Business
Why your credit score is being reassessed this year
A MAJOR shake-up to the UK’s credit scoring system is under way, with millions of people set to see their Experian credit score change before the end of the year.
The move follows growing pressure from banks, regulators and competition within the credit industry, all pushing for a clearer and more accurate picture of how people manage their finances. Although Experian insists the new score will not affect any live credit applications, the update may mean some people see their number rise or fall.
A changing financial landscape
Banks and lenders no longer rely on outdated snapshots of a customer’s financial history. Instead, they increasingly use detailed behavioural data — including how consistently people pay their bills, how they manage Buy Now Pay Later (BNPL) accounts, and whether their credit use is trending up or down.
Experian’s current scoring model was built nearly a decade ago. With the way people borrow and spend now shifting rapidly, the company says its score must match what lenders actually look for.
Competition pushing improvements
Over recent years, rivals such as ClearScore and TransUnion have offered more detailed, modern scoring systems. These platforms allow users to see exactly why their score moves and how certain habits influence their rating.
Experian has been under mounting pressure to modernise. Consumers often complained that an “excellent” Experian score didn’t always match the decisions made by banks, leading to confusion and mistrust. The new scoring model aims to close this gap.
Growing demands from lenders
Banks have also asked for clearer alignment between what they analyse and what customers can see. Lenders now consider factors such as:
BNPL activity and repayment patterns
Trends over time, rather than a single month’s snapshot
How late a payment was (one day vs 30 days)
Recurring spending and affordability signals
Stability factors such as address and account age
The new Experian score will place greater emphasis on these modern indicators, giving users a clearer idea of how applications are assessed.
Regulatory pressure for transparency
The Financial Conduct Authority has repeatedly urged credit reference agencies to improve clarity and reduce misleading scores. With millions now using BNPL services and subscription-style credit, the regulator wants models that reflect the realities of today’s borrowing habits.
Experian’s update is designed to offer more explanation and more transparency, showing customers exactly what affects their score and how to improve it.
What this means for you
Everyone in the UK using Experian will be switched to the new score by the end of the year. The number you see may change — in some cases rising, in others falling — but it will not alter how lenders view any current applications.
Instead, the new score is intended to help customers understand:
which accounts and habits help their rating
which ones lenders see as risks
how BNPL, utilisation and payment history are now interpreted
the actions that make the biggest difference over time
Experian says the new score will remain free and will give a “more up-to-date view” of how lenders assess your credit report.
A more realistic picture
For years, consumer credit scores have lagged behind the systems used by banks. This update brings Experian’s model in line with modern lending, competition across the industry, and the expectations of regulators.
In short: your score is being reassessed because the old one no longer reflects how the financial system works. The new model should offer clearer guidance, more transparency, and a fairer reflection of how you manage your money.
Business
Ty Bert Caribbean Kitchen brings taste of the Caribbean to Newport
A NEW café has opened in Newport, Pembrokeshire, bringing Caribbean flavours to the seaside town — with affordable bed and breakfast accommodation also planned for the near future.
Ty Bert Caribbean Kitchen has opened in the former youth hostel at the old school on Lower St Mary Street.
The venture is being run by Newport local Roberta James, who hopes to reopen the building’s five bedrooms as budget accommodation as soon as possible.

The café, which opened earlier this month, serves Caribbean dishes including jerk chicken, barbecue pork belly and goat curry, alongside more traditional options such as baked potatoes, tea, coffee, hot chocolate, cold drinks and cake.
Roberta said the idea began after she responded to a Facebook post by Newport Town Council asking what the hostel, which had been closed since Covid, could be used for.
Soon afterwards, she was putting together a business plan and submitting it to Pembrokeshire County Council, drawing on her family’s background in catering and hospitality.
“I wanted to bring it back as a hostel but also have a place for the community and somewhere to use for events and groups,” she said.

