Credit, Collections & Insolvency News
Nine out of 14 UK sectors reported falling output in July – the highest number since January 2021according to the latest Lloyds Bank UK Sector Tracker. Transportation and the tourism and recreation sectors recorded the fastest falls in activity as consumers reined in discretionary spending. 13 out of 14 sectors reported lower input cost inflation…
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Directors of Scunthorpe headstone company have been disqualified as directors by the Insolvency Service. The husband and wife directors were disqualified after taking customers’ payments while knowing the business was insolvent. Paul Hubbard and Susan Hubbard have been disqualified as directors for eight and six years respectively, after taking deposits in excess of £30,000 from…
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The rising cost of living is driving a significant increase in credit card reliance according to new research by Money.co.uk. The research examined the spending habits consumers are using to cope with the increased cost of living. The research found that 1 in 4 (24.60%) Brits said that the cost of living is the main…
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Interpath Advisory has announced the appointment of a new Director to its growing Transaction Services team. Leonard Cripps joins Interpath with over nine years of experience specialising in buy-side and sell-side financial due diligence for private equity and corporate clients in the UK and the USA. He joins Interpath from Swedish investment firm Storskogen, where…
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