Credit, Collections & Insolvency News
Silverback Law has announced a legal partnership with Just for enforcement market solutions. Jon Tullock, Commercial Director of Silverback said “We don’t believe in a mechanical approach to client care. Every client is given a tailored service based on individual needs so it’s natural for us to partner with a fellow innovator like Just” Chris…
Read moreA new Work and Pensions Committee report has highlighted the difficulties faced by people claiming Universal Credit. A new report by the Work and Pensions Committee, Universal Credit: the wait for a first payment, has found the current wait of at least five weeks for a first payment is causing financial difficulties for some households.…
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Energy regulator Ofgem has confirmed plans to strengthen protections for customers who are struggling to pay their energy bills this winter. Following a consultation in June, The regulator is introducing new licence rules for suppliers from 15th December. One of the rules will require suppliers to offer emergency credit to customers struggling to top up…
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Research carried out by Cifas, the fraud prevention service, shows that 80% of fraud prevention professionals believe businesses are unprepared for an expected surge in fraud as the Covid-19 crisis presents fraudsters with new opportunities. The results come as part of a survey carried out among professionals from some of the UK’s leading organisations and…
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Business leaders fear a potential double hit from the Covid-19 pandemic and no deal, new figures from the Institute of Directors (IOD) reveal. In a survey of almost a thousand company directors conducted in late September, the majority said that the pandemic would magnify the impact of a no-deal Brexit on their organisation, while less…
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Shop closures have hit record levels with over twice as many net store closures in the first half of 2020 in comparison to last year, according to research by the Local Data Company and PwC UK. The data shows that 11,120 chain operator outlets have closed this year so far, with 5,119 shops opening, creating…
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European credit management specialist, Intrum has announced the appointment of Anders Engdahl as its new President and Chief Executive Officer. Current CEO Mikael Ericson who will leave the company after four years as President and CEO. At the same time, the Board has appointed Intrum’s current Chief Financial Officer Anders Engdahl as new President and…
Read moreUnited Trust Bank (UTB) has appointed Nathan Mollett as the Bank’s new Head of Asset Finance. Mollett joins UTB from Metro Bank where he has been Director of their Asset Finance division since 2015. Nathan is expected to take up his new position at UTB later this year. Mollett is an Asset Finance professional with…
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