Entries by Stephen Kiely

ECB cuts interest rates and restarts bond-buying – comment

“The ECB has just announced its decision to restart its asset purchase programme (APP) this November, in which €20bn of bonds are set to be purchased each month. Meanwhile, Mario Draghi’s decision to lower the deposit rate for the first time since March 2016, signals towards the ECB’s efforts to kickstart the euro area’s growth […]

The Tall Group strengthens relationship with Handelsbanken

The TALL Group of Companies, the UK leader in the provision of secure paper and electronic payment solutions, has further extended its long-standing partnership with Handelsbanken after securing an initial three-year contract with the leading financial organisation for the provision of cheque books. Under the terms of the agreement, the Group’s Lisburn-based subsidiary DLRT Ltd […]

Consumer car finance market grows by 5% in July

New figures released today by the Finance & Leasing Association (FLA) show that point of sale (POS) consumer car finance new business volumes grew by 5% in July, compared with the same month in 2018, while the value of new business increased by 6% over the same period. The POS consumer new car finance market […]

Consumer finance new business grows by 4% in July

New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 4% in July, compared with the same month last year. Credit card and personal loan new business together grew by 3% compared with July 2018, while retail store and online credit new business remained stable. Commenting […]

Asset finance market grows by 8% in July

New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) overall grew in July by 8% compared with the same month last year. New business for deals of up to £20 million increased by 7% over the same period. The plant and machinery […]

Global financial crime protection specialist appoints chief operating officer

Financial crime and compliance software firm TruNarrative has strengthened its executive-level management team with the appointment of a new chief operating officer, to support the organisation’s growth. Having previously spent 11 years at major UK online retailer N Brown Group, as the company’s director of financial services, Stuart Daniels brings with him high-level expertise in […]

Over half of SMEs have business ambitions they cannot fund

Research from Nucleus Commercial Finance, an alternative finance provider, reveals that more than half (52%) of UK SME owners have business ambitions they feel they are unable to fund. According to the latest research, it’s business owners in the capital who are struggling the most to match their ambitions, with over over three-fifths (61%) of […]

Stonebridge Group outlines strong half-year figures

Stonebridge Group, the mortgage and insurance network, has today (12th September 2019) announced a strong set of trading results for the first six months of 2019, showing an uplift across all three of its core product areas – mortgages, protection and general insurance. Figures for January to June 2019, compared to the same period in […]

Together Financial Services Full Year Results 2018 19

Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and loan providers, is pleased to announce its results for the year ended June 30, 2019. Commenting on today’s results, Mike McTighe, Group Chairman of Together, said: “Together delivered another solid performance during the year, with strong lending volumes at […]