Credit, Collections & Insolvency News
Yorkshire Building Society (YBS) has announced that it has appointed Amanda Bryden as Director of Distribution and Incoming Managing Director of Accord Mortgages. Bryden brings more than 25 years of mortgage and intermediary leadership experience, most recently with Lloyds Banking Group. She has also held senior roles at HSBC, Santander and Coventry Building Society. Jeremy…
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Flexible finance, including small business credit cards, remains the most frequently used type of borrowing among UK SMEs, according to the British Business Bank however, research by Purbeck has warned that most directors sign up for this everyday form of finance without realising it carries the same personal risk as a six-figure business loan. The…
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New analysis from Lloyds Banking Group suggests that while younger adults have the digital know-how, it’s older generations who are using experience to make the most of tech when managing their money. The research showed that more than three in four (76%) 18 to 24-year-olds have used AI for personal finance – making them the…
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New research from StepChange Debt Charity has revealed growing concern about household finances, with millions of people worried about how they will cope as energy costs are expected to rise ahead of winter. The data shows that two in five (41%) British adults, equivalent to around 22 million people, expect their finances to worsen over…
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Energy regulator Ofgem has announced a 4% increase in the energy price cap for the period covering 1st October to 31st December 2026. The energy price cap protects around 22 million households on default tariffs by limiting the maximum rates and standing charges that energy suppliers can charge. It is updated every three months to…
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