Credit, Collections & Insolvency News
Consumer Credit Solutions (CCS) has announced the appointment of Colin Macpherson as Business Development Manager. He has taken on account management responsibility for home improvement retailers across Scotland. Macpherson has over 40 years’ experience in consumer finance, working mainly for American-owned UK banks specialising in unsecured point-of-sale credit. More recently Macpherson has gained experience in…
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The Financial Conduct Authority (FCA) and the Bank of England (Bank) have outlined their plans to develop their data and analytics capabilities. Both authorities depend on access to high-quality data to fulfil their respective missions of maintaining monetary and financial stability, market integrity, effective competition and consumer protection. The FCA’s refreshed Data Strategy sets out a transformation…
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Insolvencies in the UK steel sector are forecast to rise by 5% in 2020, according to a report from trade credit insurer Atradius. The Atradius annual Market Monitor on the steel sector highlights ongoing challenges for the UK steel industry, which are driving a deterioration in profit margins. Energy costs for British steel producers –…
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Aberdein Considine has announced that it has strengthened its Lender Services Practice Group (LSPG) with the appointment of a UK banking veteran Colin Soulsby as Client Relationship Manager. Soulsby has left his senior role with the Royal Bank of Scotland to join the firm in a newly-created relationship management role. During a four-decade career in…
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The Government has welcomed an independent review that recommends changes to the Loan Charge, while also confirming that it was a ‘necessary’ response to the tax avoidance schemes it was designed to tackle. The Review, led by Sir Amyas Morse, was commissioned to look at the impact of the charge, which was introduced to tackle…
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Together Money has appointed a new UK Head of Field Sales. Sean Williams, who spent over three decades with the Yorkshire Bank has taken up a new role, he will be responsible for the professional sector team of experienced development directors operating in regions across the UK, helping entrepreneurs and SMEs realise their business ambitions.…
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