Credit, Collections & Insolvency News
Hoist Finance has announced that it has entered into an agreement to acquire UK debt purchaser Azzurro Associates, a specialist in SME Non-Performing Loans (NPLs), with a portfolio book value of £200 million. Under the agreement, Hoist Finance is to acquire the UK operations and assets of Azzurro, including its FCA-regulated entity, from the current…
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Consumer confidence has now been negative for ten consecutive years, with the GfK index falling sharply again in January. Analysts describe a mood of resignation rather than panic, as inflation continues to outpace wage growth and households remain cautious. The prolonged pessimism is dampening entrepreneurial risk-taking and discretionary spending. The Consumer Confidence Index was up…
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New research by Pepper Advantage has found that mortgage arrears fell 1.1% in Quarter 4 (Q4) 2025 , marking the third consecutive quarterly decline and the lowest arrears rate since Q4 2023. Residential and Buy-to-Let Performance: The residential arrears rate declined by 0.9% in Q4, continuing a gradual improvement. Buy-to-let arrears fell by 10.4%, reflecting…
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