A recent Flash Composite PMI showed that the eurozone is benefitting from fewer supply and labour market constraints than the UK and US, where growth slowed sharply due to these shortages, and prices rose commensurately higher as a result1. Britain’s economic recovery, following Covid-19 and Brexit, may have slowed as companies struggle with material and staff shortages, but there are options available to help ease the economic challenges faced. Effective use of credit is one.

With COP26, the 2021 United Nations climate change conference just a few weeks away, it’s a timely reminder to everyone that we need to get runaway climate change under control. In this fast moving situation the Premium Credit team is working to protect the environment as part of our ESG strategy.

Over the last few years life has changed significantly for us all. A series of landmark events including Brexit; Covid 19; Tech advancements; climate change and ongoing international trade wars have impacted the way businesses and individuals function.

With the Bank of England predicting UK inflation to top 4% by the year-end; reduced fuel availability crippling many areas of the UK and the furlough scheme ending, the importance of preserving cash flow has never been more relevant. So how can brokers help?

Last year the whole Premium Credit team embarked on an important journey, whilst working virtually, to refresh the company’s purpose, set new values and realign the corporate strategy.

Providing robust payment security is a priority as we protect our customers against fraud. Our commitment to ‘Strong Customer Authentication’ is at the forefront of measures we have in place to ensure industry standards are met and exceeded, safeguarding customer payment details.