Commercial Credit Management

Lowcosttravelgroup collapses blaming Brexit vote

http://news.sky.com/story/travel-firm-collapses-blaming-brexit-vote-10502946

New leadership roles as Close Brothers unifies north & south divisions

As part of the changes Ian Steward has been appointed Managing Director of Close Brother Invoice Finance. Steward was previously Managing Director of Close Brothers Invoice Finance North. George May and Fiona Parkinson will now become Commercial Directors for the north and south.

Bibby Financial Services agrees €150 million funding agreement

Bibby Financial Services has announced the fund to support European SMEs. The three-year agreement with HSBC will be available to new and existing SME customers.

New Justice Secretary confirmed

Liz Truss has been appointed the new Lord Chancellor and Secretary of State for Justice. Truss was Secretary of State for Environment, Food and Rural Affairs.

High Court Enforcement Group appoints Karl Harrison

High Court Enforcement Group (HCE Group) has announced that Karl Harrison has joined its management team as Group Manager and Technical Advisor. Harrison is also a member of the board at the High Court Enforcement Officers Association (HCEAO)

Wonga name new Chief Executive

http://www.cityam.com/245332/payday-lender-wonga-name-new-chief-executive

Partner added to CVR Global team

Elias Paourou has been promoted from Director to Partner at CVR Global.

The Insolvency Service plans fee rises for creditors

Fee increases set by the Insolvency Service for corporate and personal insolvencies.

1.3 million people helped by the Money Advice Trust in 2015

  The Money Advice Trust t helped 1.3 million people to tackle their debts and manage their money last year.

Court Enforcement Services acquires Elliott Davies

Uncertainty for businesses and UK insolvency regime following Brexit

“Leaving the EU will have a major impact on the way corporate insolvency works in the UK.   “Domestic insolvency legislation itself is likely to be unaffected, the insolvency profession is involved in a lot of cross-border work in Europe. One key change is that it could become much harder to retrieve assets on behalf…

Santander to launch leasing product for consumers and businesses

Santander Consumer Finance UK (SCF) product to be sold through brokers and dealerships

Leasing Foundation appoints Carl D’Ammassa of Aldermore to its board

Other new appointments to the board include Mike Randall, Jo Davis (Locke Lord), Fran Watson (Siemens Financial Services), Gavin Wraith-Carter (Hitachi Capital Business Finance), Gabriele D’Uva (GE Capital) and John Chadwick (Acquis Insurance Management).