Target Group, the business process outsourcing and operational transformation provider, has today announced it has been selected by the BBC, following an EU procurement process, to deliver the ‘Simple Payment Plan’ (SPP). Target was awarded a two-year contract with an option to extend for up to a further two years. The Government introduced legislation in…

EDF Energy has announced price rises to its standard variable electricity tariff. The rise will mean that electricity prices will increase by 2.7%, days after British Gas raised prices for 4.1 million of its customers. Béatrice Bigois, EDF Energy managing director of customers, said: “We know that price rises are not welcome and we have worked…

Debt Purchaser Lowell has announced its latest results for its full year ended 31 December 2017. The results show double-digit growth across all key metrics. The addition of the Carve-out Business from Intrum as a new Nordic region, which successfully completed after the close of the period, brings further strategic diversification and growth opportunities for…

The Credit Services Association (CSA) is concerned that new guidelines for debt advisors could keep customers in debt for longer by failing to reflect their true financial position, and in the worst case push them into unnecessary and potentially damaging insolvency. The CSA believes that the revised guidelines – presented by the Money Advice Service…