12th June 2026 - Credit Connect

Record numbers turning to loan sharks

12th June 2026 Arrears and Recoveries | #featured #loan sharks

Over two million Britons are reportedly in debt to illegal lenders, a rise of 500,000 since 2022, according to the Centre for Social Justice (CSJ). Britain is facing a growing illegal lending crisis as record numbers of cash-strapped households turn to loan sharks to cover everyday living costs. The number of people borrowing from unscrupulous…

Report highlights Companies House register reform profgress

12th June 2026 Commercial Credit Management | #companies house

A new report released has revealed that significant strides are being made to improve the accuracy of the Companies House register and disrupt economic crime. The report is the latest part of the implementation of the Economic Crime and Corporate Transparency Act 2023 (ECCT Act), which brings about the most significant reforms to UK company…

SME lending rises by 16% hitting post-pandemic high

12th June 2026 Alternative Business Lending | #business lending #featured main

Lending to small and medium-sized enterprises (SMEs) rose 16 per cent year-on-year to £5.3 billion in the first quarter of 2026, according to UK Finance’s Business Finance Review. This was the highest level of SME lending since 2021 and demonstrates both strong demand for SME finance and the continued role of high street bank lenders…

Flint Bishop appoints Head of Finance Dispute Resolution

12th June 2026 Appointments |

National UK law firm Flint Bishop has announced it has appointed banking and finance litigation specialist Zarvin Vandrewala as Partner and joint Head of Finance Dispute Resolution Vandrewala joins from Aberdein Considine, where he was a Partner advising financial services clients on a wide spectrum of contentious matters. He brings more than 14 years’ experience…

World Cup triggers gambling spike

12th June 2026 Consumer Collections | #betting #debt #featured #world cup

With the 2026 World Cup kicking off, new research from Lowell shows that 43% of all gamblers increase their betting activity during major sporting events or tournaments. This rises to 50.6% among sports bettors specifically, with levels climbing to as high as two-thirds in certain cities. Gambling can significantly impact personal finances, with many bettors dipping…

Opus makes South East Director appointment

12th June 2026 Appointments | #appointments

Opus Restructuring and Insolvency has announced that it has appointed Rob McIlroy as Director. McIlroy has more than 15 years’ experience in restructuring and insolvency; he has worked across a broad range of sectors, including construction, media and professional services, advising businesses, lenders, directors and stakeholders through financially challenging situations. His career has spanned both…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.