Credit, Collections & Insolvency News
With Covid-19 restrictions continuing to be lifted, the first glimmers of what ‘post-Covid’ financial life may look like for UK households have started to be seen, according to the April 2021 Money Statistics, produced by The Money Charity. As the UK progresses through the roadmap stages of lockdown easing, alongside the continued vaccine rollout, glimpses…
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Ahead of submitting its formal evidence, UKHospitality has written to the Government urging it to adopt its proposals to help tackle the £2.5 billion rent debt crisis that threatens to wreck the hospitality sector’s recovery and risks further widespread job losses. For more than a year, the trade association has been highlighting the existential threat…
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More than three in four small business owners (78%) are working on plans to strengthen their enterprises in the next 12-months, with the top priorities being to increase sales income (48%), to launch new service lines (28%), reduce the fixed costs (23%) and to build up financial reserves (23%). These new research findings from Hitachi…
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Latest Bank of England (BoE) figures show that UK homeowners borrowed a record £11.8 billion more on mortgages than they repaid in March, with market activity driven by the stamp duty holiday and low mortgage rates. Gross mortgage borrowing hit £35.6 billion in March, with buyers looking to tie up property purchases ahead of the…
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Begbies Traynor has announced the promotion of Joanne Hammond to Partner. Based in the firm’s Sheffield office, she works across the Yorkshire region. Hammond has spent her entire career with the business. Having undertaken work experience in 2007 after leaving university, she went on to become a case administrator and then a case manager. Over…
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Quint Group has announced the appointment of Sheraz Afzal as Legal, Risk and Compliance Director. Afzal will be responsible for overseeing the Legal, Risk and Compliance team, ensuring that Quint Group can efficiently monitor and identify risks to the business. Consistently reviewing regulatory and statutory compliance is an essential part of Quint Group’s activities and…
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Legal and professional services business, Knights has announced that it has agreed to acquire independent commercial law firm Keebles. Established in Sheffield over a century ago, Keebles is a full-service independent law firm with a strong corporate and real estate offering. The acquisition sees 138 fee earners joining Knights, providing entry into Sheffield and complementing…
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OneBanks, the shared branch banking venture, has appointed Andy Willmot, Chief Digital Architect at Lloyds Banking Group, as its first Chief Technology Officer (CTO). Willmot will be responsible for developing and implementing technology strategy for OneBanks as it grows, rolling out more kiosks in high street locations which can be used to access accounts from…
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