23rd May 2022 - Credit Connect

Low-income families face cost of living crisis without pandemic government support

23rd May 2022 Consumer Collections | #cost of living

Families faced with uncertainties about how they can make ends meet with soaring living costs are not getting the kind of backup from the government that helped them survive the pandemic, a study has found. The research, from the Centre for Research in Social Policy (CRSP) at Loughborough University, funded by Joseph Rowntree Foundation, has followed a group…

Work and Pensions Committee calls for ideas to support the benefits system

23rd May 2022 Consumer Collections |

The Work and Pensions Committee has pressed the Prime Minister on his pledge to consider raising the level of Universal Credit and other benefits to help people cope with the rapidly rising cost of living, with MPs also inviting submissions on how the Government could offer additional support. The letter to Boris Johnson and calls for evidence are part of…

Cost of living gap between rich and poor hits record levels

23rd May 2022 Arrears and Recoveries | #cost of living

The cost of living gap between rich and poor household is at its highest level since records began in mid-2000s according to the Resolution Foundation. The Foundation’s research found that the gap in the inflation experienced by the richest and poorest tenth of households grew to 1.5 percentage points in April – the largest gap…

BVRLA appoint new Chair

23rd May 2022 Appointments | #appointments

The British Vehicle Rental and Leasing Association (BVRLA) has announced that it has appointed Jon Lawes as the new Chair of the association Lawes will take over from Nina Bell, who oversaw an extended, three-year tenure due to the impact of the Covid-19 pandemic. Lawes was the Managing Director of Novuna Vehicle Solutions (a trading…

Aberdein Considine merges with Russel+Aitken Edinburgh

23rd May 2022 Arrears and Recoveries |

Aberdein Considine has announced that it is to merge with Edinburgh law firm and solicitor estate agent Russel+Aitken Edinburgh LLP. The combined businesses which will trade under the Aberdein Considine brand, will together employ over 480 staff and have a turnover of more than £32 million. Russel+Aitken Edinburgh LLP, which is based in the West…

Nationwide first financial provider to partner with ReachOut

23rd May 2022 Company News |

Nationwide has become the first bank or building society to offer ReachOut – a free service for the Society’s members to provide support, reassurance and confidence to those impacted by financial hardship. Britain’s biggest building society is building on the ways it can help its members who are struggling financially to get back on track.…

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