9th June 2026 - Credit Connect

ECB says Government plans to regulate bailiffs is too slow

9th June 2026 Consumer Collections | #bailiff regulation #enforcement

The Enforcement Conduct Board (ECB) says that the Government’s plans to regulate bailiffs are too slow, stating that it is exactly one year after the Ministry of Justice announced that it would legislate to make independent regulation of bailiffs mandatory. The enforcement industry receives over 7 million cases for enforcement every year and collects over…

Aryza announces partnership with Nucleo

9th June 2026 Company News |

Aryza has announced a new partnership with data, AI and change operational transformation specialist consultancy Nucleo. Under the agreement, Nucleo will also act as a reseller and delivery partner for Aryza’s AI-enabled solutions across the UK and Ireland, providing implementation services, integration support, and ongoing customer service in coordination with Aryza. Through the partnership, Nucleo…

Brits to spend out an estimated £6.6bn on spontaneous overseas holidays

9th June 2026 Consumer Lending | #holiday spending

Brits are projected to splash out an estimated £6.6 billion on spontaneous spending while on holiday abroad this year as they look to make the most of their overseas breaks, research from savings app Spring has revealed. A survey of 2,000 Brits found that 79% of holidaymakers admit to spending extra on spontaneous purchases while…

70% of SMEs fear bankruptcy as Iran war hampers supply chains

9th June 2026 Commercial Collections and Recoveries | #Iran war #supply chains

UK SMEs trading internationally are facing a tipping point, with seven in ten warning they could be pushed into bankruptcy if disruption linked to the Iran war continues according to new research from SME funder Bibby Financial Services (BFS). The data reveals the growing financial toll of the conflict on UK importers and exporters, with…

FCA proposes changes to widen mortgage access

9th June 2026 Consumer Lending | #FCA #mortgage regulation

The Financial Conduct Authority (FCA) has outlined plans to widen access to mortgages for groups including first-time buyers, older borrowers and self-employed people. Proposals include expanding access to interest-only and part interest-only loans, easing later-life borrowing rules and encouraging lenders to assess applicants based on their current financial circumstances rather than relying heavily on past…

UK Finance publishes plan for EU financial services relations

9th June 2026 Consumer Lending | #EU regulations

Ten years after the Brexit referendum, UK Finance, in partnership with Freshfields, has launched a report outlining its vision for the UK and EU relationship in financial services. Unlocking Growth Through a Stronger UK-EU Financial Services Partnership calls on the EU and the UK to place financial services on the agenda for the upcoming Leaders’…

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