19th September 2025 - Credit Connect

DCB Legal appoints MD

19th September 2025 Appointments |

DCB Legal has announced that it has appointed Eddie Harrison as its new Managing Director (MD) to lead the business into a new era of expansion. Harrison brings more than 20 years of experience across debt recovery, litigation, and financial services. Harrison most recently oversaw the build of debt collection processes for Revolut UK, managing the…

Two million households won’t turn on their central heating this winter

19th September 2025 Consumer Collections | #energy

More than two million households say they won’t turn on their heating this winter, an increase of a fifth (22%) compared with last year, according to new research from Uswitch. People who live alone are most likely to take drastic action, with one in ten solitary dwellers (10%) avoiding using the heating altogether. While households…

Former Director General of Institute of Directors banned over Covid loan abuse

19th September 2025 Commercial Credit Management | #fraud

A former Director General of the Institute of Directors, who was nominated for a prestigious businesswoman of the year award has been disqualified as a company director for Covid loan abuse. Anna Daroy served as interim Chief Operating Officer and later as interim Director General of the Institute of Directors from October 2018 to November…

Interest rates remain at 4% – consumer credit reaction

19th September 2025 Consumer Lending | #interest rates

The Bank of England Monetary Policy Committee (MPC) has voted to hold interest rates at 4.0%. Commenting on the MPC’s decision not to change the Bank Rate Paul Broadhead, Head of Mortgage and Housing Policy at the Building Societies Association said “CPI Inflation has remained elevated at 3.8% and is expected to stay higher for…

Interest rates hold at 4% – business industry reaction

19th September 2025 Business Lending | #interest rates

The Bank of England Monetary Policy Committee (MPC) has voted to hold interest rates at 4.0%. The MPC voted 7 to 2 in favour of the hold, with two dissenting member preferring to cut rates by 0.25% to 3.75%. Commenting on the MPC’s decision not to change the Bank Rate from 4.00%, George Lagarias, Chief Economist at…

Families have suffered from £20,000 of lost living standards growth over the past 20 years

19th September 2025 Arrears and Recoveries |

The scale of Britain’s living standards slowdown over the past 20 years is so large that a typical family today would be £20,000 richer had incomes continued at the rate of growth trending in 2005 according to the Resolution Foundation. Policies that the Resolution Foundation has designed and championed have put more money in people’s…

IE Hub launches new partnership with National Debtline

19th September 2025 Company News |

IE Hub has announced a new partnership with National Debtline, a provider of free debt advice. The collaboration is designed to make it simpler for people to access professional support and share their affordability information with creditors. The new collaboration gives the customer the ability to connect directly with National Debtline from IE Hub and…

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