Economy growth hit two year high in February – industry reaction

17th April 2026 Commercial Credit Management | #economy growth

The UK economy grew by 0.5% in February, according to the Office for National Statistics (ONS), the biggest monthly rise in more than two years. The ONS said the services sector, which accounts for more than three-quarters of the economy, grew by 0.5%. Production output also grew by 0.5%, while construction rose by 1%. The…

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CSA proposes measures to modernise public sector debt collection

17th April 2026 Arrears and Recoveries | #council tax collections

The Credit Services Association (CSA) has set out ten challenges for how public sector recoveries and collections could evolve, to better support people in financial difficulty and improve outcomes for taxpayers. The new paper, published by the CSA, is titled ‘Ten key discussions in the debate around modernising public sector collections.’ The trade body for…

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Three in four businesses fear impact of major economic shocks

17th April 2026 Commercial Credit Management | #business risk

The percentage of small businesses predicting growth for the next three months (28%) remains largely unchanged from last quarter (27%) – although 78% of enterprises go into the summer fearing the economic impact that geo-political and economic tensions will have on their businesses, according to new research from Novuna Business Finance. Based on polling a…

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