Credit, Collections & Insolvency News
Birmingham’s residents are set to be hit hardest by rising council tax rates for 2025/26, new research by Go.Compare Home Insurance has found. Households across the city will pay an extra £43.1 million this tax year – the largest overall increase of any local authority in England.[ The country can expect a total council tax…
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A consumer confidence survey by Deloitte has shown that consumer confidence remained flat in the first quarter (Q1) of 2025. The data showed a marginal 0.3 percentage point increase, this marks a second consecutive quarter of stalled confidence following a two-year period of improvement. A seasonal boost in sentiment towards general health and wellbeing (+3.8…
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The Government has announced that it is investing £121 million in quantum technology to tackle crime, fraud, and money laundering. The technology will be used to tackle the first signs of fraud and halting money laundering which could save billions for the economy. The funding is being made available over the next year to expand…
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The Financial Conduct Authority (FCA) has highlighted that banks and building societies can improve how they treat customers affected by bereavement or registering a power of attorney. Since the introduction of the Consumer Duty, some firms are making a real difference with clear policies and procedures and actively using data to better identify needs and…
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