Jaywing makes three leadership appointments

16th January 2025 Appointments |

Jaywing has announced the appointment of three senior industry experts to expand its capabilities and accelerate growth across key markets. The appointments include Didier Magloire as Head of Asia and Australasia Growth, Jeremy Bryson as Head of Data Management, and David Northen as Risk Transformation Lead. Didier Magloire joins in January 2025 to spearhead growth…

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Asset finance new business fell by 4% in November

16th January 2025 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) fell in November 2024 by 4% compared with the same month in 2023.  In the eleven months to November 2024, new business was 3% higher than in the same period in 2023. The…

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Economy facing stagflation risks

16th January 2025 Commercial Credit Management | #economy

The UK economy is facing increasing risks of stagflation, according to analysis by the ICAEW. UK business confidence fell by the largest amount in two years to hover just above zero, amid record tax concerns and a slowdown in domestic sales growth. The ICAEW’s Business Confidence Monitor (BCM) for Q4 2024 fell by 14.2 points…

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Consumers lack awareness of BNPL costs

16th January 2025 Alternative Consumer Lending | #Buy-Now#Pay-Later (BNPL)

Consumers lack awareness of the true costs of Buy-Now, Pay-Later (BNPL) products, underscoring the need for more awareness of these products, alongside proactive outreach from lenders to those who may be struggling financially according to new research by the or the LSB (Lending Standards Board). BNPL use increased around the Christmas, Black Friday, and Cyber…

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