Second charge mortgage figures grew by 32% in October

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 32% in October 2024 Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle,...

| Consumer Lending

Identity fraud costing the UK an estimated £1.8bn every year

Identity fraud continues to grow and now costs the UK an estimated £1.8 billion each year. It is one...

10th December 2024

Call for Government to provide small firms with personal guarantee protection

The Federation of Small Businesses (FSB)  says that the Government should step in to provide small firms with personal...

10th December 2024

Consumer finance grew by 2% in October

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in October...

10th December 2024

Energy supplier pays out £1.65m over customer service failures

Energy company, Maxen Power has paid £1.65 million for customer service failures. Maxen Power supplies more than 10,000 non-domestic...

10th December 2024

Government announces legislation to introduce claimant data on register of judgements

The Ministry of Justice has announced its response to a Government consultation on the proposal to allow for the names of claimants of money judgments, in the County Court and High Court, to be published on the Register of...

| Arrears and Recoveries

CSA appoints New Learning and Development Director

Debt collection and purchase industry body, CSA Credit Services Association (CSA), has announced that is hasappointed Harvey Watson as...

8th December 2024

Three-quarters of families rely on credit to fund Christmas

A new survey by credit management company, Lowell has found that almost three-quarters (74%) of households rely on credit...

8th December 2024

Credit & Collections Technology Awards publishes 2024 review

Credit Connect has published its annual Credit & Collections Technology Awards review. The awards review highlights the unique transparency...

6th December 2024

14% of households won’t put on Christmas lights this year

New research from Go.Compare Energy has revealed that 14% of consumers won’t be putting up any Christmas lights this...

4th December 2024


Call for Government to provide small firms with personal guarantee protection

The Federation of Small Businesses (FSB)  says that the Government should step in to provide small firms with personal guarantee protection following from the Financial Conduct Authority (FCA)’s investigation into personal guarantees, Martin McTague, National Chair of the Federation...

| Alternative Business Lending

Asset finance grew by 4% in October 2024

New figures released by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing...

10th December 2024

Energy supplier pays out £1.65m over customer service failures

Energy company, Maxen Power has paid £1.65 million for customer service failures. Maxen Power supplies more than 10,000 non-domestic...

8th December 2024

Eight in ten small businesses plan growth in 2025

More than eight in ten (81%) UK small businesses are prioritising new initiatives to boost their overall growth prospects...

6th December 2024

OECD increases 2025 growth forecast 

The Organisation for Economic Co-operation and Development (OECD) expects the UK economy to grow at a slower pace this...

6th December 2024


Revolut appoints new board members

Revolut has announced it has appointed Fiona Fry and Peter Estlin as non-executive directors as it prepares to launch as a fully-fledged bank in the UK. Fry, a qualified chartered accountant, has built a career spanning more than 40...

| Appointments

Identity fraud costing the UK an estimated £1.8bn every year

Identity fraud continues to grow and now costs the UK an estimated £1.8 billion each year. It is one...

10th December 2024

Second charge mortgage figures grew by 32% in October

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew...

10th December 2024

Consumer car finance falls by 2%

New figures by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in...

10th December 2024

Consumer finance grew by 2% in October

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in October...

10th December 2024



Azets appoints Head of Debt Advisory

Aaccountancy and advisory firm Azets has signalled service-line growth with the promotion of Mark Barrie to Head of Debt Advisory. Barrie, previously Funding & Strategic Partnership Director, will be assisting business owners and managers with new funding lines, working...

| Appointments

One in ten restaurants face imminent risk of closure

More than one in ten (12%) restaurants are at imminent risk of closure as their financial position has worsened...

25th November 2024

Hospitality insolvencies rise by 5%

Insolvencies in the hospitality sector have increased year-on-year, according to analysis by RSM UK. The insolvency statistics show accommodation...

22nd November 2024

Business insolvencies fall by 10%

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales was 1,747...

20th November 2024

Scottish business insolvencies increase by 18%

Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies increased by 18% In October 2024, there...

20th November 2024




Thursday 13th March 2025

Online Collections Technology Think Tank 6.1, Thursday 13th March, 2025

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.

Thursday 22nd May 2025

Commercial Credit & Collections Conference, Thursday 22nd May, York

Commercial Credit & Collections Conference Thursday 22nd May York The return of the in-person Commercial Credit & Collections Conference series will continue on Thursday 22nd May at the Milner Hotel in York. The event was first launched in 2019 and has been a virtual event in recent years but it returned with an events in…

Thursday 22nd May 2025

2025 Credit & Collections Industry Awards – Thursday 22nd May 2025

Credit & Collections Industry Awards Thursday 15th May 2025, Leeds The second Credit & Collections Industry Awards will take place in Leeds in 2025. The 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 2024 event was held virtually…


Visit your Credit Connect News Hub