Government urged to phase out furlough gradually

18th February 2021 Consumer Collections |

Almost two million workers were unemployed or fully furloughed in January and had been for at least six months highlighting the scale of lasting damage to the UK’s labour force that will need to be addressed in the Budget, according to major new research published by the Resolution Foundation. The report titled Long Covid in…

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Chancellor urged to tackle rent debt crisis

18th February 2021 Consumer Collections |

A joint statement by The Big Issue Ride Out Recession Alliance, Crisis, Citizens Advice, Joseph Rowntree Foundation, Money Advice Trust, The Mortgage Works, National Residential Landlords Association, Nationwide Building Society, Propertymark, StepChange Debt Charity and Shelter has urged that the Chancellor takes action to tackle the rent debt crisis. The group says that at least…

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Six in ten consumers using universal mobile wallets 

18th February 2021 Consumer Collections |

New research from Experian has found that one in six (60%) of consumers are e continuing to embrace digital transactions by using universal mobile wallets. The research has found that more people become accustomed to the security and convenience of the digital channel, digital transactions including mobile wallet payments are continuing to increase.  The Global…

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TransUnion signs up to Race at Work Charter

18th February 2021 Consumer Collections |

TransUnion has announced that it has signed up to the Race at Work Charter and has also launched a Diversity and Inclusion Forum. The Race at Work Charter, created by Business in the Community (BITC) in partnership with the UK government in 2018 to improve outcomes for black, Asian and minority ethnic employees in the…

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Pandemic adds £173,000 to SMEs debts

18th February 2021 Commercial Credit Management |

New research from Sage, has highlighted the impact of the Covid-19 pandemic with the average SME business now burdened with £173,000 additional debt per year. Ahead of the UK’s 2021 Budget and Economic Recovery Plan, the research highlights the tough conditions that will be facing small and medium-sized businesses (SMEs) well into the second half…

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