Credit, Collections & Insolvency News
The Chancellor, Rachel Reeves, has delivered her Spring Statement outlining the Government’s economic plans. Responding to the announcement, Policy Chair of the Federation of Small Businesses (FSB), Tina McKenzie, said “Today’s growth figures are a stark reminder of the urgent need to get the economy moving. The whole of Government must now step up and…
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The Chancellor, Rachel Reeves, has delivered her Spring Statement outlining the Government’s economic plans. Responding to the announcement, David Postings, Chief Executive of UK Finance, said “The chancellor’s Spring Statement focused on stability and growth in the UK. We welcome the government’s continued commitment to growing the economy and the financial services sector is committed…
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One in five small businesses are turning to credit cards to manage cash flow, highlighting a growing trend among entrepreneurs facing unpredictable income and rising expenses. While credit cards can offer flexibility and short-term relief, relying on them without a strategy can quickly spiral into high-interest debt and financial strain. The British Business Bank found…
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Debt resolution specialist InDebted has announced that it has expanded into the United Arab Emirates (UAE). InDebted partners with high-growth fintechs such as Klarna to provide their customers with empathetic, personalised repayment solutions, addressing the demand for modern alternatives to traditional collections approaches. Josh Foreman, Founder & CEO of InDebted, said “InDebted’s expansion into the…
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A majority of consumers are not optimistic about the economy, according to a KPMG poll. Three in five people say that the UK economy is worsening, leading even consumers feeling financially secure to cut back on spending. The number of people feeling that the UK economy is worsening grew by fifteen percentage points in the…
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