Credit, Collections & Insolvency News
Pensioners have turned to their property wealth to pay for rising living costs and experts have warned rising costs and higher taxes will force even more people into using equity release this year according to the Equity Release Council’s Spring 2022 market report. British property wealth reached a record £5.2 trillion by the end of…
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A study by energy analysts Cornwall Insight shows that SMEs have already seen average gas bills climb more than 250% between the first three months of 2021 and Q1 2022. Analysts looked at delivered gas prices businesses pay on a 1-year acquisition fixed tariff, calculating how much they may pay in future if energy prices…
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The number of English households in ‘fuel stress’ will double from 2.5 to 5 million as a result of the price cap rising from today (Friday), with another 2.5 million households at risk in October if the price cap rises again to £2,500, according to new Resolution Foundation research. The research shows that low-income households…
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New research, by card issuing platform Marqeta, has indicated that nearly eight in ten (79%) were denied a loan say outdated affordability criteria was a key factor. The data from a survey of European consumers on their attitudes and experiences of lending shows that many consumers still feel frozen out of the lending bubble, held…
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Court Enforcement Services has announced that Jodie Martinelli-Oliver has been promoted to Director of Business Services. In this newly created role, Martinelli-Oliver will have a wide and varied remit to help to drive forward the business which is rapidly expanding. Daron Robinson, Managing Director at Court Enforcement Services said: “I am delighted to promote Jodie…
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