Standing charges to be excluded from energy tariffs under new Ofgem plans
Energy regulator Ofgem has laid out plans to make firms offer tariffs without standing charges from next winter. The new plans also outline better support for households struggling with debt. The regulator will consult on introducing an option under the price...
Self employed face mounting financial challenges
UK Debt Expert has warned that self-employed people and small business owners are facing mounting financial challenges as debt...
Supreme court grants lender appeals in motor finance cases
Car finance lenders have been granted permission by the Supreme Court to appeal a landmark ruling on motor finance...
One in four people will struggle to afford Christmas this year
New YouGov polling by StepChange Debt Charity has revealed that more than one in four people (28%), equivalent to...
Surge in number of older people living in water poverty
Almost one million pensioner households in England and Wales could be living in water poverty by 2029/30 if the...
Standing charges to be excluded from energy tariffs under new Ofgem plans
Energy regulator Ofgem has laid out plans to make firms offer tariffs without standing charges from next winter. The new plans also outline better support for households struggling with debt. The regulator will consult on introducing an option under the price...
One in four people will struggle to afford Christmas this year
New YouGov polling by StepChange Debt Charity has revealed that more than one in four people (28%), equivalent to...
Surge in number of older people living in water poverty
Almost one million pensioner households in England and Wales could be living in water poverty by 2029/30 if the...
Mortgage arrears increases by 18%
Latest mortgage lending data from the Bank of England and FCA shows that the value of outstanding mortgage balances...
Energy price cap reforms could see bills rise in April
New forecasts from Cornwall Insight have seen price cap predictions rise to £1,762 a year for a typical dual...
Self employed face mounting financial challenges
UK Debt Expert has warned that self-employed people and small business owners are facing mounting financial challenges as debt levels rise and expensive winter months approach. The recent Autumn Statement introduced changes that may add strain to small business...
Director disqualified over Bounce Back Loan abuse
A decorator has been banned and ordered to pay more than £100,000 in compensation after obtaining three Covid loans....
Business confidence hits two year low
UK business confidence has reached its lowest point in nearly two years, according to the latest Business Trends Report...
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...
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...
Supreme court grants lender appeals in motor finance cases
Car finance lenders have been granted permission by the Supreme Court to appeal a landmark ruling on motor finance commission payments that has left firms fearing a potential £30 billion compensation bill. The Court of Appeal ruled in October...
Inflation predicted to rise
Hargreaves Lansdown has predicted that inflation is likely to rise slightly when figures are released next week. Inflation is...
2.6m people don’t drive as they can’t afford insurance cost
New research by Citizens Advice has revealed that 2.6 million people don’t drive because they’re unable to afford the...
Close Brothers Motor Finance makes two key appointments
Close Brothers Motor Finance (CBMF) has announced two senior appointments. Clare Bradley, formerly Director of Sales Optimisation (Retail), has...
Aryza Partners and TransUnion agree credit and debt management partnership
Aryza Group has announced a partnership with TransUnion. The partnership will leverage the strengths of both companies to offer...
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...
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...
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...
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...
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...
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.
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…
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…