Credit, Collections & Insolvency News
Analysis by Shelter and HSBC has shown that 52% of people paying housing costs are starting the new year worried about housing or financial pressures. The research also found that 67% of people with housing costs have experienced housing pressures over the past year. Of those experiencing housing pressures, 57% said they have lost sleep…
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Business confidence among finance chiefs has reached a two-year low with Chief Financial Officers (CFOs) expecting to make cost cutting measures in 2025 according to research by Deloitte. The data shows that business optimism fell to a two-year low in the fourth quarter with 26% of CFOs reporting that they feel more pessimistic about the…
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The Government has announced new proposals to introduce an Open Banking-style data sharing scheme in the energy sector. The scheme aims to give consumers could get greater control over their energy usage and save money on their bills under plans for an energy smart data scheme. Smart data is the process of securely sharing customers’ data, such…
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Leonard Curtis has unveiled new roles for two key members of its leadership team. David Brown, who joined the business in July 2023 as Chief Operations and Financial Officer, becomes Chief Operating Officer (COO), while Paul Birks, who has been Group Financial Director since September 2022, will be promoted to Chief Financial Officer (CFO). Brown…
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Patricia Hamzahee OBE, an advisor, investor, philanthropist and specialist in access to funding for diverse businesses and social enterprises, has joined the board of Responsible Finance. Hamzahee was awarded an OBE in the recent New Year Honours list for services to philanthropy, to the arts and to impact investment. After a long career in banking…
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The Credit & Collections Industry Awards are open for entries into this year’s awards. The awards programme was launched in 2024 recognising excellence within credit and collections by highlighting achievements through its tangible and transparent awards judging scheme. The awards will recognise key industry innovations and initiatives in credit, lending and collections. The Credit &…
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PKF Littlejohn Advisory has announced it has appointed Paul Williams as a new Partner to further strengthen the firm’s UK-wide restructuring and insolvency capabilities. Williams has more than 30 years experience across corporate restructuring, recovery and advisory and has built a reputation as a trusted advisor to a wide range of senior lenders. High-profile assignments…
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The Federation of Small Businesses (FSB) has urged the UK’s key regulators to help deliver economic growth. The FSB has written to the Financial Conduct Authority, Finance Reporting Council, Ofgem, Ofwat, Ofcom, Competition and Markets Authority and Information Commissioner’s Office. This follows requests from the Prime Minister, the Chancellor of the Exchequer and the Business…
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