Entries by Stephen Kiely

Lowell Q1 2018 Results: a positive start to the year and increased funding flexibility

Lowell, a European leader in credit management services, has delivered another positive set of quarterly results for the period 1 January to 31 March 2018, continuing to deliver on the company’s strategy of sustainable growth and diversification. Performance Highlights › Quarter-on-quarter growth delivered against a strong comparative quarter in 2017. › Continued realisation of portfolio […]

Equifax works with HSBC UK on first live open banking credit application solution

HSBC UK has created the first live use case of open banking for credit applications using the InterConnect platform from Equifax, the consumer and business insights expert. The solution will facilitate quick affordability assessments by allowing individuals to submit their bank transaction information electronically, in less than five minutes, during an application for credit. Each […]

Lender representatives at FSE Manchester question FCA is ‘back tracking on MMR’

Following on from its Mortgages Market Study Interim Report, published earlier this month, a number of lender representatives have questioned whether the contents of the report mean the regulator is pulling back from the measures it introduced as part of the Mortgage Market Review (MMR). Speaking at today’s Financial Services Expo (FSE) Manchester, the premier […]

Together delivers another quarter of strong growth and record lending

Together, one of the UK’s leading specialist lenders, has announced strong growth and record levels of lending in its quarterly results to 31 March 2018, as the group’s loan book reached a new high of £2.78bnt. Building on over four decades of experience, Together continued to grow strongly, with quarterly lending volumes at a record […]

Leap in tribunal awards

The number of tribunal awards registered during the first quarter of the year rose by a half compared to Q1 2017, according to figures released today by Registry Trust. Registry Trust is the Registrar of Judgments, Orders and Fines in England and Wales (on behalf of the Ministry of Justice). In addition, it collects, verifies […]

Subcontractors wary of working with large construction firms following Carillion collapse

Half of subcontractors working within the UK construction sector are wary of working with main contractors, following the collapse of Carillion, according to a new study by specialist financial services provider, Bibby Financial Services (BFS). Findings of the Subcontracting Growth study reveal a shift in attitudes towards working within the supply chains of large construction […]