Entries by Stephen Kiely

Baroness Tyler of Enfield appointed new Money Advice Trust President and Otto Thoresen as an Ambassador

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has today announced Baroness Tyler of Enfield as its new President. Baroness Tyler takes over the role from Baroness Coussins who will remain involved with the charity as an Ambassador. Otto Thoresen, author of the ‘Thoresen Review’ into financial advice that led […]

Business volumes ‘show no signs of slowing’, says SDL Surveying

National residential surveying and valuations firm, SDL Surveying, has today announced that, despite increased lockdown measures, the level of business volume activity throughout October and November has shown ‘no signs of slowing’. October 2020 continued SDL’s recent trend of being its ‘busiest month ever’ for both volumes completed and revenue generated, and the firm said […]

Lowell third quarter results 2020 – Continued resilience, efficiency, and delivery

Lowell, a European leader in credit management services, today announced its results for the quarter ending 30 September 2020. Financial highlights Resilient collections at 93% YTD vs Dec-19 static pool and 102% vs Jun-20 static pool LTM Cash EBITDA margin expansion of +610bps supported by strong cost control, efficiency initiatives and reduced litigation spend Leverage […]

CSA’s reaction to the Chancellor’s Spending Review

Spending Review statement: Chris Leslie’s (CEO of the CSA) reaction to the Chancellor’s Spending Review. “The OBR’s forecast of an economic contraction of over 11% this year and unemployment rising to 2.8million underlines the challenge over the coming years. While debt levels may rise, the ability for some borrowers to sustain repayments may be strained. […]

Just Mortgages receives 750 applicants for Broker Academy

Just Mortgages is holding an Academy in January to bring new blood into the mortgage industry. The broker firm has already received over 750 applicants for its Broker Academy, demonstrating the enormous interest in becoming a mortgage broker. The huge number of applications reflects the sentiment that there has never been a better time to […]

Comment on Chancellor’s spending review from Chirag Shah

Following the Chancellor’s statement today, Chirag Shah, CEO, Nucleus Commercial Finance said: “We’re pleased to see the Chancellor announcing ambitious spending plans, providing much-needed cash injections into the UK economy. After a challenging year protecting jobs is vital, and will help buoy spending supporting SMEs across the UK. The focus on increasing spending in local […]

More help for household budgets needed as part of ‘economic emergency’ support

The Money Advice Trust, the charity that runs National Debtline and Business Debtline has responded to the Spending Review, calling for urgent action to address the household budget emergency facing millions. Joanna Elson OBE, chief executive of the Money Advice Trust, the charity that runs National Debtline and Business Debtline, said: “The Chancellor today spoke […]

FLA response to the Spending Review

Commenting on the Chancellor’s Spending review, Stephen Haddrill, Director General of the FLA, said: “The creation of a National Infrastructure Bank and the £100 billion levelling up fund will help address long-term regional disparities in the UK. “Our asset finance members are very well placed to help. Infrastructure projects by their very nature require specialist […]