Two in five (40%) British adults are at least fairly worried about their current level of debt, while the same proportion (40%) say they sometimes or often struggle to make it to payday, according to research by insolvency and restructuring trade body R3. The figures, from the latest in the long-running R3/ComRes survey of over…

European debt purchaser leader in credit management services, Lowell, a has announced its full-year results (ending 31st December 2018). The results report says that this was another transformational year for Lowell, with focus on growth, diversification, innovation and our customers. The Group has seen strong growth across each of its key metrics: Cash EBITDA up…

Up to 7.9m households in the North West, South West and Midlands could see their water bills fall by as much as £70 before inflation by 2025, after Ofwat published draft decisions on plans put forward by United Utilities, South West Water and Severn Trent. Ofwat’s draft decisions for 2020 to 2025 would also mean…

A record net 2,481 stores disappeared from Great Britain’s top 500 high streets in 2018. In total, 3,372 shops opened, compared to 5,833 closures. (2017 net loss: -1,772 stores), according to PwC research compiled by the Local Data Company (LDC). The number of store openings by multiple retailers* on Great Britain’s top 500 high streets…

Debt recovery agency CCI Credit Management (CCICM) has announced that has been re-accredited with an Investors in People gold award. The award is for best practice in managing staff, performance, and its business,  assessors stated in their report that it is still seen as the ‘go-to company in debt collection’ since its first IIP recognition…