Choppy Political Waters Ahead for the Credit Industry

Published 31 May 2017

In the first of our new CCTA Podcasts, I talk politics with two Westminster heavyweights — The Spectator magazine’s Political Editor, James Forsyth, and former special adviser to both Tony Blair and Peter Mandelson, Patrick Diamond.

Need for Responsible Credit Grows Dramatically in FCA Authorisation era 

Published 31 May 2017

The need for responsible, fair and transparent short-term credit could be at its greatest ever, as household debt looks set to increase to £15,000 by 2020. Such an increase would mean that access to responsible credit from FCA regulated companies would be essential for many hard-working individuals and families that are just about managing from month to month.

CCTA Taking the Fight to the Politicians

Published 30 May 2017

At a time of major change in both national politics and amongst the trade bodies representing the credit industry, it is essential that businesses have an association capable of fighting their corner in Westminster.  Hence, CCTA is raising its game and doing much more to engage politicians and opinion-formers on behalf of members during the new Parliament from 9 June.

Thatcher is Dead! Long Live the State!

Published 18 May 2017

WHAT TODAY’S CONSERVATIVE MANIFESTO MEANS FOR THE CREDIT INDUSTRY The result of the election seems a foregone conclusion. But manifestos are important nonetheless, not only for the specific policy commitments they contain, but as indicators of the tone and nature of the political debate to come over the next 5 years.

Leaked Labour Manifesto – implications for the credit industry

Published 11 May 2017

A draft copy of the Labour party’s election manifesto was leaked to three national newspapers last night. Leaving aside who might be responsible, what their motivations might have been and what it says about the state of the Labour Party, it gives us a very good idea what our industry can expect if Jeremy Corbyn should will power on 8 June.