18 million Brits dread the cost of Christmas

25th October 2016 Consumer Collections |

More than a quarter of Brits (28%) admit to dreading the cost of Christmas, according to Debt Advisory Centre. As the most expensive time of year approaches, 18 million people say that they dread Christmas due to the cost. Young people (aged 18-24), are the most likely to dread Christmas with more than 1 in 3…

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Winter energy bills worry for 35 million

25th October 2016 Consumer Collections |

Over half of the population of the UK, 35 million people, are worried about how they will pay for their heating this winter, according to new research commissioned by Debt Advisory Centre. As the temperatures drop, many households are keen to switch their heating on, but with the average annual gas bill reaching £714 some…

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Northern Ireland debt judgements decrease

25th October 2016 Consumer Collections |

The total number and value of debt judgments in Northern Ireland during the third quarter of the year fell to its lowest level since before the financial crisis, according to figures released today by Registry Trust. The value of debt judgments before courts in the north was £4.5 million in the three months to September…

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UK SMEs owed over £586 billion in outstanding invoices

25th October 2016 Commercial Credit Management |

British SMEs are owed more than £586billion in outstanding invoices, according to a Business in Britain report from Lloyds Bank Commercial Banking. The average small business is owed more than £108,000 in unpaid invoices, an increase of 8 per cent since the last Business in Britain report in January 2016, with almost a third of…

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CYBG confirms Williams & Glyn takeover talks

25th October 2016 Consumer Collections |

http://www.cityam.com/252276/challenger-bank-cybg-confirms-williams-glyn-takeover-talks

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