Credit, Collections & Insolvency News
More than a quarter (26%) of business leaders say they have had difficulties accessing finance from main banks, whilst over a third (38%) say that banks don’t understand their business needs and two in five (41%) think banks’ lending policies haven’t kept pace with modern business needs according to new research by Sonovate. The research…
Read more
Economists believe the energy price cap announced by new Prime Minister Liz Truss as part of a rescue package significantly cuts the chances of Britain going into recession according to EY Item Club analysis. The EY ITEM Club now expects CPI inflation to peak below 11% in October, rather than the 15% peak which might…
Read more
Credit Connect’s hosted its fourth Online Lending Technology Think Tank last week which saw lending strategies and the future of the sector discussed by fourteen leading professionals from a variety of lending sectors. The event was attended by over a hundred lending professionals from banks, credit card providers building societies, loan providers, credit unions and…
Read more