Credit, Collections & Insolvency News
Chetwood Bank has announced Mark Foulsham will join its Board as Non-Executive Director. Foulsham brings more than 30 years of experience in information technology (IT), operations and third-party procurement to the role. Foulsham originally qualified as a civil engineer and retained a practical, analytical mindset while subsequently progressing into senior executive roles, overseeing digital and…
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Motor finance customers are likely to receive less than £950 in compensation after the Financial Conduct Authority (FCA) announced it will consult on an industry-wide compensation scheme. Many motor finance firms were not complying with rules or the law by not providing customers with relevant information about the commission paid by lenders to the…
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The percentage of small businesses working on new initiatives to power future growth has fallen to a four-year low (65%) and is significantly down on the start to the year (71% for Q1 2025), according to research from Novuna Business Finance. The tracking study of a representative sample of 1,000 small business owners also revealed…
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