Hitachi Capital Business Finance appoints Head of Sustainability

6th September 2021 Commercial Credit Management |

Hitachi Capital Business Finance has appointed Philippe Bazin as the new Head of Sustainable Energy. Bazin brings fifteen years’ experience in commercial roles in the waste and renewable energy sector to this new role. Before joining Hitachi Capital Business Finance, Bazin spent the last eight years heading up the team responsible for lending project finance…

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Over 8,700 shops disappear from High Streets in first six months of 2021

6th September 2021 News |

Over 8,700 chain stores disappeared from retail locations in the first six months of 2021. In total, 3,488 shops opened, compared to 8,739 closures, creating a net decline of 5,251, according to PwC research compiled by the Local Data Company (LDC). Tthere was some reprieve for both retailers and leisure operators, with the number of…

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Research highlights slow payment FTSE companies

6th September 2021 News |

Travel company Tui,  drinks conglomerate Diageo and engine maker Rolls-Royce are among the slowest FTSE 350 listed groups to pay their suppliers, according to new research. A report by Good Business Pays campaign has named and shamed the top 10 slowest payers in the FTSE 100 and FTSE 250 indices, using the latest information submitted…

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Fifth of consumers trying to spend ‘every penny’ of retirement savings

6th September 2021 Consumer Collections |

New research by Canada Life has found that almost a fifth of consumers (17%) who have received financial advice are prioritising making sure they can spend every penny of it in retirement without fear of running out. More than one in ten (13%) will also consider how much of their children’s inheritance they can spend…

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Bank holiday sees consumer transactions activity surge

6th September 2021 Consumer Collections |

Latest Barclaycard data has suggested that the August bank holiday was the busiest for consumer activity since Christmas 2019, with transactions 14.4% up on the same long weekend in 2020 and 9.4% higher than in 2019. The analysis shows Saturday and Sunday saw more transactions than on any day since Christmas Eve 2019, with activity…

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