2nd August 2023 - Credit Connect

Over 60% of businesses stuck in a tax dispute lasting more than a year

2nd August 2023 Commercial Credit Management | #business tax

Three in five businesses (61%) say they are currently involved in a tax dispute with HMRC which has lasted more than one year, according to a new survey from accountancy and business advisory firm BDO. The new figures, which come from a BDO survey of more than 500 mid-sized businesses, underline the difficulty that many…

Businesses warned to stay alert despite annual insolvency figures decrease

2nd August 2023 Business |

Recent figures from the ONS have revealed a 15% drop in insolvencies in the last 12 months, with reports falling from 99,300 to 84,080. Whilst these statistics reflect positivity, the report also points to an ongoing decline of business startups, with Q2 of 2023 being the eighth consecutive quarter where business births have been lower…

FCA’s makes Markets Practitioner Panel appointments

2nd August 2023 Appointments |

The Financial Conduct Authority (FCA) has appointed Clare Woodman as Chair of the FCA Markets Practitioner Panel, Matt Hammerstein as Chair of the FCA Practitioner Panel, and Mandy Gradden as Chair of the Listing Authority Advisory Panel. Welcoming the appointments, FCA Chair Ashley Alder said”Clare, Matt, and Mandy bring with them a deep wealth of…

Number of households missing essential payments is back to winter levels

2nd August 2023 Arrears and Recoveries | #arrears #household debt

The number of households missing essential payments has risen to 2.4 million, in line with the high levels seen last winter according to analysis by Which? Which’s July consumer insight tracker found that 2.4 million households missed or defaulted on an essential payment – such as a housing, bill, loan or credit card payment –…

CCW announces Chief Executive departure

2nd August 2023 Appointments |

Consumer Council for Water (CCW) has announced that Chief Executive Emma Clancy will step down form her role at the end of September to take up the position of CEO at Salix Finance. Salix has appointed Clancy to lead its organisation in the next stage of its development championing the delivery of energy efficient public…

TransUnion announces Leeds Pride partnership

2nd August 2023 Company News |

TransUnion has announced that it partnered with Leeds Pride as a premium sponsor, aligned to the company’s ongoing commitment to promoting diversity, equity, inclusion and belonging. Colleagues from TransUnion will be joining the parade through Leeds City Centre on 6 August, covering a 1.8 mile route. The team will also be participating in a fundraiser,…

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