Credit, Collections & Insolvency News
Latest figures from the Office for National Statistics (ONS) have shown that the UK economy expanded by 0.6% in the first quarter of 2026, unchanged from the preliminary estimate and a clear acceleration from 0.1% growth in Q4 2025, which was revised down from 0.2%. Annual GDP growth was revised to 0.9%, down from the…
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Millions of people across the UK are still years away from recovering financially from the cost-of-living crisis, and the nation’s overall financial resilience level shows many households are still very exposed if prices rise for basics such as food, fuel and energy, according to new research from Royal London. The report highlights that one in…
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The IoD Directors’ Economic Confidence Index, which measures business leader optimism over prospects for the UK economy, dropped to -61 in June 2026 from -53 in May, signalling a deterioration in economic sentiment. This was matched by a marked fall in confidence in respondents’ own organisations, down to +7 from +23 in May. Most underlying…
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