Credit, Collections & Insolvency News
Consumer confidence fell by 1.1 percentage points during the final quarter of 2025, from -10% in Q3 2025 to -11.1%, according to the latest Deloitte Consumer Tracker. The fall in confidence, based on responses from 3,200 UK consumers aged 18+, was driven by declines in five of the six measures included in the index. The…
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The Bank of England has announced the launch of its new Scale-Up Unit to support UK fintech firms, with OakNorth, Allica Bank, Clearbank, Zopa, Monument Bank, and Nottingham Building Society among the first cohort to be overseen by the regulatory initiative. This initiative, a collaboration between the Financial Conduct Authority and the Prudential Regulation Authority…
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JN Bank UK has announced that it has relaunched as thisbank following a rebrand. In a statement, thisbank said it was “Created by revitalising the UK arm of JN Bank under new leadership and ownership. “Now backed by UK and US investment, a new leadership team from some of the biggest names in banking, the…
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The Money Advice Liaison Group (MALG) has announced that it has appointed Peg Alexander as its next CEO. She will take up the position in March 2026, succeeding long‑standing CEO Bob Winnington, who retires at the end of that month after a decade leading the organisation. Alexander brings more than 30 years’ experience across broadcasting,…
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