The UK economy continues to navigate a complex and uncertain period. While GDP saw a modest expansion of 0.4% in May, following flat growth in April, underlying trends reveal a mixed economic outlook. Inflation has eased significantly, returning to the Bank of England's (BoE) 2% target for the...

The UK economy presented a mixed picture, with notable positives providing a cautiously optimistic outlook. UK inflation moved closer to the 2% target in April, decreasing to 2.3% from 3.2% in March, although services inflation remains persistent.

The UK economy showed resilience in early 2024, with GDP growing by 0.6% in Q1 after contractions in the previous two quarters. GDP per capita increased by 0.4%, marking the first rise in two years. However, the BoE forecasts subdued growth of just 0.2% for Q2.

Amidst ongoing challenges, the UK's economic outlook continues to present a mixed picture. While inflation has eased slightly, particularly in food prices, persistently high inflation in services poses persistent challenges, potentially prolonging higher interest rates and adding pressure on...

London, 20 February 2024 – Pepper Advantage, a global credit intelligence company, announces the appointment of Aaron Milburn as UK Managing Director. Aaron will lead Pepper Advantage’s UK business, which manages a portfolio of £20 billion in assets under management, effective immediately. He is...

29.5% annual jump in arrears across Pepper Advantage’s 100,000+ UK residential mortgage portfolio Arrears reach another post-financial crisis high Direct Debit Rejections, a form of missed mortgage payment and a leading indicator of borrower stress, grew 30.8% year-on-year Pepper Advantage’s...

This report is the latest in a series that tracks mortgage data across Pepper Advantage’s UK portfolio of over 100,000 residential mortgages. It is important to note at the outset that our portfolio has a higher composition of borrowers who qualify for needs-based support and are therefore more...

Joint Venture will see Clay’s Brandable Credit™ Platform integrated with Pepper Advantage’s proprietary loan management and data analytics platform Pepper Advantage invests seed funding; investment and joint venture will transform the fintech sector by providing a single, integrated platform that...

As the leaves fall and the nights draw in, recent data from UK Finance and Pepper Advantage's own Q3 UK credit intelligence report paint a stark picture of the challenges facing the UK mortgage market this winter. The convergence of these reports signals a period of heightened financial stress for...