Duff & Phelps has announced that Rob Armstrong has joined the firm as a Managing Director (MD) in its Global Restructuring Advisory practice in London. Armstrong has over 15 years of insolvency experience assisting clients with allegations of fraud, misfeasance and other financial misconduct or improper behavior. He specialises in contentious insolvency litigation, providing solutions…

New Office for National Statistics (ONS) figures show that the number of people claiming Jobseeker’s Allowance and seeking support under the Universal Credit “searching for work” conditionality rose by 69% to over two million between March and April. Federation of Small Businesses (FSB) research shows that close to one in ten (8%) business owners have…

Business decisioning data and analytics provider, Dun & Bradstreet, has announced that it has introduced a COVID-19 Impact Index. The seeks to address the urgent needs of business leaders to better understand the real-time impacts of the pandemic on companies and their network of suppliers and customers. The analysis is based on evolving local conditions…

Commercial finance provider, Independent Growth Finance (IGF) has announced that it has promoted Mike Fletcher as Head of Client Portfolio. Fletcher has been with IGF for three years and moved across the sales team during a successful period as ABL director in London. Mike’s experience of working within ABL portfolio management, includes positions held at…

Manchester-based SME lender B-North has announced a partnership with Leeds-based RegTech platform TruNarrative to provide onboarding and compliance technology TruNarrative’s platform capabilities will be added to B-North’s selected technology stack providers, which already includes core banking from Mambu and loan originations workflow from nCino (the first time that both providers have integrated their solutions together…

The British Business Bank has announced that it has approved two new lenders for accreditation to offer Covid-19 business loans to small businesses across the UK. Tide will join the sixteen other  lenders who have been accredited to the Bounce Back Loan Scheme (BBLS) since the scheme opened last week. Alternative finance lender Liberis has…

Just, the enforcement market integrator has appointed Adam Wonnacott, to head up its technology and innovation team. Wonnacott has extensive knowledge of collections and recoveries, having previously held senior director positions at both Burlington and Marston Holdings, where he spent time as Managing Director of their subsidiary MoretonSmith. Since 2019, Wonnacott has been working with…

The government has announced that a revaluation of business rates will no longer take place in 2021. The announcement aims to help reduce uncertainty for firms affected by the impacts of coronavirus. The legislation had been introduced to bring the next revaluation forward by one year from 2022 to 2021, but following the recent economic impacts of the coronavirus pandemic ministers want to ensure businesses have more certainty during this difficult time. Communities Secretary Rt Hon Robert…

Begbies Traynor has announced that experienced insolvency practitioner Laura Baxter has been promoted to Director. Baxter was appointed to the position of Assistant Manager in 2016, becoming a manager the following year. She was promoted to Senior Insolvency Manager at the firm’s Hull office in 2019. With over 13 years’ experience of providing insolvency advice…

The coronavirus lockdown is causing lasting changes to the way UK companies operate, new figures from the Institute of Directors suggest. In a survey of hundreds of business leaders, four out of ten said their organisation had made adjustments that they intend to keep in place after lockdown. Increased working from home and a greater…

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