Energy price cap will rise by 13% from July

27th May 2026 Arrears and Recoveries | #energy prices

Energy regulator Ofgem has announced a 13% increase in the energy price cap for the period covering 1st July to 30th September 2026. The price cap refers to the default tariff applied when a customer has not signed for a fixed-rate tariff. It sets a maximum rate per unit and a standing charge that can…

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One in five say bank branch closures are making it harder to access financial services

27th May 2026 Consumer Lending | #bank closures

One in five (20%) UK consumers say bank branch closures are making it harder to access the financial services they need according to research from CRIF. The findings come as the government launches an independent Access to Banking Review to examine the real-world impact of branch closures and consider whether further intervention is needed to…

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One in three businesses seriously concerned by overseas conflict

27th May 2026 Commercial Credit Management | #overseas conflict

The percentage of UK small businesses citing barriers holding their business back from growing has hit a six-year peak (84%), with the impact of overseas conflict on energy and fuel prices in the UK now a serious concern for one in three enterprises (32%), according to new findings from Novuna Business Finance. The data show…

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