Credit, Collections & Insolvency News
John Lewis has announced that it has hired Amir Goshtai to take over as its Director of Financial Services as the department store pushes into the digital retail space. Goshtai joins from credit agency Experian, where his most recent role was Managing Director of Marketplace. He brings over 20 years of entrepreneurial experience in retail…
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Deloitte’s latest CFO Survey has reported a record level of business optimism amongst the UK’s finance leaders. with CFOs anticipate a strong recovery in profits over the next twelve months,. Profit expectations are expected to be back to the previous high seen in mid-2014 at the top of the economic cycle. A brighter backdrop has…
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A survey of over 1,500 firms by the Federation of Small Businesses (FSB) found that confidence was at its highest since 2014 with 51% expecting their revenues to grow over the next three months, the highest proportion since the summer of 2015. Only 24% expected sales to fall. Close to two thirds (58%) of small…
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Secure payment solutions provider PCI Pal has announced the appointment of Mufti Monim as Chief Technology Officer (CTO). Monim joins PCI Pal from Deko, the retail finance cloud technology provider where, as CTO, he led the product and engineering teams, developing a platform used by more than 1700 merchants and processing more than 2 million…
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The impact of the Covid-19 pandemic was the fifth most common reason for debt according to StepChange’s Statistics Yearbook 2020, The report also reveals some noteworthy shifts in client trends and characteristics in 2020 compared with previous recent years. However, the debt charity says that what is equally striking is that all the debt pressures…
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Commercial debt collection specialist, Ko-bolt has launched a new guide that aims to improve cash flow as part of credit management strategy. The publication aims to provide a body of information relevant to readers at all levels within the credit profession,. The company says that the guide contains information on a plethora of credit management…
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