Holding its second annual conference yesterday, Sale based financial services provider Harrington Brooks asked delegates to come together as an industry to tackle indebtedness. Building on the success of last year’s event, Harrington Brooks gathered the an array of industry figures across consumer credit, education and local stakeholders, to learn, challenge and debate to create better outcomes for those facing financial difficulty.

The conference, which has fast become a fixture across the industry, comes after a year of worsening conditions for consumers. Household debt is at an all-time high, interest rates for savers remain at record lows and the cost of living continues to rise, placing huge burdens on families across the country.

Yael Selfin, Director and Chief Economist at KPMG UK, delivered the key note speech at the conference, and outlined the findings of her team’s research of how major issues like Brexit and geopolitical trends impact the UK economy.

Yael commented: “I was delighted to deliver the key note speech at Harrington Brooks Dimensions of Debt conference. The debate amongst delegates was very interesting and it was helpful to get ‘on the ground’ insight from those working at the front line of the consumer economy.”

The Dimensions of Debt conference sought to find solutions to these growing concerns and seek to further industry based solutions, including what innovations are likely to disrupt the sector in the coming years. At the end of the conference, Harrington Brooks asked delegates to agree to support its efforts to tackle indebtedness.

Matthew Cheetham, CEO of Harrington Brooks, commented: “For a second year running, Harrington Brooks Dimensions of Debt conference has been a fantastic success. The debate, as it was last year, was interesting and insightful and I would like to thank all those who both spoke and attended for making it such a great event. It’s fast become an industry staple and I hope now that the industry can get behind Harrington Brooks push to tackle indebtedness, and advance important changes for our sector to benefit consumers”.