Credit, Collections & Insolvency News
Energy regulator Ofgem has announced that the energy price cap will increase from 1st October for the 15 million customers it protects. Those on default tariffs paying by direct debit will see an increase of £139 from £1,138 to £1277. Prepayment customers will see an increase of £153 from £1,156 to £1309. The regulator says…
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Experts have assessed that £5 billion of state-backed government Covid-19 emergency loans are at risk of not being repaid, far less than feared due to the strong economic recovery. Analysis has suggested that between 5% and 10% of SME businesses that have used the government’s £47.4 billion emergency loans support scheme have missed repayments. although…
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Debt management system supplier, Flexys Solutions has announced the appointment of Ahmed Amin to the role of Chief Revenue Officer. Following the recent appointments of Elizabeth Abbott-Stratford to Chief Financial Officer and Dr David Scholefield to Chief Operating Officer, this latest senior-level appointment focuses on scaling revenue as the company moves into the next phase…
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Specialist finance packager and distributor, Pink Pig Loans has announced the appointment of three new Directors to its board to support its ambitious growth plans. Pink Pig Loans provides specialist finance packaging for financial advisers covering a range of product sectors including first-charge, second-charge, and bridging and commercial. The new board Directors will support James…
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