Credit, Collections & Insolvency News
BSI, the business standards company, has launched a new code of practice that gives recommendations to organisations for protecting vulnerable customers from financial harm that might occur as a result of fraud or financial abuse. Sponsored by NatWest, the code of practice, PAS 17271:Protecting customers from financial harm as a result of fraud or financial…
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Technology specialist Webio has been signed up to take part in specialist google programme. Webio will take part in the Blackbox Connect 20 programme which runs from November 28th to December 8th, and brings founders from top accelerators around the world to take part in a two-week, fully immersive program where they live and work in…
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The Chartered Institute of Credit Management (CICM) has to announced that American Express will be Headline Sponsor of the 2018 CICM British Credit Awards. The Awards recognise best practice and outstanding individual and group achievements. The award winners will be announced at a glittering celebration in London in February. Philip King FCICM, Chief Executive of the Chartered Institute…
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Fife Council wrote off more than £2million in unpaid council tax last year. Latest figures show that Scotland’s third-largest local authority had written off £2,106,525 during 2016/17, up from £1,879,113 in 2015/16. Les Robertson, head of revenue and commercial services at Fife Council, said: “In Fife we have seen year-on-year improvements in the overall collection…
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After the global financial crisis in 2008 that impacted millions of people across the UK, it seems many people believe the current situation offers a positive economic outlook and less doom and gloom. However, have we been too hasty in engaging a better outlook? Have the lessons of the financial crisis really been learnt? Credit…
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We have a strange relationship with money. We tend to treat it like gravity – we can’t see it or control it, but we know soon enough when it works against us. But money is a human creation, something we should be able to shape or reshape in service of a flourishing economy and society.…
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Street UK CIC has released its annual Social Impact Report. The report says that stagnant wages and increasing inflation means that household budgets are being squeezed, with more families racking up unsecured debt. High, uncompetitive interest rates offered to the most vulnerable families can lead to further pressure and becoming stuck in a cycle of…
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