Credit, Collections & Insolvency News
The 2026 Credit & Collections Industry Awards have opened for entries into next year’s awards. The awards programme was launched in 2024, recognising excellence within credit and collections by highlighting achievements through its tangible and transparent awards judging scheme. The awards also acknowledge key industry innovations and initiatives in credit, lending and collections. The Credit…
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Consumer confidence in the UK has declined, with GfK’s Consumer Confidence Index showing a fall by two points to -19 in September. Neil Bellamy, Consumer Insights Director at GfK, an NIQ Company, said “There’s an autumnal chill in the air this month, with all five measures of consumer confidence down and the Overall Index Score for September…
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The UK economy is projected to experience only modest growth over the next two years, according to a report by KPMG. The firm forecasts a rise of only 1.2% this year and 1.1% in 2026, significantly lower than the Office for Budget Responsibility’s earlier estimate of 1.9% driven by lower interest rates and infrastructure investment,…
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A businessman has been disqualified after acting as a director of a company for two years while he was bankrupt. Scott Dylan was banned as a company director for eight years following a hearing at the High Court in Manchester earlier this month. The Insolvency Service found that Dylan had acted as a director of…
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Target Group has announced that it has strengthened its risk and compliance management with the appointment of Jennifer Read as the company’s new Head of Risk. Read brings nearly 20 years of experience to Target in operational risk and governance, working across financial services and fintech in banking and markets, savings and asset management. Starting…
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Latest data from the Insolvency Service has found that the construction industry experienced the highest number of insolvencies in the 12 months to July 2025 at 3,973, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency figures reflect the ongoing economic pressures facing construction businesses,…
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