Credit, Collections & Insolvency News
The Financial Conduct Authority (FCA) has published information for firms on Coronavirus (Covid-19) In a statement, The FCA said that it stands ready to take any steps necessary to ensure customers are protected and markets continue to function well. We are working closely with the Government, the Bank of England, the Payment Systems Regulator and…
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Qualco has announced the appointment of Terry Franklin, as its new Global Business Development Director. Based in UK, Franklin will be responsible for all global business development activities providing strong commercial, sales and consultative leadership to Qualco’s regional Sales Ambassadors thus ensuring the delivery of near-term client needs as well as the longer-term business and…
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The Department for Education has confirmed that Peter Lauener has been appointed as Chair of the Student Loans Company (SLC), taking over the role from Professor Andrew Wathey, who has held the position on an interim basis since 1 February 2020. Professor Wathey replaced Christian Brodie, who served as Chair for six years from January…
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Doorstep lender, Morses Club has announced that Andrew Hayward has left his role as Chief Financial Officer (CFO) with immediate effect. Andy Thomson, a Non-Executive Director (NED) of Morses Club and Morses Club’s previous CFO, will take on the position of CFO on an interim basis and will step down from his current role on…
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Coronavirus poses an existential bankruptcy threat to the hospitality industry according to trade body UK Hospitality. The trade body has warned that thousands of businesses in the UK’s hospitality sector could face bankruptcy following Government advice that people should avoid visiting pubs, restaurants and bars. UK Hospitality. says that during the first in a series…
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Which? is calling for vital fraud protections to be made mandatory, as the consumer champion reveals more than £1 billion is estimated to have been lost to bank transfer scams in just three years. With measures set to come in that should significantly reduce the amount of money lost to this type of fraud, Which?…
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