Credit card balances pass £2,000 marking record high
Average active UK credit card balances surpassed £2,000 in August, marking a historic high, according to FICO. Payment rates fell after a brief recovery, contributing to increased balances. Average spending rose by 3.1% month-on-month to £840, 3.3% year-on-year, marking...
Third of lending market is underserved due to affordability regulatory fears
A third (30%) of the lending market is being underserved amid heightening scrutiny around affordability and compliance rules designed...
Inflation rate rises to 3.5% – industry reaction
Inflation rose to 3.5 per cent in September, according to the Office for National Statistics (ONS). The rise was...
Buy-to-let lending rises to £10.7bn
Buy-to-let (BTL) lending rose 25% in value year-on-year in the second quarter of 2026, according to figures from UK...
Business insolvencies fell by 4% in September
Latest figures from the Insolvency Service have shown the number of business insolvencies in England and Wales fell by...
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Credit card balances pass £2,000 marking record high
Average active UK credit card balances surpassed £2,000 in August, marking a historic high, according to FICO. Payment rates fell after a brief recovery, contributing to increased balances. Average spending rose by 3.1% month-on-month to £840, 3.3% year-on-year, marking...
MALG secures AI fluency funding
Money Advice Liaison Group (MALG), in partnership with WyserAI, has secured funding from the Money and Pensions Service (MaPS)...
Personal insolvencies increase by 2%
Latest monthly figures from the Insolvency Service for England & Wales showed that personal insolvencies decreased by 2% in...
3.5m households can’t afford credit and essentials
New research from the Centre for Responsible Credit has found that around 3.5 million low- to middle-income households in...
One in five retired people plan to increase financial support for loved ones
New research from Investec has shown that changes to inheritance tax (IHT) rules are set to increase the financial...
Accountant jailed and ordered to repay £307,000 after targeting Covid support schemes
An Accountant who defrauded Eat Out to Help Out and other Covid support schemes has been ordered to repay more than £300,000. Zeeshan Ashraf was handed a confiscation order of £307,690 at Birmingham Crown Court. Ashraf was jailed for...
Inflation rate rises to 3.5% – industry reaction
Inflation rose to 3.5 per cent in September, according to the Office for National Statistics (ONS). The rise was...
Mid-sized businesses report fastest growth in almost two years
Business activity returned to growth for mid-market companies during the third quarter of 2026, according to NatWest’s Mid-market Growth...
SMEs Budget wish is to reduce the cost of doing business
Bibby Financial Services’ (BFS) latest SME Confidence Tracker reveals that small businesses’ greatest wish for Prime Minister Andy Burnham...
Profit warnings from UK-listed companies hits two year high
UK-listed companies issued 65 profit warnings during the third quarter of 2026, up from 59 in Q2 and the...
Third of lending market is underserved due to affordability regulatory fears
A third (30%) of the lending market is being underserved amid heightening scrutiny around affordability and compliance rules designed to raise the bar for how lending decisions are made, according to the latest market study from Chartis Research and...
Buy-to-let lending rises to £10.7bn
Buy-to-let (BTL) lending rose 25% in value year-on-year in the second quarter of 2026, according to figures from UK...
Paragon Bank appoints Head of Specialist Lending
Paragon Bank has promoted Matt Fulford to Head of Specialist Lending within its Mortgages division, reinforcing its focus on...
Mortgage deals lasting just 13 days as market faces sustained volatility
Latest data from Moneyfacts shows the average product shelf-life fell to just 13 days in October, down from 14 days...
Half of first-time buyers paying more for mortgage than they did for rent
A majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay...
Construction insolvencies hit 12 month high
Latest data from the Insolvency Services has shown that the construction industry experienced the highest number of insolvencies in the 12 months to August 2026, at 3,873, making up 17% of all industry cases. Carly Thorpe, Construction & Engineering...
Business insolvencies fell by 4% in September
Latest figures from the Insolvency Service have shown the number of business insolvencies in England and Wales fell by...
Northern Irish business and personal insolvencies increase
Latest data from the Insolvency Service has shown that personal and business insolvencies increased in Northern Ireland in September...
Scottish business insolvencies increased in September
Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased in September 2026....
BPI acquires stake debt recovery specialist
Yorkshire-based asset valuation and disposal specialists BPI and BPI Asset Advisory have acquired a significant stake in McQueen Partnership,...
2026 Technology & Services Leaders Networking Dinner
Technology & Services Industry Leaders Networking Dinner Wednesday 18th November, Manchester Visit our webpage for more information: https://www.credit-connect.co.uk/2026-technology-services-industry-leaders-list/
Autumn: Commercial Credit & Collections Conference, Thursday 19th November, Manchester
Commercial Credit & Collections Conference (Autumn) Thursday 19th November Manchester The Commercial Credit & Collections Conference series will continue at the Midland Hotel in Manchester. The Commercial Credit & Collections Conference series focuses on the latest updates in credit management and insolvency. The next edition of the conference will provide Credit Managers and FDs with…
Autumn: Credit & Collections Technology Think Tank, 19th November, Manchester
Credit Connect’s Credit & Collections Technology Think Tank is a new, innovative and unique event in the industry calendar.
2026 Credit & Collections Technology Awards Ceremony, Thursday 19th November, 2026 Manchester
The Credit & Collections Technology Awards is the flagship annual awards event for the lending, credit and collections sector.
