Credit, Collections & Insolvency News
A proposed £1.7 billion business rates tax increase on large businesses could jeopardise 120,000 jobs, industry leaders have warned. The British Retail Consortium (BRC) and UK Hospitality have expressed concerns over the Chancellor’s plans to raise business rates for superstores, hotels, and restaurants, arguing that it could lead to site closures. The proposals could mean…
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Latest data from Barclays has shown that spending on mortgage and rental payments rose by 7.3 per cent year-on-year in September, the highest increase since February. Amid the Bank of England base rate being held at 4 per cent in September, and rising costs, confidence in the housing market has also decreased slightly from 29…
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Skipton Business Finance (SBF) has appointed Katrina Nolan as Head of Restructuring and Recoveries. Nolan joins SBF from Close Brothers, where she served as Recoveries Manager (North) since 2019, managing all recoveries across commercial and corporate lending portfolios. Her earlier career includes senior client-care and customer-facing roles at Moorepay and HBOS/Lloyds Banking Group, bringing a…
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