Entries by Stephen Kiely

Tough quarter for business debts

The number of debt decrees registered against Scottish businesses rose by more than a third during the third quarter of 2018, according to figures released today by Registry Trust. There were 754 decrees issued against all businesses in Scotland during Q3 2018, 34 percent more than during the same period the previous year. A 44 […]

Brexit uncertainty is to blame for falling mortgage numbers

John Phillips, group operations director at Just Mortgages and Spicerhaart, says the latest UK Finance figures show that Brexit uncertainty continues hit consumer confidence, and that is having a significant impact on the housing market and it will probably not start to recover until summer 2019: “Brexit, Brexit, Brexit. Whether it is Brexit itself, or, […]

Debt recovery specialists named in prestigious guide

A national team of debt recovery specialists, described as the industry’s “benchmark”, is once again named in the Top Tier of the prestigious Legal 500 guide. The debt recovery team at law firm Clarke Willmott LLP was awarded Tier One status for debt recovery in the South West as well as Tier Two status for […]

CIVEA responds to Citizens Advice call for bailiff regulation

Responding to Citizens Advice claims that it has evidence of widespread problems in the enforcement industry, Russell Hamblin-Boone, chief executive of the Civil Enforcement Association, said: “This report is heavily based on the views of just 277 people who have had contact with bailiffs in the past two years. It is worrying that debt advisers […]

StepChange research shows 4 out of 5 people feel better just three months after advice

To celebrate Talk Money Week (12-18 November), StepChange Debt Charity can reveal new evidence from clients about how taking debt advice is helping them feel better, sleep better, and feel more confident about making ends meet. The charity has introduced a major new rolling client tracking survey to capture information about what kind of differences […]

The Chartered Institute of Credit Management (CICM) and ITN Productions present ‘Credit Experts’

Due to the success of ‘Credit Champions,’ The Chartered Institute of Credit Management (CICM) has partnered with ITN Productions to create flagship news-style programme ‘Credit Experts.’ SMEs are the lifeblood of the UK economy, contributing more than £2 billion annually with this number expected to grow almost 20 per cent by 2025. Presented by national […]

Crisis on our High Street

Dr Gordon Fletcher, retail expert at the University of Salford Business School, comments on todays’ PwC report which found that 14 shops a day have closed on our High Streets for the last six months. Dr Fletcher said: “Today’s report from PwC confirms the conclusion that can be drawn from the slowly drawn out story […]

Atradius publishes new Central and Eastern Europe country report

Businesses trading in Central and Eastern Europe can access key economic and trading insights with a new report from trade credit insurer Atradius. As part of a suite of free publications by Atradius, the latest country report is designed as a trading tool for businesses exporting, or planning to export, to the region. The report […]

Consumer car finance market falls by 7% in September

New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new car finance market fell by 16% in September, compared with the same month in 2017, and the value of new business was 14% lower over the same period. In Q3 2018 […]

Second charge mortgage repossessions remain low in Q3 2018

New figures released today by the Finance & Leasing Association (FLA) show that the number of second charge mortgage repossessions in Q3 2018 was 36, 5.9% higher than in the same quarter in 2017. The annual rate of second charge mortgage repossessions as a percentage of average outstanding agreements at the end of Q3 2018 […]