As the Bank of England’s latest money and credit statistics show an increase in consumer borrowing, Citizens Advice says right now more people are seeking help for debt problems from essential household bills. The Bank of England’s figures for January 2017 show consumer credit grew by 10.3% in the year to January to £194 billion.…
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Aldermore has announced that last year it provided over £1bIillon in new lending to SMEs, the backbone of the UK economy. The disclosure comes as the Bank releases its full year financial results for 2016. Aldermore’s Business Finance division comprises Asset Finance and Invoice Finance. In 2016, net loan growth in Asset Finance increased by…
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John Davies, The Just Loans Group PLC and Chairman of the Association of Alternative Business Finance provides background to the launch of the Association of Alternative Business Finance. Why was the AABF set up? Before last year’s AltFi.com annual European Summit a group of alternative lenders and industry commentators had a working dinner to test the enthusiasm for…
Read moreWinding up Petitions have been issued and advertised in the London Gazette for the following companies: 02 ENVIRONMENTAL SURVEYS LTD 10100442 LTD 1ST ALERT STEEL LTD A.J.’S COSTCUTTER LTD ABI BUSINESS SERVICES LTD ABUILDERS LTD AGL AVIATION LTD AGNI WHOLESALE LTD AGP STEEL STRUCTURES LTD AIS (MARINE) 2 LTD ALE WEB LTD ALLANSONS LAW LTD ALTERDERMA…
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Liquidation notices have been issued and advertised in the London Gazette for the following companies: 142 TRADING LTD 350Z LTD 4D LEISURE LTD (CANNOCK) LTD 4U NATIONWIDE LTD 505 ASSOCIATES LTD. 57A LOGISTICS LTD 8 MILE RECRUITMENT LTD A & C LANDSCAPES LTD ACTIVE AIR LLP A G T C BIO PRODUCTS LTD A STEP ABOVE…
Read moreAdministration notices have been issued and advertised in the London Gazette for the following companies: A&R HUGHES (ACADEMY GARAGE) LTD ABBOT GRANGE LTD AGE UK BLACKPOOL AND DISTRICT AGENCY COMMUNICATIONS LTD ASTON STUDENT VILLAGE BLUCARS (BUGBROOKE) LTD BLUE CUBE BUSINESS LTD BRAKEWORLD LTD BRW SERVICES LTD CARING FOR YOU PTS LTD CIRCLE OIL JERSEY LTD CITADEL…
Read moreMazars has announced the appointment of Adam Simpson as partner, who is responsible for the firm’s receivables management team based in Birmingham, Leeds and Edinburgh. Simpson has worked for Mazars for five years. His role as partner is a promotion and he will also continue his position as director of Mazars Receivables Management covering the…
Read moreAberdein Considine has announced a long-term collaboration with Northern Ireland’s Wilson Nesbitt. The UK-wide expansion has been driven by its work with banks and other lender clients, who are increasingly looking to streamline their recovery panels. Rob Aberdein, UK Partner in charge of Lender Services at Aberdein Considine, said the deal with Wilson Nesbitt allows the…
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Disgruntled businesses owed money by the Ministry of Defence should channel their complaints through the Prompt Payment Code if they want a speedy resolution. Philip King, Chief Executive of the Chartered Institute of Credit Management (CICM), says he is disappointed that not a single business reported in the press at the weekend had sought redress through the Code’s challenge process,…
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A significant proportion of small businesses across Britain are preparing to reduce investment and staff costs once business rates rise next month, according to a new survey from the Federation of Small Businesses (FSB). The research finds that more than a third (36%) of small firms expect to see their business rates increase from 1…
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The Insolvency’s Service has announced two new additions to it’s senior management team. Alec Pybus joins as Chief Operating Officer responsible for driving business performance across our frontline services, strategic and workforce planning and budget setting. Pybus previously worked as an operations director driving change at the Royal Mail. He replaces Graham Horne who has…
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NatWest is set to launch a new digital platform to allow small and medium sized businesses to quickly obtain unsecured loans of up to £150,000. Esme Loans gives customers a fast decision on their lending application which, if successful, will result in rapid funding, potentially within an hour. Customers will also benefit from no early…
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Aldermore has appointed Graeme Elliot to its Invoice Finance team. Elliot joins as a Business Development Manager and reports to Stuart Baty, Head of Business Development – South, Invoice Finance. Elliot has over twenty years’ experience providing finance to SMEs, he joins from RBS where, from 1994, he built a career in senior portfolio management and held business…
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