23rd March 2017 - Credit Connect

Central Bank of Ireland publishes Mortgage Arrears and Repossessions Statistics

23rd March 2017 Consumer Collections |

Irish Legal rights group FLAC (Free Legal Advice Centres) has raised concerns over mortgage arrears figures released by the Central Bank of Ireland’s latest statistics on Residential Mortgage Arrears and Repossessions from Quarter 4 in 2016. The group said the data confirms that worrying trends continue where family homes are in mortgage arrears. Over 5,000…

Half of Manufacturing SMEs optimistic for growth

23rd March 2017 Commercial Credit Management |

Almost half of SMEs (49%) across the manufacturing sector have aspirations for growth over the next three months, compared with only 31% six months ago immediately after the EU referendum, according to the new quarterly research from Hitachi Capital’s British Business Barometer. The percentage of SMEs anticipating decline is also down from 12% to 9%,…

Gross mortgage lending hits £18.2 billion in February

23rd March 2017 Consumer Collections |

The Council of Mortgage Lenders (CML) has published it’s latest monthly statistics. The CML estimates that gross mortgage lending reached £18.2 billion in February. This is 8% lower than January’s lending total of £19.8 billion, and closely matches the £18.1 billion lent in February last year. Commenting on market conditions in this month’s market commentary, CML…

FCA publishes limitations on debt permissions webpage

23rd March 2017 Consumer Collections |

The FCA has published a webpage on debt permissions for consumer credit firms, which states that a full permission firm with the permission of debt adjusting or debt counselling with a “no debt management limitation” must review its limitations to ensure they are appropriate. To find out more detail click here.

Duff & Phelps appoint new MD

23rd March 2017 Commercial Credit Management |

Duff & Phelps has announced that Michael Bills has been promoted to a Managing Director in its London office as part of the Restructuring Advisory practice following two successful secondments to leading Asset Based Lending institutions. Bills specialises in providing strategic financial advice and planning to borrowers and lenders with ABL facilities. This advisory work…

GFKL Lowell appoint new COO

23rd March 2017 Consumer Collections |

Craig White has been appointed UK Chief Operating Officer at GFKL Lowell. He will take up his new role on April 3rd, and replaces Andrew Bartle, who is leaving to develop new ventures. White will lead the UK Operations team, which is well placed to maintain the exceptional quality of service it delivers to both…

Bank cheques to be cleared within a day

23rd March 2017 Commercial Credit Management |

The Cheque and Credit Clearing Company (C&CCC) – the organisation that manages the cheque clearing system – has today announced details of the launch of an industry-wide image-based cheque clearing system that will speed up cheque processing significantly for customers across the UK. The new system will go live with some banks and building societies…

FCA announces new Chair for Smaller Business Practitioner Panel

23rd March 2017 Consumer Collections |

The Financial Conduct Authority (FCA) Chairman, John Griffith-Jones, has today announced the appointment of a new Chair for the FCA’s independent Smaller Business Practitioner Panel.Craig Errington, Group Chief Executive of specialist financial mutual Wesleyan, becomes Chair of the FCA Smaller Business Practitioner Panel from 1 April 2017. He has been a member of the Panel…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

Login