Credit, Collections & Insolvency News
New research from Engen Group, the UK based innovation and property business focusing on addressing environmental challenges such as affordable and sustainable housing, reveals that 26% of people with adult children have given them money as a ‘gift’ to help them on to the property ladder. A further 7% have provided them with loans to…
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Specialist bank, Aldermore, has appointed Tim Boag as its new Group Managing Director of Business Finance. Boag has been working on an interim basis at Aldermore, since June last year with overall responsibility for Invoice Finance, Asset Finance and Commercial Real Estate. Tim’s appointment is subject to regulatory approval. Boag joined Aldermore after fulfilling a…
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Legal business, DWF has announced that it has been appointed by Severn Trent, as a retained provider of legal services to its operational businesses. DWF has also been named on the company’s legal services panels for its regulated and services businesses. Following a highly competitive tender process, Severn Trent Water and Hafren Dyfrdwy Cyfyngedig have…
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Credit management specialist Lowell has announced that it has added a digital channel to its client experience with the launch of lowellbusiness.co.uk, its first business-to-business (B2B) website. The new site has been developed by, Chester-based digital marketing agency, Prodo to help Lowell increase awareness of its brand and the range of effective business solutions and…
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When it was suggested in the late 1980’s that telephone collections for serious debt would be a far more effective method of recovery from every prospective the response was ‘our customers will never respond to telephone collections’ – can’t be done. BACs, power diallers, pay by card, web portals – all met with the same…
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The Lending Standards Board (LSB) has announced that Emma Lovell has been appointed as the LSB’s Chief Executive. Lovell joins the LSB from R3, the UK trade association for restructuring and insolvency professionals. She will take over from current Interim Chief Executive Mark Neale. Lovell’s first major task will be to take forward our new…
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A new study at the London School of Economics and Political Science (LSE), funded by MoneySavingExpert.com founder Martin Lewis, will look to find solutions to unchain 170,000 ‘mortgage prisoners’. The research is the latest step in Martin and MoneySavingExpert’s long-running campaign to help homeowners trapped on expensive mortgages. Its aim is to find evidence-based policy…
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Poverty rates fall from 35 per cent to 18 per cent when people move into work – but even sustained employment does not eliminate in-work poverty for too many households, highlighting the need for wider support, according to new research published today (Tuesday) by the Resolution Foundation in partnership with Clarion Housing Group. With almost…
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Credit Connect and Lightico will discuss examine how to accelerate effective collections with digital transformation and will review innovation enhancing collections strategy in an online webinar taking place on Tuesday 11th February. This FREE Credit Connect webinar will look at: Reduce average call times Increase successful collections rates Provide a frictionless/seamless collections process Remove paperwork from…
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In January, the following administration notices have been issued and advertised in the London Gazette for the following companies: A.R.G. (MANSFIELD) LTD AMG DEVELOPMENTS LTD ATLAS CITY GLOBAL LTD BEALE LTD BOTLEIGH GRANGE LTD BREEZE ENERGY SUPPLY LTD BROCKET HALL (UK) LTD BUTTIMER ENGINEERING UK LTD C.E.M.PRESS LTD C45 LOGISTICS LTD CARTERS HAULAGE LTD CCL35…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in January: 2 X 2 LTD 32 DEGREES TANNING LTD 389LOG LTD 6 MUSTARD LTD 607 ENGINEERING LTD 786 EXPRESS LTD A & S WINDOWS LTD ABALAN LTD ABBEY GARDEN MACHINERY LTD ABBOTTS BUILDING CONTRACTORS LTD…
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In January, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 4500 MILES FROM DELHI LTD 4D ELECTRICAL SERVICES LTD AA STAR CLEANING LTD ABACUS ESTATES (LONDON) LTD ABBEY INNS LTD ABSOLUTE ROOFING CONTRACTORS LTD ABUELO COVENT GARDEN LTD ADMIN HELPERS LTD ADVANCED HAIR DESIGN LTD AEMCA…
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A survey of 279 SME manufacturers reported that optimism about the business situation rose at the strongest pace since April 2014 in the quarter to January. The upward swing in growth from the previous quarter was the largest improvement in optimism in a single quarter in the survey’s history (since October 1988). Optimism about export…
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