27th October 2026 - Credit Connect

Open Banking trust remains an industry challenge

27th October 2026 Consumer Lending | #open banking trust

As awareness and adoption of Open Banking continue to grow among UK businesses, trust is emerging as the industry’s next major challenge, according to Payit by NatWest’s latest Frictionless Payments research. The findings build on last year’s research, which identified lack of awareness as a key barrier to Open Banking adoption, with 28% of businesses…

Shop price inflation hits two year high

27th October 2026 Commercial Credit Management | #economy #shop prices

Shop price inflation reached its highest level in more than two years in October as rising energy and transport costs pushed up prices, according to the British Retail Consortium (BRC). Annual shop price inflation increased to 2.1%, from 1.4% in September, while food inflation rose to 2.9%, driven by higher prices for tinned and packaged…

LiveMore appoints Chief Commercial Officer

27th October 2026 Appointments |

Specialist lender LiveMore has announced the appointment to its executive team of Danielle Wilson as Chief Commercial Officer. Wilson’s appointment strengthens its senior leadership team as the lender accelerates its growth through innovative solutions and new strategic partnerships. She is an experienced commercial leader with a track record spanning fintech, lending, AI and SaaS. She…

Four in ten people struggling with debt wait a year before seeking help

27th October 2026 Arrears and Recoveries | #debt advice #debt help

More than four in ten people struggling with debt wait over a year before seeking help, according to research from StepChange Debt Charity and PRA Group. The study of more than 1,600 debt management plan client, found that 43% worried about their finances for more than a year before seeking advice. Embarrassment was the most common…

Half of adults expect to be worse off from the Budget

27th October 2026 Arrears and Recoveries | #budget #cost of living

Days before the Chancellor delivers the Autumn Budget, more than half of adults (52%) expect it to leave them worse off, according to new research from Creditspring, with just 12% expecting to be better off, so pessimists outnumber optimists by more than four to one. The research shows that many households go into the Budget with…

Fraudster jailed after gambling £150,000 Covid loan

27th October 2026 Commercial Credit Management | #fraudster jailed

A pizza company boss who fraudulently secured £150,000 in Covid loans before company funds were spent on gambling and children’s toys has been jailed. Matthew Temple obtained three £50,000 Bounce Back Loans for Pizza Cottage (Whitley Bay) Limited, which traded as Pizza Cottage on East Parade in Whitley Bay. Temple, known as Mehdi Ghaneh-Keisami when the…

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