Credit, Collections & Insolvency News
The Samaritans and the Credit Services Association (CSA) has announced tha launch of a short online learning module aimed at helping debt collection agencies give their frontline staff the latest tips and advice about how to appropriately conduct sensitive conversations with individuals in vulnerable circumstances. The ‘Supportive Listening’ module is being made available to CSA…
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Personal insolvency numbers (bankruptcies and protected trust deeds) in Scotland for Q1 2024-2025 decreased by 2.1% compared with Q1 2023-2024, to a total of 2,056 according to latest accountant in Bankrupcy figures. The number of personal insolvencies (bankruptcies and protected trust deeds) increased by 9% compared to the previous quarter’s total of 1,886 (January-March 2024).…
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Target Group has announced that it has appointed Rob Hanks as Product Manager, the latest in a wave of key specialists appointed to form its Originations team. Hanks appointment brings the team’s number to 12, having grown rapidly this year. Hanks joins other leading industry tech experts including Alastair Knowles, Shruti Kamble, and Alastair Macdonald.…
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More than half (58%) of UK adults going on holiday this summer estimate it will cost them almost £2,000 on average per person, new research from Aviva shows. Nearly three quarters (73%) say it is important to them to go on holiday. Almost two thirds (64%) of holidaymakers surveyed plan to travel overseas this summer,…
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A Bristol builder who overstated the income from his construction companies to secure two Covid Bounce Back Loans totalling £100,000 has been handed a suspended sentence. James Leslie was sentenced to two years in prison, suspended for 18 months, when he appeared at Bristol Crown Court. His father William Leslie and of the same address,…
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A new paper geared at unleashing a new wave of small business exporters has been released by the Government. The Federation of Small Businesses (FSB) was asked to lead on an SME Export Taskforce by Jonathan Reynolds MP when he was Shadow Business and Trade Secretary, to address the fact that only 10 per cent…
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Business insolvency numbers (liquidations and receiverships) in Scotland for Q1 2024-2025 decreased by 3.1% compared with Quarter 1 (Q!) 2023-2024, to a total of 283 according to latest figures from Accountant in Bankruptcy (AiB). The figures also decreased by 6% compared with the previous quarter’s total of 301 (January-March 2024). Richard Bathgate, Scotland Chair of…
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