19th December 2025 - Credit Connect

Consumer confidence rises despite tax hikes

19th December 2025 Consumer Collections | #consumer confidence

Consumer confidence improved in December, rising to minus 17 from minus 19, according to data. from GfK. The index measuring changes in personal finances over the last 12 months has increased by one point to -6. This is one point higher than December 2024. The forecast for personal finances over the next year is up one point to 2. This is an…

Bank of England cuts rates to 3.75% – industry reaction

19th December 2025 Consumer Lending | #interest rates

Bank of England has cut interest rates by a quarter point to 3.75% in response to a weakening labour market and slowing inflation. The Monetary Policy Committee (MPC) voted 5-4 in favour of the cut, marking the first reduction since August. Paul Broadhead, Head of Mortgage and Housing Policy at the Building Societies Association, said…

‘Pay Per Plate Christmas’ as festive dinner cost hits £254

19th December 2025 Consumer Collections | #cost of Christmas

Rising costs are reshaping Christmas traditions, with a quarter of people (24%) now believing you should be able to charge guests for Christmas dinner, an emerging trend dubbed the Pay Per Plate Christmas. Among 18 to 24 year olds, 42% say hosts should be allowed to charge, compared to 36% of 25 to 44 year…

Fraudster jailed after securing £50,000 Covid loan

19th December 2025 Business Lending |

The former manager of a Nottingham city centre chicken shop was jailed after securing £50,000 in Covid support, despite having sold the business the previous year. Mujeebullah Khan applied for the maximum-value Bounce Back Loan on behalf of Chunky Chicken in May 2020. However, Khan and his business partner had sold the business based on Shakespeare…

FCA ramps up insurance standards in response to super complaint

19th December 2025 Consumer Lending | #insurance #regulation

The Financial Conduct Authority (FCA) is enhancing its efforts to improve standards in the home and travel insurance markets following a super-complaint from Which? The FCA plans to review claims handling and customer service over the next year. It aims to boost consumer understanding of insurance products and ensure firms provide accurate information at the…

Credit & Collections Technology Awards publishes 2025 review

19th December 2025 Consumer Collections | #featured

Credit Connect has published its annual Credit & Collections Technology Awards review. The awards review highlights the unique transparency of the Credit & Collections Technology Awards, with data graphs showcasing the results, accompanied by judges’ comments. The award’s rigorous and transparent process enables each company that enters the awards an opportunity to receive a bespoke…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.