Credit, Collections & Insolvency News
Latest figures released by the Office for National Statistics (ONS) have shown that GDP rose by 0.3% in November after falling by 0.3% in October as the UK returned to growth. ONS Chief Economist Grant Fitzner said “The economy contracted a little over the three months to November, with widespread falls across manufacturing industries, which…
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New research by Hargreaves Lansdown has found that the financial resilience gap has widened as with the debt crisis impacting low earners. The debt position of the lowest fifth of earners has deteriorated since the onset of the pandemic, but improved for everyone else. Since the onset of the pandemic, there has been a rise…
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Eight in ten small business owners (81%) are planning to develop their companies in 2024 according to research from Novuna Business Finance. The research shows that over a third (33%) are focusing on new initiatives to increase income, whilst a fifth (20%) are looking to reduce their fixed costs. With around nine in ten small…
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