Credit, collections & insolvency news
Almost one-fifth of UK credit card users (19%) have missed a credit card repayment within the past six months due to the rising cost-of-living, according to new research by comparethemarket.com. The research is published as the Office for National...
Businesses reported a fall in confidence this month, declining 10 points to 28% according to the latest Lloyds Bank...
As the Monetary Policy Committee (MPC) meets to decide whether to impose a further rise in interest rates, the...
Despite the plethora of innovative new software on the market, nearly half (49%) of financial professionals are still using...
Remortgage sales hit 92,558 in Q4 2021, marking the highest level of activity since before the pandemic according to...
As the Monetary Policy Committee (MPC) meets to decide whether to impose a further rise in interest rates, the majority of Britons are already cutting back on their spending.W ith inflation at a 40-year high, the Bank of England’s...
Half (49%) of university students and graduates said that the prospect of student debt made them think twice about...
Almost one-fifth of UK credit card users (19%) have missed a credit card repayment within the past six months...
Suspending deductions from Universal Credit for Government debt would help plug the gap caused by the shortfall between the...
Remortgage sales hit 92,558 in Q4 2021, marking the highest level of activity since before the pandemic according to...
Businesses reported a fall in confidence this month, declining 10 points to 28% according to the latest Lloyds Bank Business Barometer. This is the lowest level since March 2021 when the economy emerged from the second Covid-19 wave. This...
More than one in five (22%) small and medium sized enterprises (SMEs) that needed external finance and/or capital over...
The June 2022 Directors’ Economic Confidence Index, which measures business leader optimism in prospects for the UK economy, fell...
Despite the plethora of innovative new software on the market, nearly half (49%) of financial professionals are still using...
Business outsourcing specialist Sigma Connected has been awarded a contract by business energy and water operator Yu Energy to...
Coventry Building Society has announced that it has appointed Richard Bowles as Chief Risk Officer. Bowles, who has around 20 years of experience in financial services, will join from TSB later this year, where he has been Interim Chief...
UK Finance’s latest fraud report has shown that a total of over £1.3 billion was stolen by criminals through...
The Payment Systems Regulator (PSR) has published its provisional decision on remedies for the card-acquiring market review, following its initial...
The Financial Ombudsman Service (FOS) received nearly 25,000 complaints about current accounts in the year to March, more than...
Up to 70 per cent of property firms surveyed for an anti-money laundering campaign have not changed their approach...
SIA Group announced the appointment of asset-based lending industry veteran Paul Beveridge as a Non-Executive Director. Beveridge brings more than three decades of experience to the role, latterly as Managing Director of PNC Business Credit. Under Beveridge’s leadership, PNC...
Two connected companies have been wound-up in court after they abused multiple local authorities to receive covid support loans...
Business recovery group Begbies Traynor has warned that the number of zombie companies is set to reach a record...
Shakespeare Martineau has announced that it has launched a new insolvency litigation service called ‘InSolvLit’. The new service will...
A bankrupt from North London has received 8 years of additional restrictions from the Insolvency Service after he applied...
The fifth Online Collections Technology Think Tank will feature a number of discussions to understand the best possible collection strategies in 2022.
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.