Credit management services company,  Lowell has announced two changes to its UK leadership team. Kathryn Morgan joins Lowell as UK Customer Operations Director and Nick Ollard becomes UK Client Director, both join the UK Exco and report to UK Managing Director, John Pears. Morgan has a long and broad career in senior positions within the…

Cabot Credit Management will be combined with US collections specialist Midland Credit Management it has been announced by the company’s parent company Encore Capital Group. The company says that it has taken important steps toward its goal of operational simplification and funding optimisation. Cabot Credit Management is one of Encore’s two primary operating units, which…

As the ban on evictions ends in just over three weeks, six leading organisations representing tenants, landlords and letting agents have united to urge the government to provide financial help to private renters plunged into ‘Covid rent arrears’ through no fault of their own. The coalition, which includes Shelter, the National Residential Landlords Association, ARLA…

European credit management specialist Lowell has announced its latest company results for the quarter ending 30th June 2020. The results showed growth in cash income with EBITDA at £120million. Colin Storrar, Group CEO, at Lowell said “I am very proud of these results. We continue to deliver robust performance founded on resilient collections and agile…

The Credit Services Association, the voice of the debt collection and debt purchase sector, has reported the success of its first virtual members’ business update event, one of a series of virtual events which brings together a host of expert speakers who deliver bitesize presentations on specialist subjects and then expand on these at weekly…

European debt purchase and credit management specialist, Cabot Credit Management has announced a pre-tax profit decrease in its latest financial results falling  64% to £14.8 million when compared to 2019 figures, The company has delivered adjusted EBITDA of £342 million over last twelve months Collections decreased as a result of Covid-19, falling by 16% on…

Credit Connect Media is set to launch a series of online digital discussion platforms focusing on technological and innovation developments and strategies within credit and collections Starting in August Credit Connect will launch its new 45 minutes news round-up series discussions with monthly guests analysing the industry developments in an ever-changing world. Titled ‘Connected News‘…

Lowell Financial has appointed two new independent Non-Executive Directors (NEDs). Caroline Marsh and Professor Heather McGregor CBE will join David Gagie as NEDs on the UK Board, together with Group CEO Colin Storrar, UK MD John Pears and UK CFO John Flaherty. Professor Heather McGregor CBE is the Executive Dean of the Edinburgh Business School…

The Credit Services Association (CSA), the voice of the UK debt collection and purchase industry, has appointed Chris Leslie as its new Chief Executive with effect from 1st August. A former MP, Minister and Shadow Minister with proven knowledge of public policy, parliamentary affairs, financial services regulation and consumer credit, he succeeds Peter Wallwork, who…

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