Category Archives: WeeklyUpdate

Some fairly significant news developments this last week, at least for the financial services industry. First off there was the announcement that letters used for the collection of debt, now needed to be in clear English, signpost free debt advice, … Continue reading →

If I was to describe this last week it would be filed under the theme of digital treatment and preparedness. It feels the world is now planning for a crash in October, with associated surge in delinquency volume… albeit with … Continue reading →

Weekly roundup: 24 Sept 2020 This week we saw the latest numbers update on the CBILS and BBLS financial support schemes. It now totals over £53bn in financial support. With the schemes running down, thoughts are now turning to what … Continue reading →

Weekly roundup: 18 Sept 2020 This week we have been talking quite a bit around digital processing and how this can help with the expected wave of economic stress. The accepted timeframe for this is still around October, and not … Continue reading →

Weekly roundup: 11 Sept 2020 More details continued to emerge this week to illustrate the economic pressure, that is underway and growing across the economy. Many consumers appear to have gone into money-saving mode over lockdown – 3.6m are worried … Continue reading →

Gradually over the last few weeks, there has been a gradual return to school and with Labour day in N. America this weekend, the summer will be ‘officially’ over….. this really is another milestone in the return to ‘normal rules’ … Continue reading →

A quieter week this week news-wise, with the main highlight being revised guidelines on payment holiday continuation for customers with mortgages. Those in need can continue to get relief, but at this point, it will start to be reflected on … Continue reading →

This was a week when it felt the economic stresses of lockdown really seemed to starting to show and were reported more widely. All of this still seems to be building towards some sort of crunch point at the end … Continue reading →

Economic news took centre stage this week it seemed… The UK has reportedly plunged into the deepest recession on record shrinking 20%. This is more than our peers in Europe and already impacting jobs, with redundancies up 5 fold from … Continue reading →

This week it felt like the wheels were turning to end many of the support measures in place during lockdown. The FCA had a consultation paper out on whether the payment deferral period and measures should be extended. There is … Continue reading →