27th August 2025 - Credit Connect

Energy price cap rises by 2%

27th August 2025 Consumer Collections | #energy bills rise

Gas and electricity prices will rise by 2% for millions of households under the latest cap announced by energy regulator Ofgem. The energy price cap will rise by £35 per year for a typical household from October. While the rise is small, it underscores the fact that energy costs remain stubbornly high. With energy debt…

Over 800 nightlife venues closed since 2020

27th August 2025 Commercial Credit Management | #night club closures

The Night Time Industries Association (NTIA) has reported that over 800 late-night venues have closed since 2020, marking a 26.4% decline in the sector leaving just 2,424 late night venues still operating. According to the research, compiled by the NTIA and CGA by NIQ, losses have stepped up over the past three months with three…

3.3m locked out of housing market since the financial crisis

27th August 2025 Consumer Lending | #housing

Since the financial crisis of 2008-9, 3.3 million prospective homeowners have missed out on the opportunity to own a home according to new research by leading Pepper Money. The research indicates that if pre-crash financial trends continued, then this would have enabled 3.3 million more households to geton the property ladder. The findings come in…

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Energy price cap rises by 2%

Over 800 nightlife venues closed since 2020

3.3m locked out of housing market since the financial crisis

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