Credit, Collections & Insolvency News
The Government has launched a consultation to cut electricity bills by up to 25 percent for over 7,000 British businesses. Business and Trade Secretary Peter Kyle will set out an offer of enhanced support in a keynote speech to a room of bosses from some of the UK’s top firms at the CBI Conference in…
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Three men from London have been sentenced to a combined 10 years and four months after stealing a combined £568,000 from victims by fraudulently posing as bank customers and gaining access to their accounts. The sentencing follows investigation and arrest by a specialist banking industry-sponsored police unit, the Dedicated Card and Payment Crime Unit (DCPCU).…
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The Energy Price Cap will unexpectedly rise by £3 a year in January, as a rise in the costs of government policies that are added to energy bills cancels out a small fall in gas prices. The Resolution Foundation says this makes clear that more action is needed in the Budget to cut bills significantly.…
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Energy regulator Ofgem has announced a 0.2% rise of the energy price cap for the period covering January to March 2026. Thd change amounts to a small increase of around 28 pence a month for the average dual fuel household. Year on year when adjusted for inflation the new cap is 2% or £37 lower…
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Simon Taylor, Chief Executive of Melton Building Society, has been elected as the new Chair of the Building Societies Association (BSA). Taylor is currently the Deputy Chair of the BSA and succeeds Julie-Ann Haines, Chief Executive of Principality Building Society and will will take up the role from 21st November, 2025 Taylor said “I’m delighted…
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