Credit, Collections & Insolvency News
Latest Barclays property insight data has shown that rent and mortgage spending increased 5.2 per cent year-on-year in April, down slightly from 5.4 per cent in March, as many lenders reduced mortgage rates. Confidence in household finances remained consistent month-on-month at 70 per cent, while many UK homeowners are taking prudent steps to decrease their…
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The latest Business Trends report from BDO, the business advisory and accountancy firm, reveals UK employment has reached a new 12-year low as businesses grapple with rising labour costs and global uncertainty. This drop in the BDO Employment Index signals further cooling of the UK jobs market, with vacancies continuing to decline in Q1 and falling below…
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The Insolvency Service announced that it has appointed Alec Pybus as Interim Chief Executive Officer. Earlier in the year, Dean Beale announced that he would leave his role, having been Chief Executive Officer of the Insolvency Service since 2019. In February 2025, he announced that he would be moving to the Centre for Public Interest…
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Debt charity, StepChange has announced that it is making a significant strategic investment in its new Growth and Innovation team, with the aim of ensuring the charity remains at the forefront of service development and partnerships working in a rapidly changing landscape. Leading this new phase of growth are three senior appointments with Lee Usher joins…
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Latest figures from Hargreaves Lansdown has found that households have an average of £196 left at the end of the month. The data showed that among those households on the lowest fifth of incomes, this falls to £3, and for the second lowest it’s £34. Younger people have less left at the end of the…
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