Credit, Collections & Insolvency News
A new Public Accounts Committee (PAC) report has warned that bill payers remain exposed to another energy crisis while facing ‘worryingly high’ energy debts and some of the highest electricity costs in the world. The public accounts committee (PAC) said that the Government has more to do to convince Parliament of the security of UK…
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New research by Shawbrook has found that only four in ten (40%) feel that SMEs are a high priority to the current Government. The data also showed that 42% of SMEs in the UK feel the incoming NIC hikes are going to negatively impact them. A third (33%) said that the Autumn budget last year…
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Yorkshire-based debt management provider, Lantern, has partnered with StepChange to support Debt Awareness Week (DAW) after research from the debt charity found the cost-of-living crisis continues to exacerbate consumers’ financial situations. DAW is StepChange’s annual flagship consumer campaign, which began this week and will run until Sunday, 30th March. The campaign comes after StepChange supported over…
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The combination of a weak economic outlook and benefit cuts that fall disproportionately on lower-income families means that living standards are on track to fall over the next five years for the poorest half of households by £500 on average, according to the Resolution Foundation’s overnight analysis of Spring Statement 2025. Key findings include: A…
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StepChange Debt Charity has revealed its new five-year organisational strategy. The strategy reflects a year of working with stakeholders and service users to define a clear theory of change and identify how best to progress the charity’s vision of a society free from problem debt. Notable changes over the coming five years include a shift…
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