Credit, Collections & Insolvency News
New figures from the Registry Trust have revealed that the number of judgments registered in Republic of Ireland decreased in Q2 2022 as compared to the same period last year. However, the value of debt has seen an increase year-on-year. The total number of judgments fell from 431 in Q2 2021 to 321 in Q2…
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Businesses reported a fall in confidence this month, declining three points to 25%, according to the latest Lloyds Bank Business Barometer. The research puts confidence below the long-term average (28%) for the first time since March 2021 when the economy emerged from the second Covid19 wave. Despite the more challenging outlook, businesses’ assessment of their…
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Latest figures fromcomparethemarket.com’s Household Financial Confidence Tracker, has found that nearly half (46%) of households with children at home, the equivalent of 3.8 million families, struggled to pay their bills over the last month, reflecting the worsening conditions for millions of families across the UK as the cost-of-living crisis deepens. Financial anxiety is highest amongst…
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New research from Aviva suggests there is a growing tendency among older consumers to use the wealth held in their property to help younger generations become first time buyers. The research found that homeowners, particularly those who are mortgage-free, are planning to use investments, as well as their property, to help other family members move…
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Worrying signs show a rapidly escalating reliance from UK households on credit and debt, in order to make ends meet in the face of record cost of living increases, according to the July 2022 Money Statistics, produced by The Money Charity. Major increases continue to be seen this month in credit card use, as people…
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Bestowing a name on something is one of the most challenging – and perhaps seemingly frivolous – stages of any project: whether that’s naming a new business or yes, creating a set of standards for the financial services sector. When the Contingent Reimbursement Model Code (the CRM Code) for Authorised Push Payment (APP) scams was…
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Latest figures from the Registry Trust has shown a significant increase in the number and value of monetary judgments (including CCJs) registered against consumers and business in England & Wales compared to the same period last year. The total number of monetary judgments registered in England & Wales rose from 207,976 in Q2 2021 to…
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New figures from the Registry Trust have revealed that the number of decrees and the value of debt registered in Scotland have seen an increase in Q2 2022 as compared to the same period last year. The total number of decrees increased from 4,356 in Q2 2021 to 5,351 in Q2 2022, an increase of…
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New figures from the Registry Trust have revealed that the number of judgments registered in Northern Ireland saw the number of judgments and the value of debt increase in Q2 2022 when compared to the same period last year. The number of judgments rose from 823 in Q2 2021 to 1,113 in Q2 2022, an…
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