Credit, Collections & Insolvency News
One in ten (8%) of people have no emergency savings at all, rising to one in ten women (10%) according to Hargreaves Lansdown (HL) Savings and Resilience Barometer. The research found that 11% of the squeezed middle (35-54), 12% of single people and 17% of renters do not have savings, whilst 11% have £100 or…
Read more
The gap between the UK’s wealthiest and poorest consumers is widening, according to a survey of 20,000 European and 1000 UK consumers by credit management group Intrum. The European Consumer Payment Report is an annual survey across 20 countries found only 48 per cent of the UK’s low-income consumers are confident they can pay all of their…
Read more
New research has revealed that while SME confidence in Government remains fairly lukewarm, this support is fragile in the face of mounting economic pressures and uncertainty – and may well turn sour without urgent action on tax and costs at the Autumn Budget. The survey of 1,000 SME leaders and decision makers, commissioned by FTSE…
Read more
Secure Trust Bank has announced that it has appointed James Appleby as Chief Operating Officer (COO), pending regulatory approval. Appleby brings over two decades of senior leadership experience in the financial services sector, both in the UK and internationally. He has previously held the COO position for Barclaycard between 2005 and 2008, and then for…
Read more
Almost half (46%) of smaller SMEs say they’re not confident that the Government will drive a ‘pro-business’ agenda compared to only 22% of medium sized businesses according to new analysis from Simply Asset Finance. Notably, the research reveals that much of the goodwill that had been granted to the new Government early in its tenure…
Read more