Credit, Collections & Insolvency News
Reductions to business rates and National Insurance plus support with energy costs top concerns – as only 9% of small businesses looking to hire to support growth this summer As the UK welcomes a new Prime Minister and leadership team, 9 in 10 adults (90%) would like to see the Government do more to support…
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New Prime Minister (PM) Andy Burnham has announced a 20 per cent cut to business rates for pubs, clubs and live music venues from April. The move is expected to save a typical pub around £1,100 next year and benefit nearly 32,000 venues. The plans will be funded by cracking down on businesses like vape…
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Creditors are moving to shut down struggling companies at the fastest rate in at least three years, according to new figures obtained from the Ministry of Justice. Courts in England and Wales received 7,049 winding-up petitions in 2025 – up 11% on the 6,337 lodged in 2024 and 35% higher than the 5,220 recorded in…
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More than half (52%) of SMEs are currently struggling to pay tax bills as the full impact of recent tax increases kicks in, new research1 from Premium Credit shows. The biggest tax bill issue currently is Corporation Tax, which more than a fifth (22%) say they are struggling to pay, while 12% say they struggle…
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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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The 2026 Credit & Collections Industry Awards have opened for entries into next year’s awards. The awards programme was launched in 2024, recognising excellence within credit and collections by highlighting achievements through its tangible and transparent awards judging scheme. The awards also acknowledge key industry innovations and initiatives in credit, lending and collections. The Credit…
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