IN MARCH 2021 CREDIT TODAY launched the Keep Britain Solvent to use the power of the credit industry to help businesses and consumers stay afloat following a series of national “lockdowns”. The campaign aims to provide links between businesses, consumers, lenders and government to minimise both corporate and personal insolvency. The campaign will be extended into 2022, and features a series of surveys, webinars announcements, vlogs and advice.
In commercial credit, issues covered include SME credit, large creditor performance, risk, collections and insolvency, while in consumer credit, the campaign will look into topics such as self-help, open banking, sticking to payment plans, and preparing for the worst.
The previous UK plc webinar in May addressed the issue of UK corporate solvency.