28th June 2022 - Credit Connect

Telecoms industry agrees to cost of living support plan

28th June 2022 Arrears and Recoveries | #telecoms

The UK’s biggest mobile and broadband companies have agreed on a plan to help customers struggling to pay bills amid the cost of living crisis. The Telecoms industry agreed to the new plan following a government summit led by Digital Secretary Nadine Dorries. The new measures such as allowing customers struggling with bills to move…

Consumers urged to ditch worthless warranties to save money

28th June 2022 Consumer Collections |

Extended warranties from some of the biggest online tech stores are not worth the extra cost, according to consumer support specialist Which? Which? surveyed 2,000 UK consumers and found one in five bought a retailer’s extended warranty for a tech or appliance product in the past two years. However, half of those who made a…

Inflation expected to push economy into recession

28th June 2022 Commercial Credit Management | #economy

KPMG’s latest UK Economic Outlook report predicts GDP growth will more than halve to 3.2% this year, from 7.4% in 2021, and fall to 0.7% in 2023. KPMG warned that the invasion of Ukraine and renewed lockdowns in China put upward pressure on commodity prices and keep supply chains under strain, UK GDP growth is…

Bounce Back Loan fraudster jailed for two years

28th June 2022 Commercial Credit Management | #fraud

A Director of Manchester pizza takeaway has been jailed for two years after he fraudulently claimed £20,000 Bounce Back Loan funds. Abdulrazag Zagroba appeared at Manchester Crown Court and was sentenced to 24 months before Recorder Hudson. The case was the first successful criminal prosecution of a bounce bank loan fraudster for the Insolvency Service,…

Eight in ten consumers say cost of living has impacted holiday planning

28th June 2022 Consumer Collections |

Nearly eight in ten consumers (79%) say that the rising cost of living has impacted their holiday planning, according to new research conducted by comparethemarket.com. Almost a third (28%) are booking fewer holidays, more than a quarter (27%) are booking cheaper accommodation, and a quarter (26%) are booking cheaper destinations to cope with rising prices. 70%…

Skipton Building Society appoints new CEO

28th June 2022 Appointments |

Skipton Building Society has announced that it has appointed Stuart Haire as its new Chief Executive Officer (CEO). Haire previously was the Group General Manager and Chief Executive of HSBC’s UK personal and private banking businesses. Haire has worked at HSBC for six years, having spent nearly a decade prior to that in senior roles at…

Complete Communication Solutions to rebrand as Saascoms

28th June 2022 Company News |

Complete Communication Solutions (CCS) has announced that it has rebranded as Saascoms. The customer communications solutions provider says that the rebrand reflects the evolution of not only the business but also the consumer communication landscape. The company says that Saascoms was originally formed when it recognised an opportunity for focused consumer communications, utilising and redeveloping…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.