The Caribbean theme was inspired by a holiday to Antigua.
Roberta said: “I am a foodie and I loved the food there. It was simple and flavoursome.”
She is recreating those flavours with the help of her friend Jason, who is from the Caribbean.
Box meals are available to eat in or take away, with protein mains served with rice, potato, coleslaw and salad for £12.95.
“The menu is perfect for families or for people that like a bit of spice and something a bit different,” Roberta said.
Customers have already been taking meals down to the beach or Parrog, while those eating in can use the downstairs café seating or a large family-friendly room upstairs, complete with big tables and board games.
Roberta said: “The response has been really good. We have had a lot of the locals coming in. They have been really supportive.
“During the Easter holidays we had tourists coming in. They really enjoyed having something different and reasonably priced.”
Ty Bert Caribbean Kitchen is currently open from Friday to Monday, from 12:00pm to 8:00pm, with plans to open on Thursdays later in the season. Diners are also welcome to bring a bottle with their meal.
Roberta said she hopes to open the hostel as soon as possible. Painting parties have already been held to freshen up the two dormitory rooms, two double rooms and one family room.
She is now waiting for Pembrokeshire County Council, which is leasing the property to her, to repair the boiler.
Roberta said transforming the former hostel into boutique budget accommodation, while creating the café, had been a real community effort, with friends and local businesses pitching in.
“There have been lots of lovely people in the community offering to help,” she said. “They want us to succeed, which is really nice.”
More information is available on the Ty Bert Facebook page.
Business
Pembroke Power Station National Grid shutdown power plans
A CALL to site specialist diesel generators at Pembroke Power Station to help keep the lights on in the event of a National Grid shutdown has been lodged with county planners.
In a screening application to Pembrokeshire County Council, RWE Generation UK PLC, through Ove Arup & Partners Ltd, wants to site up to six containerised diesel generators, diesel storage tank(s) and electrical connections at Pembroke Power Station, Pwllcrochan, near Pembroke.
The application site is within the site of the existing Pembroke Power Station, a combined-cycle gas turbine (CCGT) station which began commercial operation in September 2012, with a gross consented capacity of about 2,199 megawatts electric (MWe), replacing the previous oil-fired power station which operated for almost 30 years and was decommissioned in 1999.
A supporting statement says, subject to confirmation, it is considered to comprise permitted development, the scheme “a standalone plant, with its own fuel supply, capable of starting up, operating and shutting down independently from the power station”.
It adds: “It is required only in an emergency to maintain plant status and keep the power station operationally ‘ready’ in the event of a total or partial shutdown of the National Grid system. It is not required for the normal operation of the power station and does not extend its capacity, which remains as already consented, therefore it is not considered a change or extension.”

On need, it says it is mandatory that all electricity generators of over a megawatt have to adopt a new minimum standard of asset resilience; power stations “must be capable of restoring demand on the National Grid electricity transmission system in the event of a total or partial shutdown of the National Grid system”.
“The Power Station does not currently meet this new asset resilience standard, therefore new back-up power, control philosophy and on-site services that support site critical systems enabling the power station to remain ready to operate must be implemented.
“RWE is required to install a new enhanced emergency site auxiliary solution (diesel generators and diesel storage tanks) at the power station for resilience against the failure of the interconnected electricity distribution network into which it is normally connected in order to satisfy the Grid Code requirements by the mandated implementation deadline of December 31, 2026.
“RWE will make operational and fuelling provision, within its new resilience design at Pembroke power station of up to 120 hours, in order to provide capability to a slightly enhanced standard known to be valued by the National Energy System Operator (‘NESO’) in certain emergency network scenarios.”
It says construction is hoped to start in July 2026, lasting approximately nine to 12 months, the main part across the summer months.
The call will be considered by county planners at a later date.
Business
Pembrokeshire St Brides Castle biomass and solar scheme
PLANS for a green energy scheme at a Pembrokeshire former country house which is now holiday apartments have been given the go-ahead.
In an application to Pembrokeshire Coast National Park, HPB Ltd, through agent Acanthus Holden Architects, sought permission for a biomass boiler plant and installation of 16 rows of solar panels to the south of the tennis courts, St Brides Castle, St Brides, along with the removal of two tennis courts, two polytunnels, two sheds and relocation of a container.
Marloes and St Brides Community Council: Supporting
An officer report recommending approval said: “St Brides Castle. Listed Grade II* is a former country house (now holiday apartments) just south-west of the small settlement of St Brides.
“The house and its listed ancillary buildings stand prominently within a large grade-II-registered park and garden. The development site lies immediately south of the registered asset, outside of its boundary.”
It added: “Although in a sensitive location, the proposed scheme is well-screened, utilising an existing hedged enclosure. The proposed panels do not protrude over the hedge line, the proposed extra planting to the south and west providing further screening. The proposed building, also well-screened, is of traditional design, proportions and materials.”
The application was conditionally approved by park planners.
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