Risk.Net: April Credit Data Review

“If Britain is a nation of shopkeepers, it is not presently a happy one. The UK’s looming exit from the European Union has been widely blamed for damaging confidence among employers, which has had the knock on effect of damping wage growth and, in turn, eroding consumer confidence. The rise in import costs stemming from the collapse in sterling that followed the vote certainly hasn’t helped.”

In this series of monthly articles from Risk.net, David Carruthers, head of research at Credit Benchmark, discusses UK retailers’ credit woes amongst other global credit industry trends.

Read the full article here or in the April edition of Risk Magazine.

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Credit Benchmark brings together internal credit risk views from over 40 leading global financial institutions. The contributions are anonymized, aggregated, and published in the form of consensus ratings and aggregate analytics to provide an independent, real-world perspective of credit risk. Risk and investment professionals at banks, insurance companies, asset managers and other financial firms use the data for insights into the unrated, monitoring and alerting within their portfolios, benchmarking, assessing and analyzing trends, and fulfilling regulatory requirements and capital.