Credit, Collections & Insolvency News
A new report from Lloyds Merchant Services has found that consumers are increasingly looking for payment flexibility. 61% of adopters say they are more likely to shop with a retailer offering Buy Now Pay Later (BNPL), rising to 63% for point-of-sale (POS) finance. Half (50%) are comfortable using BNPL for mid-ticket purchases between £100 and…
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New data by Scottish Widows has found that over half of people admit to doing little to no research on retirement. The analysis also revealed many aren’t doing enough to prepare for retirement with nearly a quarter of people (23%) aren’t currently saving for retirement at all, and over a third (39%) aren’t saving nearly…
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Government efforts to reform Companies House won’t achieve their aims without closing risky loopholes, insolvency and restructuring trade body R3 has warned. The Economic Crime and Corporate Transparency Bill aims to address the misuse of UK company registrations and removals by reforming the powers of Companies House, but R3 believes that without changes to the…
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