st May 2024

Personal insolvencies numbers increase by 9.9%

Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvency figures increased by...

20th May 2024


Inflation falls to 2.3% – business industry reaction

Latest ONS data has found that inflation came in at 2.3% in April, lower than the 3.2% reported in March. The rate is at its lowest in two and a half years, and down from the peak at 11.1%...

Optimum Finance appoints Relationship Manager

Invoice Finance specialist, Optimum Finance, has announced it has appointed Jessica Okonoboh as its latest Relationship Manager. Okonoboh joins...

22nd May 2024

Three in ten small businesses receive financial support from family members

New data from Iwoca has shown that three in every ten (29%) small business owners in the UK have...

21st May 2024

Time Finance and Novo agree digital enhancement partnership

Asset finance solutions provider, Time Finance has announced the launch of its new ID&V (Identity Verification) technology in partnership...

20th May 2024

Two-thirds of women SME leaders believe banks are less prepared to lend

Research from independent SME funder Bibby Financial Services (BFS) has found that women business leaders are facing gender inequality...

16th May 2024


More than £1 billion stolen through fraud in 2023

Criminals stole £1.17 billion through unauthorised and authorised fraud in 2023, a four per cent decrease compared to 2022 according to UK Finance’s annual fraud report. Losses due to unauthorised transactions across payment cards, remote banking and cheques were...

| Consumer Lending

Over 3.5m remortgaged their homes last year

New analysis commissioned by the Liberal Democrats has revealed that over 3.5 million households in England and Wales remortgaged...

22nd May 2024

Almost one in two over 55s face £400 rise in mortgage payments

Almost one in two homeowners aged 55 or over will pay an additional £400 a month on their mortgage...

22nd May 2024

Anti-Money Laundering spend expected to grow by 170% in the next four years

A new study by Juniper Research has found that the global spend on AML (Anti-money Laundering) systems from non-financial...

21st May 2024

Pawnbrokers see 13% increase in loans

New figures obtained by Mazars from the Financial Conduct Authority show the value of loans made by UK pawnbrokers has increased...

21st May 2024



Business insolvencies increase by 18%

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales in April 2024, increased by 18.4%  than in March 2024 (1,838) and 5.4% higher than the same month in the previous...

| Business

Scottish Business insolvencies fall 4%

Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell by 4% in April...

20th May 2024

Northern Irish business insolvencies triple whilst personal insolvencies remain stable

Latest monthly statistics from the Insolvency Service have shown that business insolvencies increased three-fold, whilst personal insolvencies remained stable...

20th May 2024

Construction insolvencies continue to rise

Latest analysis of insolvency statistics by the RSM UK has found that the construction industry experienced the highest number...

20th May 2024

FRP acquires commercial finance and risk management specialist, Hilton-Baird Group

Specialist business advisory firm, FRP Advisory, has acquired the Hilton-Baird Group. The Hilton-Baird Group is based in Southampton and...

13th May 2024




Thursday 23rd May 2024

Commercial Working Capital Group 2.1

The third Commercial Working Capital Group will take place on Thursday 23rd May at the PKF’s office in Canary Wharf, London About: The third event of the year will seek to bring together key leaders in the commercial credit space to discuss the latest challenges faced by businesses. The Working Capital Group events seek to…

Thursday 27th June 2024

Online Collections Technology Think Tank 5.2

The seventh virtual Online Collections Technology Think Tank will feature a number of discussions to understand the best possible collection strategies amidst high cost of living expenses to households.

Thursday 4th July 2024

Commercial Credit & Collections Conference, Thursday 4th July, Leeds

Commercial Credit & Collections Conference Thursday 4th July Met Hotel, Leeds The return of the in-person Commercial Credit & Collections Conference series will take place on Thursday 4th July at the Met Hotel in Leeds. The event was first launched in 2019 and has been a virtual event in recent years. The Commercial Credit &…

Thursday 4th July 2024

2024 Credit & Collections Industry Awards – Thursday 4th July

Credit & Collections Industry Awards Thursday 4th July Met Hotel, Leeds The Credit & Collections Industry Awards has been launched to highlight the success of companies and individuals who lead the way in enhancing credit, lending and collections best practices. The first year of these awards will celebrate the best in credit, lending and collections initiatives.…


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