Credit, Collections & Insolvency News
The weakening jobs market is finally affecting pay packets, with wage growth in the private sector slowing sharply over the summer according to the Resolution Foundation in response to the latest ONS labour market statistics. The number of payrolled jobs was little changed in August with a small rise of 10,000 compared to July and…
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New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) in August 2025 fell by 3% compared with the same month in 2024. In the eight months to August 2025, new business was 1% higher than in the same period in 2024.…
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New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 10% in August 2025. Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in August 2025 by 5% compared with the same month in 2024. The corresponding value of new business was 1% lower over the same period. In the eight months to August 2025, new business volumes held…
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New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in August 2025 by 2% compared with the same month in 2024. In the eight months to August 2025, new business in this market was 4% higher than in the same period in 2024. The credit card and…
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Connected Data has announced that it has appointed Simon Gregory as its new Sales Director. Gregory brings a wealth of experience in data, software, and services sales, with a proven track record of driving customer-centric outcomes and leading complex data sales initiatives. Prior to joining Connected Data, Gregory led the Sales function at Data on…
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New research by the Personal Finance Research Centre at the University of Bristol, in partnership with Ofgem and StepChange Debt Charity has highlighted the critical role that effective referrals from energy suppliers to free debt advice can play in supporting households with energy debt, and where the energy sector can do more to protect vulnerable…
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Jaja Finance has announced the appointment of Dave Goodman as its new Executive Chairman Designate, whilst FCA approval is finalised. In this newly created role as Executive Chairman Designate, Goodman will lead the board, support Jaja’s leadership team in delivering its strategic vision and provide expert guidance on scaling profitable portfolios. He will also ensure…
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