What Does Record-High Business Confidence Mean for the UK Economy?
In a significant boost to the UK economy, optimism among British…
Inflation and Weather Woes: Why UK Consumers Are Cutting Back on Spending
Recent data from the British Retail Consortium (BRC) highlights a trend…
UK Consumers Tighten Purse Strings as Credit Borrowing Declines
Recent data from the Bank of England indicates a slight decline…
Latest Articles
Inflation falls to lowest level in nearly 3 years- Business and Consumer Credit Sectors Reactions
The latest Consumer Prices Index (CPI) data from the Office for National Statistics (ONS) has revealed that inflation fell to…
Inflation Drops to 2.3%
April’s inflation rate in the UK has dropped to 2.3%, the lowest in over two years, according to the latest…
The Debt Dilemma: 25% of UK Adults Turn to Loans for Basic Necessities
In recent findings by YouGov for StepChange Debt Charity, an alarming trend has surfaced: one in four UK adults, or…
Forecasted Energy Price Cap Drop 7%
Cornwall Insight’s latest forecast for the Default Tariff Cap, set for July to September 2024, brings a glimmer of hope…
Credit Card Rates Rise
Over the last ten years, credit card interest rates have soared disproportionately compared to the Bank of England’s base rate,…
Second Charge Mortgages See Notable Growth in March 2024
March 2024 marked a period of robust performance for the second charge mortgage market, with new business volumes growing by…
Consumer Finance Declines 4% in March
March 2024 has seen a 4% drop in new consumer finance business compared to the same month last year, according…
Financial Challenges of Starting a Family with Short-Term Loan Solutions
In today’s economic climate, starting a family is becoming increasingly out of reach for many, particularly among younger adults. Recent…
Business Lending Set to Surge in 2025: A Look at Future Economic Recovery
The trajectory of bank-to-business lending in the UK is set for a notable turnaround. After a modest increase of 0.5%…
Mortgage Lending Set to Double in 2025: Analyzing the Projections and Business Reactions
The UK housing market is set for a significant boost as mortgage lending growth is projected to more than double…