The Insolvency Practitioners Association (IPA), the membership body and regulator for those specialising in insolvency practice, has appointed Lloyd Hinton as its new President for the coming year. Hinton takes office with immediate effect and serves as the Association’s figurehead and Chair of its board of directors for the next twelve months. Hinton is a Licensed…

A Cardiff-based fintech start-up has strengthened its team with the appointment a new board Director. James Snow is joining SamePage Group as a Board Director. Previously Group Sales Director at Target Group and CEO of the company’s Loan Servicing business, Snow has over 25 years of experience in the sector. With a background in B2B…

Millions of consumers looking to apply for a mortgage, credit, a new mobile phone contract, or even a better utility deal, risk being rejected because of false errors on their credit reports according to research by Amigo Loans. The UK’s largest guarantor lender’s latest research has found that 42% of people who check their credit…

The availability of consumer credit dropped “significantly” in the first quarter of 2018, according to a survey of credit conditions published by the Bank of England. The Credit Conditions Survey asks banks and building societies about the past three months and the next three months as part of the Bank’s role in maintaining financial stability. The Bank…

A new study of over 1600 larger UK retailers with total assets of £5 million or over by Company Watch, the financial analytics firm, found over a quarter were financially vulnerable to rises in interest rate costs this year. Company Watch reviewed the latest published full-year financial accounts of 1625 UK retailers. It found that 392 (24.1%) companies…

Phoenix Asset Management (PAM), independent asset manager and special servicer focused on the management of secured and unsecured non-performing loans (NPL) and unlikely to pay (UTP) portfolios has announced an investment by funds managed by Pimco – as institutional investors. Following the deal, PAM  together with the other founding partners will hold 40% of the…