31st March 2025 - Credit Connect

Business confidence remains stable

31st March 2025 Commercial Credit Management | #business confidence

British business confidence remained stable at 49% in March, matching February’s six-month high, according to the Lloyds Bank Business Barometer. The data showed that retailers showed particularly strong confidence, aligning with recent data indicating a surprising rise in retail sales volumes in February. Retail confidence rose seven points to 58 per cent, a post-pandemic high,…

Energy price cap predicted to fall to £1,712

31st March 2025 Consumer Collections | #energy price cap drop

Ahead of the April Default Tariff Cap (price cap) rise, Cornwall Insight has released new forecasts for the July 2025 cap. The July cap is forecast to fall to £1,712 a year for a typical dual fuel consumer, slightly lower than our predictions in February. The fall would represent a 7% drop on April’s £1,849…

Nine million homes could be hit with £34m energy bill

31st March 2025 Arrears and Recoveries | #energy bills

Nine million households need to read their meter by 1st April to avoid the risk of overpaying on their energy bills by a collective £34 million, according to research by Uswitch.com, the comparison and switching service. To avoid the higher price cap, which comes into effect on 1st April, households on standard variable tariffs (SVTs)…

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Business confidence remains stable

Energy price cap predicted to fall to £1,712

Nine million homes could be hit with £34m energy bill

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