Credit, Collections & Insolvency News
The Credit Services Association (CSA), the UK trade body for the debt collection and purchase industry, has published a new report highlighting the rising scale, complexity and cost of cyber security risks facing its members, urging them to prioritise resilience as a core operational and governance responsibility. The report, titled ‘Cyber Security: The Billion Pound…
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A forecast by EY ITEM Club expects UK GDP to grow by 0.9% in 2026 a marginal upgrade on the 0.8% predicted in November’s Autumn Forecast. The data predicts the economy will accelerate growth to 1.3% in 2027 and will settle at 1.4% from 2028 onwards. Global uncertainty and tariff disruption are expected to be…
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Rising tax and cost pressures forced more than one in five (21%) SME bosses to lay off staff last year, according to a survey commissioned by Rathbones. A targeted poll of more than 1,000 SME founders, owners and senior executives reveals a challenging landscape for business leaders, with cost pressures – including business rates and national…
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New data from Novuna Business Finance has revealed the first green shoots of a potentially new upward trend in small business growth forecasts. Following a worrying 18-month period since mid-2024, when the percentage of small businesses predicting growth fell for five-consecutive quarters, to a five-year low of 25%, January 2026 sees an upturn, with 27%…
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