Credit, Collections & Insolvency News
Research by Aqua has found that almost one in three people get their financial advice from TV programmes. The research also revealed that nearly one-third of people (30%) say that financial mistakes have caused increased stress, and that 41% of people feel negatively about their financial situation. With a challenging financial backdrop in the UK,…
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The Resolution Foundation is calling on the Government to change its child poverty strategy. In a new report, the Foundation has warned that the roll-out of £3 billion of previously announced benefit cuts will contribute to an increase in child poverty rates from a projected 31 per cent at the start of the Parliament (2024-25),…
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A Bristol-based debt recovery company which collected debts for businesses and individuals but failed to forward on all the money has been shut down. Encore Capital Group Inc Ltd, which traded as Encore Debt Recovery, cold-called businesses and individuals offering to recover commercial and consumer debts in return for an up-front fee or a percentage…
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