There was a 12 percent increase in the number of county court judgments against all businesses in England and Wales in the first quarter of 2019, according to figures released by the Registry Trust. The total value of the 35,779 business CCJs was £107.2million, a rise of six percent compared to the same period of…

MotoNovo Finance has announced it has become part of Aldermore, following its successful integration with the UK specialist bank. The announcement comes after Aldermore was acquired by FirstRand group in March 2018, and marks the successful coming together of FirstRand’s UK operations in retail, business and motor finance. The MotoNovo Finance business has been owned…

The Treasury Committee has published a new unanimously-agreed Report on consumers’ access to financial services. The report says access to financial services and financial inclusion are issues of fundamental importance to the Treasury Committee, UK consumers, and also the functioning of the economy. Everyone can be vulnerable at some point, so financial inclusion matters to everybody,…

New figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 11% in March, compared with the same month last year, and also by 11% in Q1 2019 overall. New finance for plant and machinery grew in March by 11% compared with the…

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business fell by 2% in March compared with the same month last year. In Q1 2019 as a whole, new business was at a similar level to Q1 2018. Retail store and online credit new business increased by 4% in…

Trade credit insurer Atradius has announced appointed a new business development manager for its Northern Hub. Chris Williamson joins the Atradius North team as the new SME Business Development Manager, responsible for policy underwriting and developing relationships with the local broker network. He will work alongside colleagues Sally Nolan, Sarah Seddon and Chelcee Witkowski in…

EY has announced that it has appointed a new Director at its restructuring team in Manchester. Sam Mills will specialise in restructuring, refinancing and turnaround work for corporate clients. He joins from PwC where he supported private businesses and larger corporates with situations of change, transition and financial difficulty over a ten-year period. He has…