The  Finance Leasing Association (FLA) has called on the Government and the Bank of England to take urgent action to support the non-bank lending market. New figures to be released next week by the FLA will show that FLA members provided almost £141 billion of new business in the twelve months to February 2020, 2%…

Business advisory firm Quantuma has appointed Darren Mason as a new Partner at the firm’s head office in London. A chartered accountant, Mason has spent 20 years of his career as a partner in restructuring and pensions advisory at Grant Thornton UK, before which he held positions at the Royal Bank of Scotland and PwC.…

Families living in private rented accommodation are more exposed to the current economic shock than homeowners, and could face big rent shortfalls if they lose their jobs despite welcome government support, according to the Resolution Foundation’s latest Housing Outlook. The Housing Outlook examines the impact of the current economic shock on families across different housing…

Credit management services company, Lowell has announced that it has signed up to the C-19 Business Pledge, and comes on the back of Lowell extending its commitments to customers during the coronavirus pandemic. The C-19 Business Pledge was launched by Rt Hon. Justine Greening, and has the backing of a number of other Members of…

High street store, Debenhams has appointed Geoff Rowley and Alastair Massey of FRP Advisory as administrators, with the chain describing the move as a ‘necessary step’ to protect it from the threat of legal action which could see the firm pushed into liquidation. In a statement, the company said “This move will protect Debenhams from…

The Financial Conduct Authority (FCA) has confirmed a package of targeted temporary measures to help people with some of the most commonly used consumer credit products. Following a short consultation the FCA will be going ahead with the proposals outlined last week, which will give firms the flexibility under our rules to provide temporary financial…