Credit, Collections & Insolvency News
Hampshire Trust Bank (HTB) has announced that it has appointed Chris Daly as Managing Director (MD) of its Specialist Mortgages Division. Most recently, Daly served as head of origination and real estate finance at Secure Trust Bank, leading the formation and development of the Midlands and South origination team. Daly replaces Louisa Sedgwick, who remains…
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Consumers are planning to go into debt this Christmas, with parents and low-income families most at risk, according to SurveyMonkey research from Momentive. The research looked at how consumers were planning to shop this Christmas, and found that 77% of lower-income consumers (earning under £22,000 a year) are worried they won’t be able to purchase…
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Analysis from Freedom Finance found that more and more people in the UK are taking out loans from Credit Unions as the cost of borrowing reaches new highs. The latest data released by the Bank of England revealed that 1.94 million people in the UK were members of a Credit Union in the second quarter…
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More than a third of the UK’s hospitality sector is at risk of business failure in early 2023 due to the cost of doing business crisis, according to analysis of a new survey by UKHospitality, the British Beer and Pub Association (BBPA), the British Institute of Innkeeping (BII) and Hospitality Ulster. The organisations’ joint Q4…
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Freedom Finance has announced that it has integrated its platform with Experian’s Marketplace lender panel. The partnership will give customers immediate access to seven new brands, complementing its existing direct connections to lenders and paves the way for even further expansion for loans and credit cards. Adding to the existing 50+ lenders on the Freedom…
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