Credit, Collections & Insolvency News
The Online Collections Technology Think Tank 2.0 has confirmed its agenda and speaker line-up ahead of the event next Thursday (18th March). The second Collections Technology Think Tank has been created as an online event platform so that collections professionals can specifically discuss the role of the technology as we potentially emerge from the pandemic,…
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Caroline Wayman, Chief Ombudsman and Chief Executive of the Financial Ombudsman Service (FOS) has announced that she is stepping down from the role on 16 thApril, after 22 years in the service and nearly 7 years as Chief Executive. Announcing her departure to ombudsman service staff, Wayman said “After nearly seven years as chief ombudsman…
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The Ministry of Housing, Communities and Local Government (MHCLG) has announced that it is suspending bailiff-led rental evictions until 31st May. The temporary law requiring landlords to give tenants 6 months’ notice before they can evict has also been extended for the same period. The ban on commercial evictions has also been extended to 30th June.…
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The value of new mortgage agreements has reached a 13-year high after rising over 24% in Q4 according to new data from the Bank of England (BoE). The figures showed that more mortgages have been agreed for early 2021 than any time since the financial crisis Mortgage commitments (agreed for the coming months) were £87.7…
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A new report, released by The Money Charity has shown that Financial Education delivered using Active Learning Methods (ALMs), leads to big improvements in young people’s financial understanding. With the UK’s pupils returning to school this week, the charity is calling for more support in getting this vital subject the prominent and prioritised place on…
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