Credit, Collections & Insolvency News
The Monetary Policy Committee (MPC of the Bank of England has moved decisively to curb inflationary pressures by raising the interest base rate from 3.75% to 4%. Commenting on the 8-1 decision of the Monetary Policy Committee of the Bank of England to increase interest rates to 4%, Anna Leach, Chief Economist at the Institute…
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Nationwide customers have hidden more than 38,000 potentially distressing payment references since the launch in May of its in-app feature designed to help people experiencing domestic and economic abuse. The figures come exactly one year after the Government’s Financial Inclusion Strategy set out plans to remove barriers to financial services, with accessibility, mental health and…
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Lenders have been repricing ahead of the Bank Base Rate (BBR) vote, causing fixed mortgage rates to hit a three-year high, according to Moneyfactscompare.co.uk analysis. A challenging environment to reprice fixed rate mortgage deals created a mix of activity from lenders over recent weeks, a BBR hike of 0.25% is expected tomorrow. Major lenders could…
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A Manchester-registered company has been shut down following an Insolvency Service investigation, which found it was providing misleading services to directors of companies in financial difficulty. Clark Sinclair Limited’s promotional emails suggested directors could avoid reputational damage by selling their companies before liquidation. The company offered to find buyers for companies with debts, telling clients…
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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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Credit Connect Media has announced that it will launch a new Technology & Services Industry Leaders list at its Autumn event series, which also features the Credit & Collections Think Tank and Commercial Credit & Collections Conference, followed by the 2026 Credit & Collections Technology Awards. The events will take place on Wednesday, 18th November…
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Credit Connect hosted its second annual Spring Series of events at the end of May at Eastwood Hall Hotel in Nottingham. The event opened with the first-ever Industry Leaders networking dinner, which hosted 60 attendees who have been nominated and ratified by Credit Connect’s Industry Leaders partner associations: CIVEA, CICM, CCUA, CCTA, Cifas and Registry…
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The winners of the 2026 Credit & Collection Industry Awards have been announced following a live in-person event yesterday (Thursday 21st May) at Eastwood Hall, Nottingham. There were 19 winners (three of which were partnership wins) from the awards categories, which were presented by awards compere Eshaan Akbar. The Credit & Collections Industry Awards were…
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Credit Connect has announced its 2026 Industry Leaders list. The Leaders list was announced as part of the inaugural Industry Leaders Dinner at the Eastwood Hall in Nottingham, which is part of the Credit Connect Spring series event. The Spring event series also includes the Commercial Credit & Collections Conference, Credit & Collections Think Tank…
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UK Finance has published Plan for Growth: From Strategy to Delivery, a new report outlining a practical roadmap for how the financial services sector can help deliver the government’s economic growth ambitions. The Government’s strategies to grow the economy – spanning industrial renewal, infrastructure, housing, SMEs, trade and financial inclusion – all depend on a…
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Credit Connect has announced the shortlist of companies and partnerships for this year’s third annual Credit & Collections Industry Awards. The finalists for this year’s awards consist of 108 entrants (whittled down from nearly 115 entries) from nearly 80 companies within the shortlist. There are over 20 partnership entries in the running to win across…
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Credit Connect has published its annual Credit & Collections Technology Awards review. The awards review highlights the unique transparency of the Credit & Collections Technology Awards, with data graphs showcasing the results, accompanied by judges’ comments. The award’s rigorous and transparent process enables each company that enters the awards an opportunity to receive a bespoke…
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Credit Connect has announced its annual Credit & Collections Technology company Power List for 2025. The seventh edition of the Power List is a round-up of the most prominent innovative companies within credit and collections technology. Each year, Credit Connect identifies the Top 20 ‘Premier’ innovator companies, highlighting the achievements and successes of the top-performing…
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