Entries by Stephen Kiely

Response to the latest ONS retail sales figures

Ryan Kemp, director of retail at TransUnion (formerly Callcredit) comments on the latest ONS Retail Sales Index: “The retail industry showed strong growth in January 2019 when compared with the previous year, both in terms of the amount spent – which was up 4.3% – and the quantity bought – up 4.0% – which is […]

The Scourge of Late Payments Still Remains

‘Not enough companies take late payments seriously’. That was the message from insolvency and company rescue specialists Forbes Burton following last week’s Spring Statement. Buried towards the end of Chancellor Philip Hammond’s latest economic statement announcement last week was a detail that was somewhat overshadowed by the concern over Brexit. Rick Smith, MD at Forbes […]

FCA Findings the Time for Change is Now

“While the FCA and industry stakeholders will be consulting in the weeks ahead following the regulator’s publication of its report on motor finance, the clarity within the report suggests some of the key changes that are likely to be required. I’m sure we will see the industry moving to affect changes sooner rather than later.” […]

Conveyancing Association supports launch of new Freehold Management Enquiries form

Over 14 cross-industry trade and representative bodies, including the Conveyancing Association (CA) – the leading trade body for the conveyancing industry – have come together to create and endorse a new Freehold Management Enquiries (FME1) form. Those involved in the creation of the FME1 form are urging all conveyancers to use this new standardised questionnaire […]

New programme reveals the vital role of credit management for SMEs

The Chartered Institute of Credit Management and ITN Productions Industry News launch “Credit Experts”, a news and current affairs-style programme exploring the evolving credit landscape – from new technologies and artificial intelligence solutions for managing customer outcomes to essential guidance for small and medium sized businesses. Credit affects both businesses and consumers. For businesses, and […]

Online learning tops university IT wish lists

Online learning tools have been ranked as the most important technology for British universities, proving twice as popular than any other type of tech. A new survey carried out by Jisc and ucisa, also finds that 68% of higher education (HE) digital leaders feel the effective use of this technology is key to digital transformation […]

Reaction to today’s ONS retail figures

There was a little bit of optimism in both the non-retail and fuel sectors but food stores took a little bite. The key findings from the Office for National Statistics showed: In the three months to February 2019, the quantity bought increased by 0.7% when compared with the previous three months, with strong growth in […]

Aspen Bridging increases maximum loan sizes up to £4m

Aspen Bridging has increased its maximum loan sizes up to £4m net for portfolios and £2m net on single properties with immediate effect. The decision – which marks a major increase from the previous limits of £1.5m net for portfolios and £1m net per property – will help the firm expand its offering into larger […]

New platform helps SMEs manage their cash flow

A new online platform built by a team of ex Forbes FinTech 50 CTOs and CEOs promises to help start-ups and small businesses manage their biggest risk factor – cash flow. According to a study conducted by USB, 82% of small business failures can be attributed to poor cash flow management, or poor understanding of […]