Credit, Collections & Insolvency News
New research by HSBC has found that boosting mental health is a key driver for adopting good saving habits, with one in three (31%) people in the UK confirming that they are less stressed when they are saving regularly. HSBC says that consumers will be using the ‘Twixmas’ period to lean into saving habits and…
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New research by the Resolution Foundation has found that youth home ownership rates have risen since the mid-2010s trough to leave younger millennials with greater home ownership rates at age 25 than older millennials had at that age. But with middle- and higher-income households gaining the most in recent years, the property divide between rich…
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Leney Advice Liaison Group (MALG) has announced that it has appointed Emma Lovell to its board. Lovell took up the role of Chief Executive Officer at the Lending Standards Board (LSB) in April 2020, prior to which she was CEO of R3, the UK trade association for insolvency and restructuring professionals. Her past roles include…
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New research from R3 shows that in November, the number of overdue invoices in Northern Ireland fell to a 2024 low. The restructuring body’s analysis of data provided by Creditsafe shows that businesses in Northern Ireland had 62,544 unpaid invoices on their books last month – the lowest monthly total in 2024. Overdue invoices in…
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The Credit Connect News team will take a Christmas break from Monday (23rd December). We want to take this opportunity to thank you for reading our website and weekly newsletters, in addition, we would like to thank all of our clients and partners for their support in 2024. Over the Christmas holidays, you may want…
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