Order the Debt Survey 2008

Order the Export Survey 2008

The Credit Management Research Centre was established at the University of Leeds in 1998 with funding from the Institute of Credit Management and commercial sponsors. The Centre has had 10 years of continuous commercial sponsorship amounting to over £0.8m and has received grants from BERR and the ESRC knowledge transfer partnership scheme. In 2007 CMRC was awarded the ESRC prize for the ‘best application of management and social science ‘, for its KTP work with Leeds City Credit Union. Professor Wilson was awarded a ‘certificate of outstanding achievement’ by Leeds University at the Enterprise and Knowledge Transfer Awards, 2006. The University spin-out company, CreditScorer Ltd was born out of CMRC research and provides risk and portfolio management solutions for lenders to the UK corporate sector. CreditScorer was acquired by Bisnode in 2007.

CMRC NEWS

CMRC featured in the Independent on Sunday 17th February 2008 Click here

Professor Wilson has been appointed to a government Expert Working Group to look into issues surrounding the sharing of consumer credit information with a view to improving lending decisions and tackling over-indebtedness. Members of the group include: The Treasury, BERR, the Information Commission, major lenders and credit reference agencies.

CMRC has completed a study for BERR, “An investigation into payment trends and behaviour in the UK 1997-2007”. The report examines the impact of government legislation on the late payment of commercial debts.

Professor Wilson attended a symposium of data analytics organised by HMRC. The symposium was attended by senior members of HMRC and their counterparts in other major economies.

Phd success.
Le Duc Tung, Alena Audzeyeva and Norazman Ismail successfully completed their Phds during 2007. CMRC has now had 7 graduating Phds at LUBS.

CMRC research reported in the Financial Times (2/1/80) “Forecast of rise in company insolvency cases” A report from the Institute of Credit Management, conducted by the Credit Management Research Centre, warns that one in 50 businesses will be insolvent within two years. Professor Nick Wilson, chair in credit management at Leeds University Business School, the author, said: "The relatively high levels of indebtedness in the corporate sector coupled with recent interest rate increases and a decline in business confidence suggest that corporate insolvencies are set to increase by more than 20 per cent in the next two years."

CMRC published the Credit and Debt Survey 2007.
The 150 page report analyses credit and debt in the UK economy and reports the practices of major lenders and debt collection agents.