7th August 2023 - Credit Connect

Monetary Policy Committee will struggle to justify more than one rate rise

7th August 2023 Consumer Lending | #mpc rate rise

Reassuring economic developments in most leading indicators of inflation mean that the Monetary Policy Committee (MPC) will struggle to justify more than one more rate rise according to EY ITEM Club. The MPC’s continued concerns about the ‘second-round’ effects of strong pay growth feeding through to high inflation, plus potential internal worries around criticisms of…

Consumers predicted to spend 28% more on travel

7th August 2023 Consumer Collections |

Consumer travel spend priorities’ research from Outpayce has revealed that demand for travel is expected to remain robust over the coming 12 months – despite continuing economic uncertainty. International travel was once again ranked by consumers as the highest discretionary spend priority from a basket of six categories. All spend categories edged up compared to…

Government launches review of the personal insolvency framework

7th August 2023 Consumer Collections | #personal insolvency regulation

The Government has published a summary of responses to a call for evidence to inform its review of the personal insolvency framework in England and Wales. The responses cover a review of the underlying purpose of the personal insolvency framework and where the balance should fall between providing debtors with a fresh start and providing…

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Monetary Policy Committee will struggle to justify more than one rate rise

Consumers predicted to spend 28% more on travel

Government launches review of the personal insolvency framework

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