Credit, Collections & Insolvency News
Business bankruptcies held broadly steady in 2025, maintaining a three‑year plateau of between 24,000 and 25,000 cases, reported annually according to new analysis from Dun & Bradstreet, a leading global provider of business data and analytics. While failures remain significantly above pre‑pandemic averages, the levelling‑off marks a period of relative stability following the sharp adjustments…
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Borrowers face £4.6K payment shock as fixes with the average mortgage rate hitting 5.50% for the first time since August 2024 according to new market analysis by Moneyfacts. The data showed that the rate rose from 4.89% on Monday, 2nd March 2026, to 5.50% on Wednesday, 25 March 2026. As a result, the typical annual cost…
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Business energy costs are set to soar, with electricity bills increasing by an average of 10% to 30% since late February, depending on the sector and the size of the organisation. Gas price rises are steeper still, with Cornwall Insight forecasts showing bill increases of between 25% and 80%, as the ongoing conflict in the…
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Consumer confidence in the UK has reached an all-time low, according to analysis by the British Retail Consortium (BRC) survey conducted by Opinium. The survey, taken from March 10 to March 13, revealed a drop in consumer expectations for the economy to -53, down from -30 the previous month. Personal finance expectations also fell to…
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