Credit, Collections & Insolvency News
Credit reference specialist, Equifax has announced that it has updated its flagship credit risk product, Risk Navigator 5, with the aim of creating a new standard in powering better decision-making to improve consumer credit outcomes. Developed using the company’s largest ever data set, Risk Navigator 5, has shown potential to deliver a 6% average improvement…
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Nearly a quarter (24%) of employees admit they made a bad decision about debt during the pandemic, according to a new study from Aviva which has examined experiences of personal, workplace and financial wellbeing since early 2020. The figure rise to more than half (51%) of those aged 18-to-24, dubbed ‘Gen-Z’. Amid the turmoil of…
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Regional accountancy, Azets has announced that it will create 650 new roles over the next 12 months. The roles cover all levels from Assistant right through to Partner across a number of service lines including; Audit and Assurance, Accounting and Advisory Business Services, Corporate Finance, Tax, and Restructuring across its UK 80 offices. Anna Murphy,…
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Aspect Software and Noble Systems have merged to create a new company identity. The merger will create a new company brand, Alvaria, that will aim to deliver optimised customer experience and workforce engagement software and cloud services technology solutions. The newly combined company will be led by Patrick Dennis, Aspect President and CEO. Dennis said…
Read moreA Director of a broker company has been banned for taking money despite owing creditors £140,000. The broker who traded while insolvent and failed to pay creditors £140,000 has been disqualified for 7 years. Kathleen Shepherd, from Southampton, was the sole Director of Shepherd Site Services Limited, a company that acted as a broker to…
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A survey of 1,500 small business owners by Hitachi Capital found the extra money firms need to spend on Covid infection-control measures will drag out the financial hit of the pandemic. Office risk assessments, signs, sanitising products, professional cleaning and air filtering systems are forecast to cost small business about £4,850 each on average this…
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Business lender, West One Loans has announced the appointment of Nick Jones as Sales Director In his new role, Jones will be responsible for developing and driving the implementation of the sales and distribution strategy for West One’s bridging and development proposition, and he will lead and grow the existing sales team. With over 21…
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