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Industry News 27 Oct 2021

Summary of the 2021 Government Autumn Budget

This year’s Autumn Budget was announced today (27 October 2021), which outlined the next steps of the UK’s Covid-19 economic recovery. Read a summary here.

Industry News 18 Aug 2021

PayPlan nominated for two Consumer Credit awards!

We’ve been announced as a finalist at this year’s Consumer Credit Awards after being voted by our clients to win Best Financial Support Provider and Firm of the Year.

Industry News 7 May 2021

PayPlan appoints new Chief Operating Officer

PayPlan has appointed experienced strategic leader, Tasneem Bhamji, as Chief Operating Officer to transform it’s operation and lead its multi-channel debt advice service to meet increased demand.Tasneem joins the national debt advice provider after her success as Head of Transformation…

Industry News 3 Mar 2021

What could the 2021 budget mean for your finances?

The Chancellor announced the budget on 3rd March 2021 to outline the Government’s financial plan for the coming year and beyond.The announcement was highly anticipated by millions up and down the country, including workers, businesses and low-income households negatively affected…

In other news 2 Mar 2021

From one budget, to another

The 2021 Budget is a time for government to set out their spending plans for the year ahead. But, much like the rest of the year, the nation’s ongoing health and finances crisis is likely to take centre stage.So, to…

Industry News 5 Feb 2021

New virtual enforcement powers for bailiffs

Virtual bailiffs visits to reduce Covid-19 spread Thanks to a High Court ruling in January, bailiff visits no longer have to be done by a bailiff coming round to your house – they can now be done via Zoom, FaceTime or…

Industry News 3 Feb 2021

Financial education needed after Buy Now Pay Later clampdown

PayPlan welcomes the FCA’s decision to clamp down on Buy Now Pay Later (BNPL) credit. They are calling for stronger financial education in the sector.What has happened?The FCA stepped in to help better protect consumers from BNPL debt and other…

Industry News 1 Feb 2021

Financial Wellbeing hub launched

PayPlan launches Financial Wellbeing hubDebt is a major problem in the UK. The effects of Coronavirus over the past 12 months has caused more people to fall behind on repayments and require support with managing their money and mental health.…

Industry News 28 Oct 2020

What Will Happen When the Furlough Scheme Ends?

With the furlough scheme finishing at the end of October, the Government has put a new system in place to try and protect jobs – the Job Support Scheme (JSS). What is the furlough scheme? If you are on furlough,…