Credit, Collections & Insolvency News
The growing gap between the ‘haves and have-nots’ is growing according to a report by the Centre for Social Justice (CSJ). The analysis that that the UK is in danger of sliding back into the ‘Two Nations; of the Victorian era marked by a widening gulf between mainstream society and a depressed and poverty-stricken underclass,…
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More people could access financial advice or support under new proposals published by the Financial Conduct Authority (FCA. The proposals suggest a new form of simplified advice that makes it easier for firms to provide affordable personal recommendations to clients with smaller sums to invest. The FCA and Government are seeking views, as part of…
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Around half of first-time buyers in their 20s receive financial help to buy their home, with large consequences for their subsequent wealth accumulation according to research by the Institute for Fiscal Studies (IFS). Those getting financial help receive an average of £25,000, making up almost half of their deposit. These wealth transfers help many of…
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Arum has announced the appointment of Reuben Gates as its new Director of Sales & Marketing. Gates will lead Arum’s continued growth across multiple territories, including Europe, US, Australia, New Zealand and South Africa. He has spent the past two decades working in financial services and software and is a specialist within collections and recoveries.…
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New research by the British Retail Consortium (BRC) has found that cash use has grown for the first time in ten years as shoppers keep a close eye on their budgets while prices rise, retailers have said. The research found that 19% of purchases were made with money last year with retail sales rising 4.3%…
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