9th May 2023 - Credit Connect

Eight in ten tenants feel trapped in the rental cycle

9th May 2023 Consumer Lending | #mortgages #renting

Eight in ten tenants feel ‘trapped’ in the rental cycle – as ONS figures show house prices for first time buyers have risen by an average of 18 per cent in the last two years, an increase of £39,680. A study of 2,000 adults who live in a rental property found 86 per cent dream…

Money is the cause of quarrels for three out of 10 couples

9th May 2023 Consumer Collections |

Money is the number one cause of quarrels for three out of 10 couples in the UK, according to a new survey by Starling Bank wth couples aged 45-54 having the most disagreements (39%), along with parents (37%). The research, which questioned 4,000 over 16s in the UK, found that couples who share finances have…

Payment Systems Regulator appoints new General Counsel and Chief Operating Officer

9th May 2023 Appointments |

The Payment Systems Regulator (PSR) has made announced that it has made two key appointments to its executive team appointing Alex Olive as General Counsel, and Natalie Golding as Chief Operating Officer. As General Counsel, Olive will be responsible for leading the PSR’s team of expert lawyers and for providing legal advice and managing legal…

Over half of small businesses have unpaid invoices from 2022 outstanding

9th May 2023 Commercial Collections and Recoveries | #business debt #feature #later payment

A new survey by NerdWallet has found that over half (55%) of businesses still have outstanding invoices from the last tax year (2022/23). Business debt seems to be getting worse with time, as just under half (46%) of SMEs were left with more unpaid invoices at the end of the 2022/23 tax year than the…

Quantuma appoints Managing Director

9th May 2023 Appointments |

Cross-border advisory firm Quantuma has announced it has appointed Chartered Accountant and Restructuring Advisory professional Alistair Dickson as Managing Director in its Glasgow office. Dickson joins Quantuma from a regional accounting firm where he was a Director and Head of Scotland. He has over 30 years of professional experience in the Restructuring sector and has held several…

Half of farmers financially struggling

9th May 2023 Commercial Collections and Recoveries |

New research ReFarm Fund has found that farmers are struggling with financial viability, taking a personal toll on their physical and mental health. The research showed that 53% were confident about their finances, but 47% said their farm’s finances were average or in a poor state. Some 38% say they have considered getting out of farming…

Energy bills may force 93,000 small businesses to close

9th May 2023 Business Utilities | #business energy bills

The Federation of Small Businesses (FSB) is urging energy suppliers to allow small firms locked into fixed tariffs from last year to renegotiate contracts to better reflect the significantly lower wholesale energy prices. The call comes a month after massive cuts to government support on energy bills for businesses. Since 1 April 2023, the Energy…

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.