Credit, Collections & Insolvency News
The House of Commons has approved the EU Withdrawal Agreement Bill at second reading. Commenting on the approval Chief Executive of UK Finance Stephen Jones said “This vote takes us one step closer to an exit from the EU but is only the beginning of what is required to restore the predictable legal and economic…
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The Queens Speech has received the backing of small businesses welcoming the announcement to tackle late payments with the government saying it will ‘clampdown on late payment more broadly and strengthen the powers of the Small Business Commissioner to support small businesses that are exploited by their larger partners.’ In response to the announcement, the…
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Complaints about water retailers received by the Consumer Council for Water (CCWater) fell for a second successive quarter to raise hopes of a sustained improvement. The water watchdog received 835 complaints from business customers between 1 July and the end of September 2019 – the lowest number it has handled in a single quarter since…
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EDF Energy has announced the appointment of Philippe Commaret to Managing Director of Customers, overseeing the company’s diverse retail business in the UK. Commaret joins EDF Energy from EDF in France, where he was a Director of Sales and previously, Director General of ÉS Énergies Strasbourg, part of a majority-owned subsidiary of EDF Group, which…
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Ofgem has appointed British Gas to take on supplying Breeze Energy’s 18,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. British Gas is offering customers a competitive tariff. All outstanding credit balances, including money owed to both existing and former customers of Breeze Energy, will…
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