Credit, Collections & Insolvency News
The HM Treasury has announced the reappointment of Nikhil Rathi as Chief Executive of the Financial Conduct Authority (FCA) for a second term. Since Nikhil joined in October 2020, the FCA has undertaken reforms to strengthen the UK’s position in wholesale markets, including the biggest changes to the listing regime in over three decades. The…
Read more
Companies House has announced the launch of a new service that allows individuals to verify their identity through an Authorised Corporate Service Provider (ACSP). The introduction of identity verification is one of the key changes to UK company law under the Economic Crime and Corporate Transparency Act 2023. This landmark legislation gave Companies House new…
Read more
The number of companies in the UK filing for administration remained steady during Q1 2025 according to analysis by Interpath. Interpath expects that insolvencies to rise sharply as businesses grapple with the impact of new US tariffs on their organisations and the wider economy. Analysis of Companies House data by the international advisory firm shows…
Read more
Nationwide has become the first building society to receive the ‘Advanced’ rating of the Mental Health Accessible accreditation from the Money and Mental Health Policy Institute. This is the second of three, progressively more demanding levels of accreditation an organisation can achieve through the scheme (the first is ‘Essentials’ and the third is ‘Leading the…
Read more