Credit, Collections & Insolvency News
More than three in four small business owners (77%) are prioritising new initiatives for 2020 to make their business stronger according to latest figures from Hitachi Capital Business Finance. With 2019 being characterised by market uncertainty and static growth forecasts it appears that small business leaders are starting the new year with a different set of…
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Water regulator, Ofwat has published its first report on water companies’ response to the new board leadership, transparency and governance principles. This is part of the regulator’s ongoing challenge for companies to act in the long-term interest of customers and the environment, and to demonstrate their commitment to the wider public interest they serve. The…
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With a fortnight to go until the UK is due to leave the European Union, the proportion of consumers who think their finances will improve after Brexit rose by 5 percentage points in the last quarter, from 6 per cent in August 2019 to 11 per cent of the population in the days following the…
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Business sentiment has surged to an all-time high, according to Deloitte’s latest CFO survey. The Q4 2019 survey, which took place immediately after the December UK general election, showed the largest increase in confidence in its 11-year history. The Deloitte CFO Survey gauges sentiment amongst the UK’s largest businesses. 119 CFOs participated in the latest…
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UK cardholders spent £51 billion on debit cards in October 2019, up two per cent on the same month the previous year, according to UK Finance’s latest Card Spending Update. There were 1.6 billion transactions on debit cards in October 2019, 9.3 per cent more than in October 2018. This reflected a total spend of…
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