Harry Russell has been appointed as Jaja Finance’s Chief Financial Officer (CFO), becoming a member of the leading digital lender’s executive team. Previously Russell was CFO at RateSetter helping to scale it from a start-up through to its sale to Metro Bank. Prior to this, Russell worked at KPMG and PwC. David Chan, CEO…
Read moreThe Federation of Small Businesses (FSB) is warning that discontinuing government energy support at the end of March would force tens of thousands of small firms to close or downsize. This comes ahead of the publication of the Energy Bill Relief Scheme review, which is due imminently – when the government will decide whether current…
Read moreAnalysis of the latest Bank of England data on average quoted household rates1 from Freedom Finance has shown that the cost of borrowing continues to accelerate placing further pressure on household budgets. Following significant increases in the cost of personal loans in October, this trend continued in November with both £5,000 and £10,000 loans posting…
Read moreThe Enforcement Conduct Board (ECB), the new independent oversight body for the enforcement industry (bailiffs) in England and Wales has announced that it has appointed Chris Nichols as the organisation’s first Chief Executive Officer. Nichols joins from the Legal Services Board, where he has served as Director of Policy and Regulation since September 2018 and…
Read moreAt some point in 2022, 74% of households have avoided turning on the heating despite wanting to. In addition, 55% have turned down the temperature in their home, 50% have reduced the use of their oven and 31% are only heating part of their homes according to new research by abrdn Financial Fairness Trust. The…
Read moreThe Financial Conduct Authority (FCA) is warning festive shoppers of the risk of loan fee scams as fraudsters pile on the pressure at Christmas The FCA says that loan fee fraud this Christmas, with cases already up by a fifth on last year The research shows with the rising cost of living impacting consumers’ finances,…
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