Credit, Collections & Insolvency News
Economic uncertainty means that judging credit risk is more complex than ever for insurers according to research by TransUnion. The company’s research shows that nearly half (48%) of UK households have recently experienced a change to income. Most commonly, this was due to being furloughed (14%), experiencing a reduction in salary (11%), losing a job…
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The Federation of Small Businesses (FSB) quarterly Small Business Index (SBI) has highlighted that debt, rising costs, skills shortages and international trade disruption are all causes for concern amongst SME firms. Whilst half of small business owners (50%) predict that their business performance will improve in the next three months, one in three (32%) expect…
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A coalition of consumer groups, charities and financial services industry bodies, including Which? UK Finance, Martin Lewis and MoneySavingExpert, the Personal Investment Management and Financial Advice Association (PIMFA), the Investment Association, the Association of British Insurers and the Money and Mental Health Policy Institute, among many others have renewed its call for the Government to…
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OakNorth Bank has announced the appointment of Carolyn Schuetz as a Non-Executive Director. Schuetz has over 30 years of global financial services experience with a track record of delivering large-scale transformational change and creating new ventures. Early in her career, she started and scaled her own business, Cypress Knowledge, a corporate consultancy advising senior executives…
Read moreA new digital platform has been launched by Exizent to help accountants that manage probate cases to streamline inefficient and costly processes with easier estate management and case administration. The platform connects data, services and the network of people involved when someone passes away. It enables users to capture all estate information in easy to…
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