Credit, Collections & Insolvency News
The Insolvency Practitioners Association (IPA) have announced that Paul Smith, their Chief Executive Officer will stand down from his role later this year. Smith joined the IPA in 2021 after a distinguished career in financial services. The IPA says Smith has made significant contributions over the past three years. Under his leadership, the IPA responded…
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Property lender Together has announced that it has promoted Maeve Ward to the role of Head of Intermediary Sales for personal finance. Ward will lead Together’s intermediaries team as they continue to support the Cheadle-based lender’s broker partners with personal finance products including first and second charge mortgages, regulated bridging loans and Consumer Buy-to-Let (CBTL).…
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Consumer confidence has seen a third consecutive monthly rise since March, according to a survey by GfK. The research showed that the Consumer Confidence Index climbed three points in June, reaching minus 14. This increase was driven by growing optimism about the economy, with a seven-point boost in confidence regarding the general economic situation over…
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Money Wellness is calling for the next government to appoint a minister for financial equality to take responsibility for evaluating all government policies to ensure they don’t disproportionately impact the economic wellbeing of certain sectors of society – such as single-parent families. The financial wellbeing platform, which provides free debt support to more than 1,000…
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More that half of business owners (54%) think the latest recession was an opportunity for entrepreneurs, whilst 51% think British entrepreneurship is about to boom. This rises to 57% of serial entrepreneurs, who have started multiple businesses in their time, according to new research from Charles Stanley. The research, has found that the opportunities driving…
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Payments specialist, Shieldpay has announced that it has agreed a partnership with KPMG Law. Shieldpay has been supporting KPMG Law’s corporate clients as an escrow and paying agent provider for corporate and M&A deals since 2020. Following the success of this relationship, built through working on numerous deals with KPMG Law’s UK corporate teams, Shieldpay has…
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A new report by Citigroup has found that over half of banking jobs are at risk of automation. The report found that 54% of banking jobs have a high potential to be automated. The report which analyses the role that artificial intelligence (AI) might play in changing the way both consumers and corporates bank indicated that…
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