The Financial Conduct Authority (FCA) has published its second thematic review of the debt management sector, looking at commercial and not-for-profit firms that provide debt advice and administer debt management plans to help customers deal with their debts. The FCA’s first thematic review in 2015 found significant concerns with the quality of advice being given…

Almost one in four SMEs see political uncertainty as one of the biggest obstacles facing their business, according to a major survey of over 4,500 small firms. The latest BVA BDRC SME Finance Monitor has found that 24 percent of SMEs now see political uncertainty as a major barrier to their business going forward, up…

More small and newer energy suppliers are failing to meet decent standards of customer service, according to Citizens Advice’s latest energy star rating league table. The charity believes these latest figures and recent supplier failures further highlight the need for Ofgem to tighten the rules on who can get a licence to supply energy. It…

Ofgem has appointed SSE to take on supplying Brilliant Energy’s 17,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. SSE is offering Brilliant Energy’s customers, including those supplied under a ‘white label’ arrangement with Northumbria Energy, a competitive tariff. All outstanding credit balances, including money…

Provident Financial has signed up to the Women in Finance Charter. Provident is one of 36 new signatories to the HM Treasury Women in Finance Charter, a government initiative to improve gender diversity in senior positions within the financial services sector. Committing to be a Charter signatory is part of Provident Financial’s wider equality and…

Law firm Freeths has announced it has appointed Isobel Callaghan as a senior associate to its restructuring and insolvency team in Sheffield. Callaghan has joined from Lupton Fawcett, bringing more than nine years’ experience in dealing with both contentious and non-contentious insolvency matters. Callaghan has advised on corporate insolvencies, including administrations, liquidations and CVAs, and…