Call for personal debt sector reforms

6th November 2024 Consumer Collections | #personal debt

Consumer debt advice organisation MoneyPlus is calling for further reforms in the personal debt advice sector. Chris Davis, Chief Executive Officer at MoneyPlus, said “The country has now been in a cost-of-living crisis for more than two years and those who are struggling with debt need some reassurances that when the pressure is really on and…

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Retail data shows that Budget uncertainty restricted spending

6th November 2024 Commercial Credit Management |

Data from the British Retail Consortium and KPMG shows that retailers experienced a disappointing October, with sales rising only 0.6% against a growth of 2.6% in October 2023. This was below the 3-month average growth of 1.3% and the 12-month average growth of 1.0%. Helen Dickinson OBE, Chief Executive of the British Retail Consortium, said…

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J.C. Flowers acquires Pepper Advantage

6th November 2024 Company News | #acquisition

Credit management firm, Pepper Advantage has announced that its owner Pepper Global has entered into an agreement to sell the business to private investment firm J.C. Flowers & Co subject to regulatory approvals and customary closing conditions. The transaction is expected to be completed in the first quarter of 2025, pending regulatory approvals and other…

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