2nd October 2024 - Credit Connect

Money Wellness makes two External Relations appointments

2nd October 2024 Appointments |

Money Wellness has strengthened its external relations department with two key appointments. Adam Rolfe has joined as Public Affairs Officer to help inform and support the new government as they develop and change policies that impact the individuals and families supported by Money Wellness. Rolfe will be supporting policymakers by providing real time data and…

7.7m households suffering from fuel stress

2nd October 2024 Arrears and Recoveries | #energy debt

7.7 million households in England are at risk of fuel stress this winter, including the majority of families with children. The Government will therefore need to do more to support vulnerable households who are no longer eligible for Winter Fuel Payments (WFP) and those who never have been, according to new research published by the…

Business confidence dips

2nd October 2024 Commercial Credit Management | #business confidence

British business confidence experienced a slight decline in September, falling by 3 percentage points to +47%, its lowest for three months according to the latest survey from Lloyds Bank. Confidence dipped to a three-month low in September. Business confidence remained higher than the long-term average of 29%. The dip followed a period of sustained positivity…

One in ten not confident on mortgage repayments

2nd October 2024 Arrears and Recoveries | #mortgage payments

According to Compare the Market’s latest Household Financial Confidence Tracker, over one in ten (13%) admit they are not confident in their ability to meet their mortgage repayments over the coming months. 57% of mortgage holders say they are unlikely to switch their mortgage to a new deal while rates remain at current levels. By contrast,…

Home insurance rises by a third

2nd October 2024 Consumer Lending | #home insurance

Latest data from Go.Compare has shown that the cost of home insurance has continued to rise, with the average price of combined home insurance now £241, nearly a third higher than it was this time last year. Go.Compare’s latest Home Insurance Index shows that the cost of insuring a home increased by 8% in Q2…

Together appoints Chief Financial Officer

2nd October 2024 Appointments |

Specialist lender Together has announced that it has promoted Chris Adams to the role of Chief Financial Officer, joining the Group’s Board of Directors [with immediate effect. Initially joining Together as Head of Financial Reporting in 2017, Adams’ seven-year career with the ambitiously growing specialist lender has seen him promoted through the ranks to Group…

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