Credit, Collections & Insolvency News
Deceased account management specialist, Phillips & Cohen Associates has announced the appointment of Linda Fonner as Global Chief Financial Officer. Fonner is a global finance leader and process improvement specialist, with significant experience overseeing multi-jurisdictional financial planning, strategy, risk & control initiatives for major corporations. Linda brings with her numerous certifications and over two…
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The National Audit Office (NAO) has published a value for money study on the British Business Bank, in particular examining its impact on SMEs’ access to finance and its preparedness to respond to future challenges. The NAO report examines the impact of the British Business Bank on small-medium enterprises’ (SMEs) access to finance and its…
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The impact of Universal Credit (UC) will be felt very differently in different places: something currently being ignored amid growing debates about how to level up economic outcomes across Britain, according to new Resolution Foundation research. The long and winding road report notes that the new parliament will be a critical period for Universal Credit’s…
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Small food and drink producers are being urged to enhance their risk mitigation processes in a sector report by trade credit insurer Atradius. The Food Market Monitor by Atradius reports that with more than 45% of food consumed in the UK imported, exchange rate volatility and its impact on the cost of commodities and food…
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Hitachi Capital has appointed Kim Brien as Chief Information Officer (CIO) to drive forward Group IT and digital operational development at the leading financial services provider. Brien, who brings over 20 years’ experience in Information Technology to the role, has joined from global research and advisory company Gartner, having previously held senior positions at HML,…
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Brightstar Financial has appointed Maria Harris as Technology Consultant. Harris has been formerly Director of Retail Mortgages at Atom Bank. In her new role, Harris will support the development of Brightstar Financials’ technology platforms. Brightstar Group group chief executive Rob Jupp said “Technology plays a big role in this proposition and there are few people…
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Crystal Specialist Finance has announced the appointment of Jason Berry as Group Sales Director. Prior to his new role, Berry worked at Uinsure, Platform Home Loans and St James’s Place Wealth Management. Crystal Specialist Finance managing director Jo Breeden said “We are delighted to be working with Berry, this is a great appointment. His reputation…
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Late payments are hitting the mental health of small business owners, according to research published by Pay.UK, which runs the Bacs Direct Credit and Direct Debit payment services. The research has found that ,ore than a quarter (26 per cent) of SME business owners stress about late payments even when they are not at work;…
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The Government is set to roll out a financial wellbeing programme designed to turn UK into a ‘nation of savers’ by 2030. The Money and Pensions Service (MaPS) says that the initiative will see an extra 2 million people saving regularly within a decade, while 2 million fewer would be using credit cards for day-to-day…
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Mental Health UK’s Mental Health and Money Advice service, the first of its kind, has surpassed two years of helping people experiencing poor mental health with their finances. Financial stress and mental health challenges can all too easily amplify one another. Since November 2017, Lloyds Banking Group has supported Mental Health UK in introducing a…
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