Credit, Collections & Insolvency News
Business confidence in the UK has fallen, according to the British Chambers of Commerce (BCC), with only 46% (compared with 48% in Q3) of companies expecting increased sales this year and 24% saying they expect to see a decline in turnover. The survey saw 63% of firms polled cite tax rises as their primary concern,…
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A KPMG survey has found that two-thirds of people believe the economy is worsening. Despite almost no change in how households feel about their own finances throughout the past year, 2025 saw a steep decline in sentiment towards the economy. Entering 2026, the majority of people (56%) feel secure in their personal finances, a 1%…
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More than half of couples would consider staying together for the sake of the finances, with only 40% of people stating that they would never stay in a bad relationship for financial reasons, according to research by Opinium for Hargreaves Lansdown. The first Monday back to work after Christmas has been dubbed ‘Divorce Day,’ because…
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Barclays’ latest Property Insights report reveals that the influence of the ‘Bank of Mum and Dad’ now extends well beyond first-time buyers, playing a pivotal role for ‘second steppers’. For renters, deposits remain a challenge, but they are less deterred by the cost of mortgages. Meanwhile, consumer confidence showed modest signs of recovery following the…
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Data from Vanquis’ Financial Wellbeing Index found that one in five households earning under £40,000 had planned to cut back on Christmas spending in 2025. Across all households, the Index revealed that people were most likely to trim back on treats like eating out and parties while doing their best to protect essentials such as…
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The Financial Conduct Authority (FCA) has opened an enforcement investigation into The Claims Protection Agency Limited (TCPA) following concerns about its advertising and sales tactics in relation to potential motor finance claims. The FCA is investigating what customers were told about the amount of redress they might obtain, whether they were told they could make…
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Business advisory firm Quantuma has announced it has promoted restructuring specialist Alyson Richards to Director. Richards, a licensed insolvency practitioner based in the firm’s Southampton office, is a member of Quantuma’s Restructuring and Insolvency team. She has more than 20 years’ experience in corporate restructuring and personal insolvency, Richards has advised on a wide range…
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