Number of companies in critical distress increases by 37%

The number of companies in ‘critical financial distress’ has increased by 37% in the past year, insolvency specialists Begbies Traynor has warned. The latest Begbies Traynor Red Flag Alert report has revealed the financial strain continuing to be faced...

paying interest on credit cards

Credit card rates hit highest level since 1998

The latest Bank of England figure has revealed that quoted household interest rates on credit cards rose significantly in...

9th August 2022

People turn to cash as prices rise

New research by the Post Office indicates that people are turning back to cash to help them keep tighter...

9th August 2022

Average age of mortgage customers has dropped significantly in past five years

New data from specialist lender Hodge has found the average age of its 50+ mortgage customer has dropped by...

9th August 2022

Two-fifths of children in key worker households are living below the breadline

Around 1 million children with key worker parents are living below the breadline, new research by the TUC has...

9th August 2022

People turn to cash as prices rise

New research by the Post Office indicates that people are turning back to cash to help them keep tighter control on their spending as living costs soar. Latest figures show that Post Offices handled £801 million in personal cash...

| Arrears and Recoveries

Two-fifths of children in key worker households are living below the breadline

Around 1 million children with key worker parents are living below the breadline, new research by the TUC has...

8th August 2022

Nearly six million households struggling to afford telecoms and broadband bills

Nearly six million households are struggling to afford essential telecoms services according to a new analysis by Which?, as...

8th August 2022

C&R Software and Elanev agree customer score partnership

End-to-end collections and recovery specialist C&R Software has announced a partnership with Elanev to provide propensity scores. Elanev scores...

8th August 2022

Second charge mortgage new business volumes grew by 24% in June 2022

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

5th August 2022

Number of companies in critical distress increases by 37%

The number of companies in ‘critical financial distress’ has increased by 37% in the past year, insolvency specialists Begbies Traynor has warned. The latest Begbies Traynor Red Flag Alert report has revealed the financial strain continuing to be faced...

Atom commit to LSB business standards

Digital provider Atom bank has announced that it has committed to the Lending Standards Board’s (LSB) practice for business...

9th August 2022

Energy prices and delays to new work causing significant concerns for construction sector

The knock-on impact of soaring energy prices is being felt strongly by the UK construction sector as businesses face delays...

8th August 2022

HMRC revises late payment interest rates after base rate increase

HMRC is to revise late payment interest rates after the Bank of England increased its base rate to 1.75%....

8th August 2022

Recognise Bank appoints new CEO

Digital SME lender and savings bank, Recognise Bank has appointed Jean Murphy as Chief Executive Officer (CEO).  Murphy brings...

8th August 2022

Credit card rates hit highest level since 1998

The latest Bank of England figure has revealed that quoted household interest rates on credit cards rose significantly in July and are now at their highest level in nearly two and a half decades. New analysis from Freedom Finance...

| Consumer Lending

Average age of mortgage customers has dropped significantly in past five years

New data from specialist lender Hodge has found the average age of its 50+ mortgage customer has dropped by...

9th August 2022

BNPL predicted to reach over 900m users globally by 2027

A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will...

8th August 2022

FCA appoints new Director of International

The Financial Conduct Authority (FCA) has appointed Ruairi O’Connell, OBE, as the new Director of International. O’Connell will join...

8th August 2022

Consumer car finance new business falls 12%

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

5th August 2022

Bankruptcy restrictions issued to five individuals for Bounce Back Loan abuse

Five individuals have separately been made subject to bankruptcy restrictions totalling 48 years as the Insolvency Service continues to identify and tackle abuse of the Bounce Back Loan scheme. In each of the five separate cases, the Bounce Back...

| Insolvency

INSOLVENCY NOTICES: Appointment of Administrators – July 2022

In July the following administration notices have been issued and advertised in the London Gazette for the following companies:...

4th August 2022

LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – July 2022

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies...

4th August 2022

INSOLVENCY NOTICES: Winding Up Petitions – July 2022

In July Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies:...

4th August 2022

Business insolvencies jump 81% to the highest rate since 2009

Latest quarterly figures from the Insolvency Service for England & Wales showed that there were 5,629 business insolvencies registered...

3rd August 2022


Tuesday 6th September 2022
Lending Technology - Think-tank

Online Lending Technology Think Tank 2.2

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

Thursday 17th November 2022
Credit-and-Collections-Technology---Think-Tank

2022 Credit & Collections Technology Think Tank, Midland Hotel, Manchester (followed by the 2022 Credit & Collections Technology Awards)

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

Thursday 17th November 2022

2022 Credit & Collections Technology Awards Ceremony, Midland Hotel, Manchester

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

Tuesday 13th September 2022

Consumer Vulnerability & Debt Conference

As inflation swells, wholesale energy prices quadruple and the world battles climate change, an unprecedented war and the fallout from the pandemic, Britain finds itself entering a cost of living crisis and era of uncertainty never seen before. This toxic cocktail is taking its toll on consumer finances and challenging utility companies to think differently…


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