Risk of ‘two-tier society’ if Government does not act on cash acceptance
A new report by the Treasury Committee has found that the Government’s failure to act to tackle declining cash acceptance could lead to a two-tier society, with the most vulnerable bearing the cost. The Committee heard directly from vulnerable...
R3 appoints new President
Tom Russell, Licensed Insolvency Practitioner and Director at James Cowper Kreston, has been appointed President of R3, the insolvency...
FCA announces plans to launch live AI testing service
The Financial Conduct Authority (FCA) has announced that it is seeking views from firms about how its live AI...
Council Tax fraud rises with one in six claiming Single Person Discount
Fraud prevention service, Cifas is urging residents to consider consequences of Council Tax fraud when battling rising costs, as new...
Solaris Law completes purchase of Equivo Legal Services team
Solaris Law, part of the Azzurro Group, has announced that it has completed the purchase of the Equivo Legal...
Universal Credit change brings £420 boost to over a million households
The Government says that more than one million households struggling with debt will get to keep an average £420 more of their benefits each year, under a change to Universal Credit which starts today (Wednesday 30th April 2025). The...
Council Tax fraud rises with one in six claiming Single Person Discount
Fraud prevention service, Cifas is urging residents to consider consequences of Council Tax fraud when battling rising costs, as new...
Two in five consumers don’t understand inheritance rules
New research conducted on behalf of The Estate Registry found that out of 2,000 UK consumers questioned, 39% don’t...
Solaris Law completes purchase of Equivo Legal Services team
Solaris Law, part of the Azzurro Group, has announced that it has completed the purchase of the Equivo Legal...
Arrears on household bills in Scotland jumps 65%
Household bill arrears among StepChange Scotland clients have surged to an average of £5,193, according to the charity’s newly...
Risk of ‘two-tier society’ if Government does not act on cash acceptance
A new report by the Treasury Committee has found that the Government’s failure to act to tackle declining cash acceptance could lead to a two-tier society, with the most vulnerable bearing the cost. The Committee heard directly from vulnerable...
Director jailed after spending £200,000 in Covid loans
A director who secured maximum-value Covid loans for three dormant companies and overstated his turnover to secure a fourth...
Personal guarantee-backed business loans rise by 9%
Despite an uncertain economy, applications for personal guarantee-backed business loans rose by 9% year-on-year in the first quarter of...
Board level expertise blocking speed of AI adoption
New research from the Institute of Directors reveals business leaders enthusiasm for productivity gains from AI has been tempered...
Growth expectations downgraded
The EY ITEM Club has downgraded its GDP growth expectations for 2025 to 0.8%, down from the 1% predicted...
Financial services firm complaints fell last year
Latetst Financial Conduct Authority (FCA), complaints to financial services firms decreased by 4.3% in the second half of 2024, coming in at 1.78 million. The decline may reflect the positive effects of the FCA’s Consumer Duty, which mandates that...
FCA announces plans to launch live AI testing service
The Financial Conduct Authority (FCA) has announced that it is seeking views from firms about how its live AI...
FCA board appoints four new Non-Executive Directors
The Chancellor of the Exchequer Rachel Reeves has announced that Julia Black, Anita Kimber, John Ball and Stéphane Malrait...
Atom and Provenir agree AI decisioning partnership
Risk decisioning software specialist, Provenir has announced Atom Bank has selected the Provenir AI Decisioning Platform to streamline and...
Double digit customer growth pushes 32% increase in equity release lending
The Equity Release Council’s latest quarterly market report for Q1 2025 showed that the market had a strong start...
R3 appoints new President
Tom Russell, Licensed Insolvency Practitioner and Director at James Cowper Kreston, has been appointed President of R3, the insolvency and restructuring trade body. As President, Russell will work with R3’s CEO, senior management team and Council to help shape...
Construction insolvencies hit 12 month high
Latest data from the Insolvency Service has found that the construction industry experienced the highest number of insolvencies in...
Business insolvencies fall by 2%
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales...
Scottish business insolvencies increase by 3%
Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 3% in March...
Northern Irish business insolvencies increase whilst personal insolvencies fall
Latest monthly statistics from the Insolvency Service show that in March 2025, personal insolvencies declined while business insolvencies increased...
Commercial Credit & Collections Conference, Thursday 22nd May, York
Commercial Credit & Collections Conference Thursday 22nd May Milner Hotel, 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…
2025 Credit & Collections Industry Awards – Thursday 22nd May 2025
Credit & Collections Industry Awards Thursday 22nd May 2025, York The second Credit & Collections Industry Awards will take place in York on 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…
Commercial Working Capital Group 3.1
The fourth Commercial Working Capital Group date and venue will be confirmed soon… About: The third event of the year brought together key leaders in the commercial credit space to discuss the latest challenges faced by businesses. The Working Capital Group events seek to create an engaging environment with the aim of enabling all participants…