Credit, Collections & Insolvency News
The percentage of small business owners predicting growth has fallen for the fourth consecutive Quarter to a new five-year low (25%) – and in every industry sector, the percentage of enterprises predicting growth is down on the start of the year, according to new tracking research from Novuna Business Finance. Following last summer’s General Election…
Read more
Households with £2,000 in savings are around 60% less likely to fall behind on household bills, according to new research from the University of Bristol’s Personal Finance Research Centre, commissioned by the Building Societies Association (BSA). The study, which followed thousands of UK households over a decade, provides new evidence that savings play a crucial…
Read more
Latest data from Shawbrook has found that people are £224 worse off each month compared to last year, as they continue to suffer the consequences of the cost of living crisis. Nearly 40 per cent of people confirmed they were worse off compared to last year, with women being affected in particular, with 43 per…
Read more
New research by UK Finance has found that more people are now using digital payments, with rising use of in-app purchases, digital wallets, and Buy Now Pay Later for shopping. At the same time, cash payments have again fallen. These trends indicate that people are increasingly opting for digital payment options, a trend that is…
Read more