The Financial Conduct Authority (FCA) has today announced it is retaining its existing definition of vulnerable consumers in response to its Consumer Approach consultation, with new guidance on vulnerability set to be published next year. The consultation, which was launched in November last year, proposed a new definition for vulnerable consumers. A range of organisations…

Around 17% of companies in Scotland may have suffered a financial hit following the insolvency of a customer, supplier or debtor in the last six months, according to new research from R3 in Scotland, the insolvency and restructuring trade body. The Scottish figure is lower than the proportion of UK companies reporting a negative effect…

A further 67 companies have signed up to HM Treasury’s Women in Finance Charter, including J.P. Morgan, Bupa, Admiral Group, Equifax, Investec Asset Management, and Yorkshire Building Society, taking the total number of signatories to 272. This means that the Charter now covers over 760,000 financial services employees in the UK. John Glen, Economic Secretary to…

The expense system of businesses in the UK is in a farcical state, according to recent research of UK employees commissioned by expense software company Expend. Nearly 1/3 (29%) of respondents have asked friends or family for cash while out of pocket waiting for company expenses to be reimbursed or paid, showing the dire personal…

Financial service technology provider intelligent Environments has announced that after a comprehensive brand review, the company will now become ieDigital. Founded in 1985, Intelligent Environments has secure consumer-facing digital financial platforms for, among many others, HSBC, Lloyds Banking Group and Argos. The new name and refreshed brand identity reflect the natural evolution of the company’s…

Dukes Bailiffs has announced that it has consolidated its senior team with the appointment of Sales Director Rob Jackson. Jackson has joined Dukes with 25 years’ experience in the industry and has moved from Capita where he worked for 20 years. Originally part of the set up of Ross & Roberts, where he was a…

UK consumers saw a 22 percent spike in adverse debt judgments last year, according to national statistics released by TrustOnline. Over the same period the number of online searches by people checking judgment status grew by ten percent. During 2017 nearly 1.2 million judgments were registered against consumers in England, Wales, Scotland and Northern Ireland.…

Credit insurer, Allianz Group has completed the last steps to become the sole owner of Euler Hermes. Following the completion of the simplified tender offer the legal conditions were met and Allianz has implemented a squeeze-out on the remaining shares of Euler Hermes it did not hold yet, followed by the delisting from Euronext Paris…

1 2 3 5