IFRS 9 Impairment explained: Challenges and solutions for 2021 and…
Replacing IAS 39, IFRS 9 financial instruments is an international accounting standard that has introduced a raft of measures that govern how Expected Credit Losses (ECLs) should be calculated and...
Supporting your customers in times of hardship; what does this…
We have shared the severity of impact caused by the covid-19 pandemic. From an economic, and financial perspective, its implications have caused immediate, and lasting impact. Today, a...
Managing increased risk in your commercial lending portfolio
UK businesses have been hit hard by the COVID-19 pandemic. Many can no longer operate due to lockdown and we know from our own economic analysis, that more than half of small businesses hold only...
Experian’s benign CPI forecast broadly unchanged as CPI growth remains…
The Consumer Prices Index (CPI) rose by 0.3% in the year to May, unchanged from April. Other than a spike in CPI in March, due largely to the timing of Easter, inflation has been at 0.3% for every...
New data sharing rules will help 50,000 smaller businesses
Following a Bank of England-commissioned report, changes will be made to credit data sharing rules. The change to the Principles of Reciprocity (PoR) allow trade credit providers who agree to share...
A fifth of all ID fraud aimed at renters
Last year saw professional renters bear the biggest brunt of a surge in identity theft, with one out of five (20%) of all attempts aimed at young professionals living in rented...
Over-50s vulnerable to pension scams
One in four men would spend his pension on a dream holiday. Less than a quarter would seek professional advice about their private...
Which consumers are most at risk of ID theft?
Our Mosaic classification system reveals a host of insights into which demographic customer groups are most at-risk from identity...
Renewed surge in current account fraud
Detected fraud rate for current account applications soared last year from 73 in every 10,000 applications in January, to 156 in every 10,000 applications in December....
Experian expects CPI inflation to remain below 1% for most…
The Consumer Price Index (CPI) rose by 0.1% in the year to November, compared with a 0.1% fall in the year to October. This is the first time inflation has been positive since...
Consumer spending still leading the way
The second estimate of GDP was unrevised from the first, confirming growth at 0.5% q-o-q in 2015q3, after 0.7% in 2015 Q2. Solid growth in services at 0.7% outweighed weakness in manufacturing, where...
Britain’s fastest growing small companies bring prosperity to the UK
A recent report was released regarding Britain’s fastest growing small companies and how they compared region by region. High growth small businesses (HGSBs) are companies that are achieving more...