CICM barometer: third consecutive fall for overall economic confidence

14th October 2016 Commercial Credit Management |

Confidence in the UK’s economy has fallen again, being driven primarily by a steady decline in manufacturing, according to preliminary results from the Chartered Institute of Credit Management’s (CICM) latest quarterly barometer.  Early indications from Q3 of the Credit Managers’ Index (CMI) show a third consecutive quarterly fall in the index’s headline figure, representing a worrying trend. The…

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GBG appoint new CEO

14th October 2016 Consumer Collections |

GBG have announced the appointment of Chris Clark as its new Chief Executive Officer, replacing Richard Law who is retiring from the Board after 14 years as CEO. It is anticipated that Chris will join GBG on 1 April 2017. Chris Clark is a highly experienced, successful and well-regarded business leader who, since early 2012, has gained…

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Over 9 million people to pay for Christmas on a credit card

14th October 2016 Consumer Collections |

According to the Centre for Retail Research, over 9 million people will pay for Christmas on a credit card. 70% of people admit they haven’t started saving for Christmas, meaning millions of others will have to play catch up with their finances in the short run up to Christmas. The research also found that the average household…

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