The Office for National Statistics (ONS) has released its latest Quarterly Gross Domestic Product (GDP) figures with first estimates suggesting that the economy grew by 0.4% quarter on quarter in April to June (equivalent to a 1.3% year-on-year increase). Commenting on the results Markus Kuger, Senior Economist at Dun & Bradstreet said  “Today’s data release is…

The Cheque and Credit Clearing Company (C&CCC), which supports the paper clearing system for cheques and credits as well as the Image Clearing System, has appointed Alan McDonald as its first General Manager. McDonald previously held the roles of Managing Director and Director of Planning, Finance and Risk within the C&CCC. He has been with…

Consumer awareness and incentive remain vital to Open Banking success according to Equifax. It now two years on from the Competition and Markets Authority (CMA )market review which initiated Open Banking. Jake Ranson, banking and financial institution expert and CMO at Equifax said “Open Banking was established to encourage competition. It’s well known that current account switching remains…

European credit management specialist Cabot Credit Management (Cabot), has announced the financial results for the six months ending 30th June 2018. Commenting on the figure Ken Stannard, Chief Executive Officer, Cabot Credit Management, said As Encore announces the completion of its acquisition of the remaining interest in Cabot Credit Management, our company has yet again delivered…

Leeds Building Society has appointed Nick Young as its new Director of Business Transformation to further enhance member and colleague experience. Young has a background in commercial management and strategic change delivery. He joins the Society from Lloyds Banking Group customer products team where he was responsible for successfully delivering a number of high-profile change…