26th September 2025 - Credit Connect

Time running out to prevent decade of falling incomes

26th September 2025 Consumer Collections | #falling incomes

New analysis from the Joseph Rowntree Foundation (JRF) shows that the UK is on track for a decade of decline in families’ disposable incomes by the end of the parliament (September 2029). This comes after a decade of stagnant earnings growth following the financial crisis. By updating the March 2025 Office for Budget Responsibility (OBR)…

Report highlights SME investment opportunity

26th September 2025 Commercial Credit Management |

New analysis by Barclays has shown that, if UK small and medium-sized enterprises (SMEs) were to invest at rates in line with larger companies, £60 billion of new investment could be unleashed per year into the UK economy. In 2024, UK business investment reached a record level, and in the first half of 2025, business…

Charities face financial resilience pressure

26th September 2025 Consumer Collections |

Risks to financial resilience are among the pressing issues facing the charity sector in 2025, according to new analysis from the Charity Commission. The regulator has drawn on a range of data and intelligence available to it, including information from annual returns, serious incident reports and casework, in publishing its first ever annual Charity Sector Risk…

CFIT appoints new Chair and Non-Executive Directors

26th September 2025 Appointments |

The Centre for Finance, Innovation and Technology (CFIT) has announced three senior appointments to its Board, with Chris Pond joining as Non-Executive Chair and Nausicaa Delfas and Vivienne Artz as independent Non-Executive Directors. Pond has held a range of senior roles across financial services, academia and politics. A former MP and Work and Pensions Minister…

Three million overpaying on mobile and broadband deals

26th September 2025 Consumer Collections | #mobile phone and broadband bills

New research by Citizens Advice has found that millions of loyal mobile and broadband customers are being forced to jump through hoops to avoid being ripped off on their bills – simply because mobile phone and broadband providers aren’t being upfront with better renewal deals. The research showed that instead of automatically offering existing customers their…

Nationwide appoints Director of Mortgage Intermediaries and Partnerships

26th September 2025 Appointments | #appointments

Nationwide has announced it has appointed Damian Thompson as its new Director of Mortgage Intermediaries and Partnerships (from 1st October 2025). Thompson, who has led The Mortgage Works as Commercial Director of Landlord since the start of 2023, will move to a new role with responsibility for leading and driving forward the Nationwide Group’s intermediary…

Third of UK SMEs plan to trade internationally

26th September 2025 Commercial Credit Management | #trade credit

A third (32%) of UK SMEs that do not currently trade internationally plan to do so this year, according to research from Shawbrook. While 38% of SMEs are already trading outside of the UK, a further third now plan to begin doing so within the next year. Only 28% do not currently trade internationally nor…

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