9th October 2023 - Credit Connect

Former CEO of Carillion disqualified for 8 years

9th October 2023 Insolvency | #insolvency

The former boss of failed outsourcing and construction company, Carillion has been banned by the Insolvency Service from leading a business for 8 years. Richard Howson, who was the Chief Executive Officer of Carillion Plc until 10th July 2017, Carillion collapsed in January 2018 amid debts worth £7 billion, leaving a string of projects in its wake across…

Second charge mortgage new business lending falls by 15%

9th October 2023 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes fell by 15% in August 2023. Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said…

Asset finance grew by 19% in August

9th October 2023 Asset Finance | #asset finance

New figures released by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in August 2023 by 19% compared with the same month in 2022. In the first eight months of 2023, new business was 15% higher than in the same period in 2022. The…

Consumer finance new business falls by 7%

9th October 2023 Consumer Lending | #consumer credit

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business fell in August 2023 by 7% compared with the same month in 2022. In the first eight months of 2023, new business remained 3% lower than in the same period in 2022. The retail store and online credit sector…

Consumer car finance fell by 11% in August

9th October 2023 Consumer Lending | #car finance

New figures released by the Finance & Leasing Association (FLA) have shown that consumer car finance new business fell 11% by both value and volume in August 2023 compared with the same month in 2022. In the first eight months of 2023, new business was 6% lower by both value and volume compared with the…

Data On Demand appoints Client Success Director

9th October 2023 Appointments |

Leeds based alternative consumer data business Data On Demand has announced that it has appointed Caroline Young as Client Success Director. Before joining Data On Demand Young has spent 10 years with Credit Reference Agency TransUnion (previously Callcredit) where she worked across a number of roles in the UK and Europe focused on Client Support,…

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