One in three households will struggle to afford Christmas

New YouGov polling commissioned by StepChange Debt Charity, which explores people’s finances and borrowing habits, reveals that one in four people will struggle to afford Christmas this year, rising to more than one in three (34%) households with children....

| Arrears and Recoveries

Families hit by £605 food bill increases in past two years

The average UK food bill has gone up by around £605 over the last two years, as climate and...

28th November 2023

Lords calls for Bank of England reform

The Economic Affairs Committee has published a new report which is calling for the operational independence of the Bank...

28th November 2023
innovation

Threat of recession has caused 50% of businesses to stop innovating

Half of UK C-suites (50%) say that the threat of economic disruption has meant innovation has ceased in their...

28th November 2023

Credit & Collections Technology Awards announces 2023 winners

The winners of the 2023 Credit & Collection Technology Awards winners have been announced following a live in-person event...

28th November 2023

Families hit by £605 food bill increases in past two years

The average UK food bill has gone up by around £605 over the last two years, as climate and energy costs continue to hit shoppers in their pocket, according to new research for the Energy and Climate Intelligence Unit...

| Customer Insight and Analytics

Parents gift children average £109 each at Christmas

New research by Halifax has found that over three-quarters of parents will give children money at Christmas with their...

28th November 2023

One in three households will struggle to afford Christmas

New YouGov polling commissioned by StepChange Debt Charity, which explores people’s finances and borrowing habits, reveals that one in...

28th November 2023

HMRC set to receive funding to recoup £5bn in unpaid tax debt

The Government is to provide £16.3 million into HM Revenue & Customs’ debt management team in a bid to...

27th November 2023

Household debt costs set to double

A run of 14 consecutive interest rate rises has brought worry and financial pain for mortgage holders according to...

27th November 2023

Threat of recession has caused 50% of businesses to stop innovating

Half of UK C-suites (50%) say that the threat of economic disruption has meant innovation has ceased in their business, according to new research from independent consultancy Magnetic. Just 22% disagree, with 28% undecided. This corroborates the 56% who say...

| Commercial Credit Management

Businesses call for energy contract changes

Small businesses are calling for Ofgem to alter energy regulation with changes which will enable access to energy contract...

27th November 2023

Autumn Statement provides welcome action on late payments – business industry reaction

Chancellor Jeremy Hunt has announced his Autumn Statement. The Chancellor began his speech by saying he had more than 100...

23rd November 2023

Businesses urge Chancellor to prioritise intervention in Autumn Statement

While many businesses are urging the Chancellor to avoid introducing sweeping changes at the Autumn Statement and instead prioritise...

22nd November 2023

Scotland predicted to avoid recession despite flat economic performance

EY ITEM Club analysis has predicted that Scotland will avoid recession despite it’s flat economic performance. The research found...

21st November 2023

Lords calls for Bank of England reform

The Economic Affairs Committee has published a new report which is calling for the operational independence of the Bank of England to be preserved. The report that reforms are vital to improve its performance; strengthen its accountability to Parliament;...

| Consumer Lending

Dudley Building Society appoints Chief Risk Officer

Dudley Building Society has announced it has appointed Andrew Turvey as its new Chief Risk Officer. Turvey has previously...

28th November 2023

Consumer confidence improves

New research from GfK has found that there were signs shoppers were feeling more confident in their spending. GKF’s...

24th November 2023

Three quarters of financial sector piloting generative AI

Nearly three-quarters (70 per cent) of financial services firms are in the pilot stage of testing the use of...

24th November 2023

Third of adults don’t think BNPL purchases can lead to debt

A third of people (31%) still don’t think that Buy Now Pay Later (BNPL) purchases can lead to debt,...

23rd November 2023

Record number of businesses close across the UK

The Office for National Statistics (ONS) has reported that a record number of businesses closed across the UK last year, surpassing the ‘birth rate’ of new businesses. The research found that 345,000 businesses shut their doors in 2022, the...

| Business

Pub insolvencies increase 66%

New figures reveal that the number of pub and bar insolvencies has risen 66% in the last year according...

22nd November 2023

Director of collapsed energy supplier hit with six-year ban

A former Director of Extra Energy Supply has been banned from running a business for six years. Mordechay Ben-Moshe, 48,...

17th November 2023

Business insolvencies increase by 18%

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales for...

15th November 2023

Scottish business insolvencies rise by 21%

Latest figures from Accountant in Bankruptcy (AiB) has shown that business insolvencies in Scotland increased. In October 2023 there...

15th November 2023


Tuesday 7th November 2023

Consumer Debt Conference (Utility Week)

The Birmingham Conference & Events Centre The 2023 Utility Week Consumer Vulnerability and Debt Conference will help the industry enhance their customer debt and vulnerability strategies in these constantly evolving times, to reflect on the last 12 months and prepare for winter 23/24, and to harness the power of consumer insight and engagement to identify and…

Thursday 9th November 2023
MALG - Money-advice-liaison-group

MALG Conference

Birmingham Repertory Theatre, 6 Centenary Sq, Birmingham Thursday 9th November The Money Advice Liaison Group (MALG) has been running an annual conference for the debt advice and wider sectors since 1987. The event will cover the following topics: Gen Z Money Management & Debt Adviser-Creditor Communication The Changing Approach to the Enforcement of Council Tax Inequality…

Thursday 23rd November 2023

2023 Credit & Collections Technology Think Tank, 23rd November, Manchester (followed by the 2023 Credit & Collections Technology Awards)

Credit Connect’s Credit & Collections Technology Think Tank is a new, innovative and unique event in the industry calendar.

Thursday 23rd November 2023

2023 Credit & Collections Technology Awards Ceremony, 23rd November, Manchester

The Credit & Collections Technology Awards is the flagship annual awards event for the lending, credit and collections sector.


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