Entries by Stephen Kiely

Virgin Money appoints Susan Poot as Group Chief Risk Officer

Virgin Money today announces the appointment of Susan Poot as Group Chief Risk Officer, with effect from 24 January 2022. Susan joins Virgin Money from ING Bank, where she spent over 20 years in a number of commercial and risk roles, the most recent of which was Chief Risk Officer, Retail Banking. In this role […]

Aryza Group signs definitive agreement to acquire Collenda

Aryza Holdings Limited (Aryza) has today announced it is accelerating its European roll-out through the acquisition of Collenda, a leading DACH and Benelux credit management software provider. Collenda provides an end-to-end integrated credit lifecycle platform for banks, corporates, and debt collection agencies. It covers the entire credit value chain from origination and servicing to collection […]

Shoppers wrapped up their Christmas shopping a little earlier this year

“Shoppers wrapped up their Christmas shopping a little earlier this year, as the spectre of Omicron turned traditional footfall trends on their head, and led to eerily quiet highstreets over the festive period. November’s retail sales were comparatively high, but challenging trade conditions, a wave of Covid, and restricted consumer spending power all conspired to […]

Consumer finance comment on ONS retail figures

“December was always going to be a chilling prospect for retailers, many of whom spent the month wrestling with supply chain disruption, an inflationary headache and related cost-of-living crisis, and a Covid wave that saw footfall dive 18% below pre-pandemic levels. All that disruption was enough to dissuade shoppers from filling their baskets, and their […]

Property sales bounce back in December, but this may be a blip

Property sales (non-seasonally adjusted) rose again in December – up 11.8% from November, but down 14.6% from a year earlier. It’s the third busiest December for the past decade. Sales over the 2021/22 tax year so far are still higher than any other year for the past decade (1,084,630). HMRC published monthly property sales for […]

Still deals to be had – Comment on the HMRC property transactions

Following the property transaction figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “Although December is one of those months when many push to get their house purchases over the line before Christmas, it is nonetheless encouraging to see that activity increased compared to October and November. “With the potential for another […]

Challenger Bank shortlisted in three categories in UK’s largest business finance awards

A UK Challenger Bank set up less than five years ago has been named as a finalist in three categories in the largest business finance awards ceremony in the UK. Redwood Bank has been shortlisted in the ‘Best Business Variable Rate Deposit Account Provider’ category at this year’s Business Moneyfacts Awards. The Bank, which won the award in 2019, 2020 and 2021, is looking to see a repeat of its success in previous years. The Bank’s growing reputation […]

TransUnion Raises Over £18,000 for Save the Children and Strengthens Commitment to Colleague Volunteering Scheme

TransUnion, a global information and insights company and one of the UK’s leading credit reference agencies, has been proudly supporting Save the Children, raising over £18,000 for the charity thanks to a range of fundraising activities over the past two years. This comes as TransUnion strengthens its ongoing commitment to supporting charities and local communities, […]