18th July 2023 - Credit Connect

CFOs focus on cost reduction and cash control

18th July 2023 Commercial Credit Management | #cash control #CFOs

Deloitte’s quarterly survey of Chief Financial Officers (CFOs) has shown that tighter monetary policy is considered the main threat to British businesses, with concerns over inflation and interest rates pushing ahead of fears about geopolitical issues and energy prices. Confidence among the finance leaders of the UK’s largest firms has dipped in the second quarter,…

Call for joined-up mental health and debt support

18th July 2023 Consumer Collections | #money and mental health

New research from Money and Mental Health Policy has highlighted the urgent need for more joined-up mental health and debt support during the cost of living crisis. The report shows that people who have had mental health problems in the past two years are three times more likely to be behind on at least one…

Interest rate surge delivers biggest wealth fall since World War II

18th July 2023 Arrears and Recoveries | #interest rates

Rising interest rates have caused household wealth across Britain to fall by £2.1 trillion over the past year, but there are winners – concentrated among younger generations – as well as losers if higher rates are sustained, according to major new analysis by the Resolution Foundation and abrdn Financial Fairness Trust. The report notes that…

FCA measures to clamp down on social media promotions

18th July 2023 Consumer Lending | #FCA social media promotions

The Financial Conduct Authority (FCA) is to target those using social media to promote financial products or services, amid concern over firms selling crypto schemes and financial products via misleading adverts. The regulator is set to issue guidance to modernise the information firms should use when promoting financial products or services online. This comes as…

INSOLVENCY NOTICES: Appointment of Administrators – June 2023

18th July 2023 Business | #Appointment of Administrators

In June the following administration notices have been issued and advertised in the London Gazette for the following companies: 1957 CAPITAL LTD 1957 HOLDINGS LTD ACORN COUNTRY CAPITAL LTD ACP LEISURE LTD ADASTRA ACCESS LTD AGE CHECK CERTIFICATION SERVICES LTD ALL IN BLACK LTD ALW GROUP (UK) LTD ASPIRE-IGEN GROUP LTD ASSET REMARKETING SERVICES LTD…

INSOLVENCY NOTICES: Winding Up Petitions – June 2023

18th July 2023 Business | #Winding Up Petitions (Companies)

In June Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 20190221 LTD 234567 LTD 24 HRS STEEL LTD 84 WEST LTD 99 HIPPOS LTD A J DAVIES & SONS LTD A.L. MEDICAL LTD ABELIAN DESIGN LTD ABERYSTWYTH MARINA LTD ABPN CONSTRUCTION LTD ACEPOINT SOLUTIONS LTD ACIUS…

LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – June 2023

18th July 2023 Insolvency | #Creditors Voluntary Winding-Up – Appointment of Liquidators

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in June: 2EM SERVICES LTD 381 IT SOLUTIONS LTD 3J TECH TEST LTD 73 MEDIA LTD A & A WINDOWS DIRECT LTD A & M CIVILS LTD A & N CORPORATION LTD A D CONSULTANCY LTD…

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