Single people slashing spend to make ends meet

24th October 2023 Arrears and Recoveries | #spend

Singles are forced to spend around a third more on housing per person than their couple counterparts – despite living in cheaper accommodation. They also spend more per person on fixed costs like food and communications according to research by Hargreaves Lansdown. The research found that individuals have to cut costs wherever they can, so…

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Stress of working in finance causing burnout

24th October 2023 Consumer Lending |

Almost four-in-ten younger finance professionals in the UK (39%) have taken time off work for stress, along with 36% of their senior colleagues, according to a new report from AccountsIQ. The full extent of the problem with stress in the finance team is revealed in the 82% of younger professionals who said the job has…

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Supply chain pressures are top challenge for mid-sized businesses

Supply chain pressures are the top challenge facing mid-sized businesses in the lead up to winter, according to the latest research from accountancy and business advisory firm, BDO. In the regular survey of 500 mid-sized business leaders, almost a third (29%) were concerned that supply chain challenges, such as suppliers folding or stock shortages, could…

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Call for late payment commitment in Autumn Statement

The Federation of Small Businesses (FSB) has labelled the upcoming Autumn Statement a watershed moment for the Government to cement its commitment to the small business community and cultivate conditions that focus on business recovery. The call comes exactly one month before the Chancellor delivers his speech to set the economic agenda for the next…

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Third of people have made poor financial decisions in the past two years

The UK’s sustained cost of living crisis is eroding people’s confidence in managing their money, with a third (33%) feeling they have made poor financial decisions in the past two years, according to data from a recent report by AKG, sponsored by Standard Life. The research found that people are most likely to feel they…

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