Credit, Collections & Insolvency News
Philip King, Chief Executive Officer (CEO) of the Chartered Institute of Credit Management (CICM), has been appointed Interim Small Business Commissioner (SBC). King will head the independent Office of the Small Business Commissioner (SBC) in Birmingham. It was launched in December 2017 to ensure fair payment practices for Britain’s small businesses and support them in…
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New figures from the British Retail Consortium have shown that in Q4 2019, the total number of retail employees fell by 1.8% year-on-year, a lower rate of decline when compared to Q4 2018 when employment fell by 2.8%. This is the 16th consecutive quarter of year-on-year decline in the retail workforce, proof that the transformation…
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Alternative specialist guarantor lender, Amigo has launched a strategic business review and opened itself to offers as its group owner signalled that it wants to sell on his majority stake in the company. The group owner Richmond Group is keen to exit guarantor loan firm. Richmond Group, which owns a 60.6% stake in the business, has…
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Insolvency and restructuring firm CVR Global has announced that it has made a key appointment at its Colchester office to broaden its footprint across the region. Marc Potter, who has more than 30 years’ experience in the insolvency industry, has joined CVR Global as an Associate Director and will be based at the firm’s office…
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Flexys has announced that Admiral Financial Services are working with their company to deploy its digital debt management solution. Flexys says that following a straightforward project, Admiral has been able to transfer time-consuming tasks previously done over the phone, into a secure online environment. This has improved the availability of agents and helped to free…
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HM Treasury, following the advice of the board of the Financial Conduct Authority (FCA), has appointed Christopher Woolard as Interim Chief Executive. Woolard will take on the Chief Executive role following Andrew Bailey’s departure to become Governor of the Bank of England. Woolard is currently the FCA’s Executive Director of Strategy and Competition and an…
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A new Collections Technology Think Tank has been launched by Credit Connect Media. The event will examine collections technology strategies to increase effectiveness and efficiency. The inaugural Collections Technology Think Tank powered by Credit Connect will take place on Thursday 11th June at the Marriott Hotel in Leeds. The event will focus on how collections teams can…
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