Credit, Collections & Insolvency News
Latest data from Nationwide’s Spending Report shows that £7.6 billion was spent overall in June, an increase of 3% compared to the previous year, meanwhile, transactions were up 5%. The amount spent in June reached £4.2 billion down one per cent compared to the previous year, while the volume of transactions (c.121m) was up two…
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Retail sales recovered last month as warm weather finally arrived in the UK according to industry data from the British Retail Consortium. The data showed that total retail sales increased by 0.5% year on year in July, with people buying summer clothes and health and beauty products. However, spending on furniture and household appliances weakened…
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Debt purchase and resolution firm Perch Group has announced it has appointed Michelle Hutchinson into the newly created role of Head of Customer Experience & First Line Control. Hutchinson brings 17 years’ experience in debt purchase and collections across a wide range of areas including most recently as FCA-certified Customer Journey Manager specialising in vulnerable…
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More than 1.3 million households in the UK are no longer paying council tax, resulting in local authorities failing to collect a record £6bn annually, according to a report by the Centre for Social Justice (CSJ) think tank. The report highlights that council tax debt has doubled in the past six years, with the debt…
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