Card spend growth reached 15-month high in October
Latest data from Barclays has found that consumer card spending grew 2.3% year-on-year in October – up from 2.0% in September and the highest growth since July 2025, though still below the latest CPIH inflation rate of 3.6%. Essential...
36% of people plan to cut gift spending this Christmas
People expect to spend an average of £103 per person on Christmas gifts for their closest loved ones this...
FTS Recovery acquires IRL
FTS Recovery has strengthened its South Coast presence by acquiring boutique insolvency practice IRL, led by experienced insolvency practitioner...
Nine million providing financial support for older relatives
New research from Canada Life has revealed that one in six (16%) adults, equivalent to nearly 9 million people,...
185,000 companies remain in financial distress despite insolvencies fall
New research by the Institute for Turnaround (IFT) finds that more than 185,231 companies remain in financial distress, despite...
Enter the Credit & Collections Industry Awards
36% of people plan to cut gift spending this Christmas
People expect to spend an average of £103 per person on Christmas gifts for their closest loved ones this year with ,ore than a third (36%) expect their gift spending to be lower than last year, including 12% who...
Nine million providing financial support for older relatives
New research from Canada Life has revealed that one in six (16%) adults, equivalent to nearly 9 million people,...
380,000 more households turn to social tariffs to ease water bill pressures
Almost 380,000 more households received lower water bills through water companies’ social tariff schemes in 2025-26, according to annual...
Over 38,000 potentially abusive payment references hidden
Nationwide customers have hidden more than 38,000 potentially distressing payment references since the launch in May of its in-app...
More than half of teenagers do not understand financial budgeting
Parents prepare their children for plenty of milestones before they turn 18, from helping them learn to drive to...
Business output hits four-year high
A surge in services sector spending, alongside AI and defence-related manufacturing, pushed business output to its highest level in more than four years, while business optimism has also strengthened, according to the latest Business Trends report from accountancy and...
Interest rates hit 4% – commercial credit reaction
The Monetary Policy Committee (MPC of the Bank of England has moved decisively to curb inflationary pressures by raising...
Funding Circle appoints new CEO
Funding Circle has anouncesd the appointment of Rob Straathof as Chief Executive Officer (CEO), subject to regulatory approval. Straathof...
Company which took advantage of struggling businesses shut down
A Manchester-registered company has been shut down following an Insolvency Service investigation, which found it was providing misleading services...
HMRC’s plan to take VAT from businesses through direct debit could push them into insolvency
Following HMRC’s announcement of its plan to take PAYE and VAT from businesses through direct debit, UHY Hacker Young...
Card spend growth reached 15-month high in October
Latest data from Barclays has found that consumer card spending grew 2.3% year-on-year in October – up from 2.0% in September and the highest growth since July 2025, though still below the latest CPIH inflation rate of 3.6%. Essential...
Fair4All Finance agree Stream partnership to expand lending to under-served workers
Fair4All Finance and Stream have announced a £5 million partnership to deliver affordable workplace loans to workers who might...
LiveMore appoints new Chief Technology Officer
LiveMore has announced the appointment of Peter Wallis as Chief Technology Officer, strengthening its senior leadership team as the...
Interest rates rise to 4% – consumer credit reaction
The Bank of England has announced that it has raised the base interest rate from 3.75% to 4%. The...
Flexys announces customer support technology partnership with The Very Group
Flexys, a provider of technology for supporting customers in arrears or financial difficulty, announces a partnership with The Very...
FTS Recovery acquires IRL
FTS Recovery has strengthened its South Coast presence by acquiring boutique insolvency practice IRL, led by experienced insolvency practitioner Ken Touhey. The acquisition brings IRL into FTS Recovery and the wider Apteus Group, expanding the firm’s regional presence and...
185,000 companies remain in financial distress despite insolvencies fall
New research by the Institute for Turnaround (IFT) finds that more than 185,231 companies remain in financial distress, despite...
Opus Advisory acquires Bretts Business Recovery
Opus Advisory Group, the UK’s largest independently owned restructuring and advisory firm, has announced the acquisition of Bretts Business...
Pressure mounts on retail, real estate and education sectors as insolvency levels increase
Insolvency-related activity rose across several key sectors in the third quarter of 2026, highlighting uneven pressure on businesses, according...
213,000 jobs at risk as business insolvencies remain above pre-Brexit levels
Latest data from Allianz Trade shows that business insolvencies are putting 213,000 UK jobs at risk. The company is forecasting...
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.

