The Credit & Collections Technology Awards have confirmed the judges for the 2017 Awards event. The Awards, powered by Credit Connect Media, recognises innovation and technological excellence. The judges include association leaders and credit and collections specialists from a mixture of different backgrounds which gives them expert status to judge finalists and winners. The list of Judges and…
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Credit management firm Anglia UK is further expanding its fleet of trucks in response to growing demand for its transport services. Following a number of new business wins, four custom-built Mercedes trucks have been added to the fleet. The new trucks – supplied by Intercounty Truck & Van Limited and customised by the Roger Dyson…
Read moreAudit, tax and consulting firm RSM has appointed Chris Hardy as a partner in its restructuring advisory practice. Hardy joins RSM from Close Brothers Invoice Finance where he was a regional director responsible for invoice finance and asset based lending teams across London, the South East and East Anglia. Prior to that he held positions…
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Here is an overview of The Money Charity’s latest statistics for September 2017: Personal debt in the UK People in the UK owed £1.548 trillion at the end of July 2017. This is up from £1.489 trillion at the end of July 2016 – an extra £1033.06 per UK adult. Per adult in the UK…
Read moreBottomline Technologies has become a Corporate Partner of the Chartered Institute of Credit Management (CICM). Bottomline Technologies help businesses pay and get paid. The technology and software company has a strong focus on business payments, Direct Debit and cash management, and document automation. Philip King, CICM Chief Executive, is happy to welcome the company as…
Read moreA new report from the Department for Work and Pensions (DWP) says that a five-week wait for Universal Credit has been a major factor in pushing claimants into rent arrears. The report shows that people on the new benefit are falling into rent arrears, with over 2 in 5 saying this was due to problems with…
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The latest SME finance monitor report has showed that 8 out of 10 SMEs are refusing to apply for new finance as a result of Brexit uncertainty. Angus Dent, CEO of Peer to Peer lending platform ArchOver, on why that is the wrong approach for businesses and why a strong UK economy needs companies to…
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Alternative business funding provider, ThinCats, has recruited an Origination Manager for Scotland. Geoff O’Brien will be the key contact for Scotland, leading all new business origination across the region. O’Brien has significant, relevant experience for the position, through his Director level roles at the likes of Santander and Clydesdale Bank, specialising in Business Development, supporting…
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The Bank of Ireland has released its latest arrears and repossessions statistics. The Residential Mortgage Arrears and Repossessions Statistics for Q2 highlights indicate: The number of mortgage accounts for principal dwelling houses (PDH) in arrears fell further in the second quarter of 2017; this marks the sixteenth consecutive quarter of decline. A total of 73,706 accounts…
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UK Finance has released the latest remortgaging date which shows that lending for house purchases in July was lower than in the preceding month but higher than a year earlier. Highlights from the statistics show: First-time buyers borrowed £5 billion, 15% lower than in June but 14% higher than in July 2016. They took out…
Read moreNew figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) for deals of up to £20 million grew by 6% in July, compared with the same month last year. Including high-value deals, new business fell by 1% over the same period. The plant and…
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Businesses may need to take a greater ‘leap of faith’ and invest for the future despite the current uncertainty. In the ICAEW’s latest Economic Forecast, it predicts GDP growth of 1.6% in both 2017 and 2018, 0.8% slower than the average for the past three years. Despite the lack of certainty on Brexit, the economic…
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2016 showed a continued decline of 6% in the number of company insolvencies in the Central and Eastern European (CEEE) region, following a fall of 14% in 2015 according to new reseach by Coface. In all, over the course of last year, six entities per 1,000 became insolvent. This improvement was in line with the…
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