Credit, Collections & Insolvency News
Amigo has announced a number of changes to the board including the appointment of new non-executive Directors, the Chairman of the Board and the Chair of the Remuneration Committee standing down through an orderly process and the resignation of the CEO. The Richmond Group Ltd has notified the Company of its intention to exercise its…
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The Bank of England has published its latest lending figures. The figures show that high loan to value (LTV) mortgages advanced in the three months to September accounted for the largest share of overall mortgages in more than a decade. Quarter three statistics from the Bank of England revealed that the share of lending above…
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More companies across England and Wales are opting for voluntary rather than compulsory liquidation because of rising Government costs, an insolvency expert has said. The Insolvency Service’s report, published by the Government, showed company insolvencies increased slightly in Q3 2019 compared with Q2 2019. According to the report, the increase was primarily driven by a rise…
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The majority of leaders of small and medium enterprises (SMEs) across the country have plans to brush up their skills in 2020, according to new research from Hitachi Capital Business Finance. New research showed that 69% were planning on attending courses next year, with leaders in the manufacturing (82%), legal (85%) and transport (73%) sectors…
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Specialist asset-based lender, Ultimate Finance has helped to take a company from administration to success in six months. Brookes HC Recruitment has a complete company turnaround after Ultimate Finance provided invoice finance and back-office support. The specialist asset-based lender supported Brookes through administration, providing the company with a £400,000 invoice finance facility to guide the…
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Business process services and software provider Target Group has announced the appointments of public sector expert Richard South who has joined as Business Development Director and Helen Adams as Bid Manager. Reporting into Chief Commercial Officer, Stuart Anderson, South will be drawing on over 20 years of client services experience, focusing primarily on public sector…
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