Sovereign Capital Partners, the private equity Buy & Build specialist, has announced that portfolio company Bristow & Sutor, the nationwide judicial services and debt recovery group, has acquired debt collection agency (DCA) Credit Style. Bristow & Sutor was acquired by Sovereign in a management buy-out of the business in June 2017. Established in 1977 and…

HMRC has announced a one-year delay to the implementation of the Value Added Tax (VAT) reverse charge until 1 October 2020 after “industry representative raised concerns” about the move. In June, the government published guidance about the so-called reverse charge on the way VAT is collected in the building and construction industry. The changes were…

Recent research carried out by Cifas, the UK’s leading fraud prevention service, has revealed that falsely claiming Single Person Discount is the third most prevalent type of fraudulent activity carried out by British adults. Single Person Discount is where a person claims to live in a single-person household in order to receive a Council Tax…

Credit union network My Community Finance has gone live with an automated decisioning platform (ADP) with LendingMetrics. The adoption of ADP has allowed the London-based network to shift from a hard-coded in-house loan origination system with limited decisioning capabilities, to a fully automated customer origination solution that delivers instant credit decisioning.  Neil Williams, Managing Director…