Credit, Collections & Insolvency News
The third national lockdown announced by the Government this week will see the majority of university students stay at home rather than return to their campuses and courses in person. However, staying with families beyond the Christmas break is set to put additional pressure on household finances, according to research from comparethemarket.com. The findings show…
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Business advisory firm Quantuma has appointed leading regional restructuring adviser, Jeremy Woodside as its Managing Director (MD), following a year of strong growth in the firm’s North West practice. Over the last 12 months, the business advisory firm has seen over 100% rise in demand for its services across the region, with headcount in the…
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Secure Trust Bank has named former Tesco Bank MD as its new Chief Executive Officer (CEO). David McCreadie has been appointed as its new CEO after Paul Lyam announced he was leaving to join EQ Group. McCreadie is an experienced banker, who has worked in financial services for more than 30 years, and has been…
Read moreCitizens Advice Scotland (CAS) is warning of a council tax debt ‘explosion’ as the impact of the pandemic makes a bad situation even worse in 2021 as clients have racked up millions in arrears. Council tax debt is currently the number one debt issue the Citizens Advice Bureau network sees. Analysis of figures for 2019/20…
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Half a million private renters in the UK are behind on their rent, with protections against eviction due to expire this weekend, according to new analysis by Citizens Advice. The charity has warned that the news comes as the country enters another period of national lockdown, causing further economic hardship. Renters have already been badly…
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EQ Group announced the appointment of Paul Lynam as Chief Executive Officer (CEO) with effect from 1st April 2021. Lynam will succeed Guy Wakeley who has been in the role since 2014. Lynam joins from Secure Trust Bank where he has been Chief Executive since 2010. Philip Yea, Chairman of EQ, said “I am very…
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