Mourners are struggling with the cost of funeral services according to new research by Royal London. The research shows that 9% of funeral arrangers struggled to meet the cost of the funeral, a decline from 12% in 2019. Of those, more than one in four (27%) took on debt, using a credit card, loan or…

Average spending on credit cards increased in August for the third consecutive month, up 6.9 percent to £639, and was only 4.8 percent lower than a year ago. For the period January-August 2020, sales were down 1.4 percent, compared to increasing 4.4 percent in the same period in 2019 according to new statistics from Fico.…

The government has announced that it will extend the Energy Price Cap until the end of next year. The Energy Price Cap extension until end of 2021 will protect around 11 million UK households from being overcharged. The Energy Price Cap shields those least likely to shop around for the best deals, including the elderly…

New research commissioned by MBH Corporation, a UK headquartered listed diversified investment holding company that acquires successful, strong-performing small to medium enterprises across multiple geographies and sectors has revealed that one in five SMEs still expect to make a profit in 2020, with 24% expecting to break even and the remainder believing they will either…

For the first time this year, small business confidence has held firm from one quarter to the next. The day after the Government announced its three-tier Covid restrictions, new research suggests the avoidance of a second national lockdown and certainty of direction until March has had a positive impact on UK small business confidence. The…

Second charge brokerage Loans Warehouse is predicting a 100% growth in second charge lending in the final quarter of 2020.  In February, prior to the COVID-19 pandemic, Second Charge lending stood at a total of £107 milliion. However, this figure had declined 81% by May to just £21 million.  Since then the market has recovered…

Invoice finance provider, Optimum Finance, has announced that fintech expert, Anthony Persse, has taken up the role of Chief Executive Officer (CEO), following the tragic death of its founder, Richard Pepler, earlier this year. Persse will fulfil Richard’s ambition for the company: to provide small and medium sized UK businesses (SMEs) with much-needed access to…

A new 5-day conference for the commercial credit sector has been launched by Credit Connect in partnership with Aon The Credit Solution Conference, a 5-day event will take place online between Monday 7th December and Friday 11th December. The event content will be hosted by Aon and the event will be facilitated by Credit Connect…