Small and medium sized businesses (SME) across Britain wrote off a combined total of £5.8bn of debt in the last financial year, according to research. Read full story
The commercial finance provider for small and medium sized enterprises (SME) IGF, has appointed two new asset-based lending (ABL) directors following the growth of its lending services. Read full story
The value of new business in the consumer car finance market increased 16 percent during the first half of 2016, compared to the same period in 2015. Read full story
The Financial Conduct Authority (FCA) has appointed a former US Federal Bureau of Investigations (FBI) agent in a bid to improve its investigations unit. Read full story
New consumer lender BlueZest will launch this autumn with a product delivering a mortgage decision in just half an hour. Read full story
London is the debt capital of Britain, with more than a half a million of the city’s residents over-indebted, a report claims. Read full story
Energy suppliers have over charged a suspected 10,000 UK gas customers in a measurement mix-up. Read full story
The UK specialist lender and savings bank, Aldermore, reported a 50 percent increase in pre-tax profit for the first half of 2016. Read full story
Good afternoon, and welcome to the car finance newsletter. Sorry for the delay since my last note – apart from the small matter of the UK’s political landscape collapsing faster than Top Gear’s viewing figures, I was waiting for some of the followup work from the car finance conference to come together. Now, however, it’s all ready – and I reckon it’s worth the wait.
Organisers of the Turnaround, Restructuring and Insolvency (TRI) Awards have created a new category for litigation funders in the rebranded scheme, due to popular demand. The new category, Insolvency Litigation Funder of the Year, was created in response to a rise in claims being presented for third party litigation funding across the profession.
Car Finance has become a powerhouses in UK financial services, growing to an unprecedented market size. Yet for all its momentum, it faces an uncertain future. Besides Brexit, changes to the way consumers approach vehicle purchase –even the concept of mobility – are presenting finance houses with challenges and opportunities.
Roll up, roll up - entries are now open for the Collections & Customer Service Awards, celebrating its 10th anniversary this year. The ceremony will take place on 24 November 2016, and returns once again to the iconic Midland Hotel, Manchester.
The Collections and Customer Service Awards returns for its 10th year to recognise the outstanding achievements of the profession.
The Awards have been refreshed. Not only have do they have a new look but 2016 sees the introduction of 11 new categories to reflect the critical work that is now prevalent across the profession. We also welcome back the 10 favourite categories this year, meaning you are well and truly spoilt for choice.
Entry deadline: 26 August 2016
The awards are renowned in the industry for their prestige and accolade and are the place to go to raise your profile. Want to find out more? Click on the buttons above for further details and follow us on social media for regular industry news updates.
Want to find out more? Click on the buttons above for further details and follow us on social media for regular industry news updates
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Nick Ollard, head of debt sale at TDX Group, looks at post debt sale reporting and customer level selling
Charlotte Møller, partner, and Estelle Victory, associate, at Reed Smith explain how legislation changes have affected the reviews of directors' conduct, when companies go bust
Stephen Humphreys, head of propositions at Huntswood, explains how the consultancy adapted the FCA’s identified customer needs into 10 measurable outcomes
Michael Jackson, director of high court services at Marston Holdings, unravels the different measures for court reforms