Credit, Collections & Insolvency News
Premium Credit research has found a surge in growth for the total amount it lends and number of customers it helps spread the cost of VAT, corporation tax and self-assessment tax payments. The number of customers using the Tax and VAT funding service has more than doubled in the past two years by 108% while…
Read more
Payment defaults dip 1% on average across UK across all industry sectors from May 2024 to May 2025 according to latest research by Atradius. Despite continued inflationary pressure, high operating costs, and global economic uncertainty, some sectors are showing strong signs of resilience. The most notable year-on-year declines in payment claims (May 2024–May 2025) were…
Read more
Fears about the future have become part of daily life for more than one in three (36%) young people across the UK, according to new research from Co-op and Barnardo’s. The survey. to over 2,000 people aged 10-25 found that just 30% said they believe they will achieve their dream job, while more than a quarter…
Read more
Tandem Bank has announced that it has appointed Neil Chandler as its new Chief Executive Officer (CEO), subject to regulatory approvals. Chandler brings a wealth of leadership, banking and tech experience to Tandem, spending more than 30 years in senior banking, eCommerce, retailer finance and technology roles. He most recently served as CEO of digital…
Read more
HelpHub, a new support platform, has officially launched to provide organisations with a low-cost way of providing free, easy-to-access help for their customers across the UK. The tool’s AI matches vulnerable customers to a set of tailored, free support recommendations from over 75,000 service options across the charity sector and local government. The platform also…
Read more