28th October 2026 - Credit Connect

Asset finance new business grows by 10%

28th October 2026 Alternative Business Lending | #asset finance

New figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 10% in August 2026 compared with the same month in 2025. In the eight months to August 2026, new business was 6% higher than in the same period last year. The plant…

Consumer car finance new business volumes grow by 1%

28th October 2026 Consumer Lending | #august 2026 #car finance

New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew by 1% in August 2026 compared with the same month in 2025, while the value of new business was 3% higher over the same period. In the eight months to August 2026, new business volumes grew…

Second charge mortgages fall by 3%

28th October 2026 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes fell by 3% in August 2026. Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer Finance & Mortgages and Inclusion at the Finance & Leasing Association (FLA), said “The…

Consumer finance grew by 3% in August 2026

28th October 2026 Consumer Lending | #consumer credit #consumer finance

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 3% in August compared with the same month in 2025 to reach £9.7 billion. In the eight months to August 2026, new business in this market was 4% higher than in the same period in 2025. The…

213,000 jobs at risk as business insolvencies remain above pre-Brexit levels

28th October 2026 Business | #insolvencies #jobs

Latest data from Allianz Trade shows that business insolvencies are putting 213,000 UK jobs at risk. The company is forecasting that business insolvencies will rise by +5% in 2026 and +1% in 2027 (+6% in 2025), marking five consecutive years of increases. Given the uncertain geopolitical and macroeconomic environment, the peak in insolvencies will be delayed…

Nine in ten finance leaders back AI cash management

28th October 2026 Commercial Credit Management | #AI #cash flow

Nine in ten (90%) of UK finance leaders have a clear business case for using AI in cash and liquidity management, but only seven in ten (71%) can clearly measure the business value their AI initiatives deliver, according to new research from FIS. The study, conducted by Opinium in June–July 2026 among 100 senior finance…

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