Credit, Collections & Insolvency News
Credit Connect has announced the shortlist of companies and partnerships for this year’s ninth annual Credit & Collections Technology Awards. The finalists for this year’s awards consist of 112 entrants (whittled down from nearly 130 entries) from over 60 companies on the shortlist. There are also 20 partner entries in the running to win across…
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A review by the Financial Conduct Authority (FCA) has found no evidence that its regulation is a major barrier to SME access to finance. Many of the challenges identified relate to wider market, information and capability challenges. The review found that the challenges are often greatest for microbusinesses, which make up 95.5% of all SMEs…
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CPI inflation rose to 3.1 per cent in August, up again from 2.9 per cent in July, in line with market expectations, driven largely by higher petrol and diesel prices, the Resolution Foundation said today (Wednesday). With price rises not expected to peak until the winter, the renewed climb has ramifications for families, the Bank…
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New statistics published by HMRC today show 293,000 people currently have an open account with the Government’s Help to Save scheme. Due to a widening of eligibility to all working Universal Credit claimants, the number of people opening accounts has risen by around 53% year on year. While this is a welcome rise, up to…
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New research from Standard Life has found that among those aged 55-70 with a defined contribution pension found 90% of those yet to retire want to have their finances as simple and straightforward as possible before retiring, whilst over half of all those aged 55-70 with a DC pension (54%) view retirement as an opportunity to…
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