Businesses only use 9% of Apprenticeship levy funds

7th March 2019 Commercial Credit Management |

The Department for Education has some way to go before it can demonstrate that the apprenticeships programme is achieving value for money, with numbers of apprenticeships below pre-reform levels, says the National Audit Office (NAO). In 2017, the Department for Education implemented several changes to its apprenticeships programme to shift the focus towards meeting employers’…

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FLA promotes motor finance apprenticeships

7th March 2019 Commercial Credit Management |

The Finance & Leasing Association (FLA) has highlighted its motor finance apprenticeship standard during this week’s 12th annual National Apprenticeship Week. The Government-approved Level 3 apprenticeship standard was launched in 2018, and can be tailored to help both lenders and retailers to employ motor finance specialist apprentices. In an industry where over 90% of private…

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Crowell & Moring hires Partners for London restructuring practice

26th February 2019 Commercial Credit Management |

Crowell & Moring LLP has announced that it will strengthen its ability to advise clients on insolvency and restructuring with the addition of Paul Muscutt and Cathryn Williams as partners in the London office. The Partners join on March 5 from Squire Patton Boggs where Williams led the firm’s Restructuring & Insolvency Practice in London.…

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Duff & Phelps appoints Restructuring Managing Director

22nd February 2019 Commercial Credit Management |

Duff & Phelps has announced that Ben Collett has joined the firm as a Managing Director in its Restructuring Advisory practice. Working across the firm’s Birmingham, Manchester and London offices, Collett will focus on providing advisory services to corporate clients across the UK and Europe. He joins the firm from IMI Precision Engineering, where he…

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Registry Trust appoints Interim CEO

21st February 2019 Appointments |

The Registry Trust has announced that the board has appointed Lex Jones as Interim Chief Executive Officer (CEO) with effect from March 1st. Jones joined the Registry Trust from the Financial Ombudsman Service in 2017. The news follows current Chief Executive Officer, Nick Rossiter’s decision late last year to take early retirement on health grounds Rossiter…

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Paragon Asset Finance expands with new appointments

19th February 2019 Commercial Credit Management |

Paragon Asset Finance has made a series of new appointments as it seeks to grow its lending commitment to British businesses. Jan Greenhalgh is among the recent uptake of new starters as Head of New Business in Asset Finance. She brings a wealth of experience and specialist knowledge and is focusing on delivering, speed, consistency…

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Ageas appoints new Chief Financial Officer

19th February 2019 Commercial Credit Management |

Insurance company Ageas UK has appointed Jonathan Price as its new Chief Financial Officer (CFO) In his role as CFO for Ageas, Price will have primary responsibility for financial planning, management of financial risks, and financial reporting for the UK business. Price has a wealth of knowledge of the UK Insurance industry coming to Ageas directly…

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Finance professionals need to evolve tech skills in the next three years

14th February 2019 Technology and Open Banking |

Most finance teams and professionals are not evolving their skills fast enough to account for the impact of artificial intelligence, robotic process automation and other technologies according to a new research study released by the Chartered Institute of Management Accountants (CIMA). The majority (over 50 percent) of finance leaders globally say the competencies of their…

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Ultimate Finance appoint new CEO

11th February 2019 Commercial Credit Management |

Ultimate Finance has announced that it has appointed Josh Levy as Chief Executive Officer (CEO) Levy succeeds Ron Robson who has served as CEO since 2015. Josh, a serving Board Member of Ultimate Finance, has been working alongside Ron and the leadership team over the last year on the strategy for the growing business and now…

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Big firms set to feel the pain of apprenticeship levy

8th February 2019 Company News |

Big firms will feel the pain of the Apprenticeship Levy this spring when the first wave of levy payments will be wiped from their accounts unless they have invested them in training apprentices according to apprenticeship provider Develop Training Limited (DTL). Companies with payrolls above £3 million have been paying into the scheme since its…

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Workplace pressure contributes to mental health issues for business leaders

7th February 2019 Company News |

Workplace pressure is a major contributing factor to mental health issues among business leaders, according to a new survey from the Institute of Directors, published on Time to Talk Day 2019. Among the 500 directors and managers polled, more than half said they had experienced poor mental health that was in part connected to factors…

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Graydon launches in Ireland

31st January 2019 Commercial Credit Management |

Graydon, a provider of business data, insights, analytics and data-solutions has announced that the business is to launch in Ireland. Graydon has appointed Jonathan Cushley to spearhead its strategic growth in Ireland, where he will be focused primarily on Graydon’s innovative new onboarding platform, an AI-based, turnkey solution that simplifies credit, fraud and compliance processes…

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Haydock Finance appoints new CEO

29th January 2019 Commercial Credit Management |

Haydock Finance has announced the appointment of John Jenkins as Chief Executive Officer Jenkins brings with him over 30 years of experience in finance, having held very senior positions within a number of industry-leading companies including Lloyds TSB, GE Capital & Amicus Finance plc. Jon Wilkinson, Chairman of Haydock Finance, said: “The Board carried out a…

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