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Commercial Credit News
RateSetter and Experian team up to help businesses invest and grow
Friday, 20 October 2017
Peer to peer lender RateSetter and global information services company Experian are today announcing a new partnership which aims to help RateSetter make good credit decisions as it grows its commercial finance operation.
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FSB on First Minister’s economy speech
Friday, 20 October 2017
First Minister Nicola Sturgeon has today delivered a speech outlining her ambitions for Scotland’s economy. 
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Reward Finance continues expansion in North West with key appointments in Manchester
Thursday, 19 October 2017
Alternative funding provider, Reward Finance, is continuing its expansion in the North West having appointed two well-known and experienced finance professionals to its Manchester office.  
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Major HS2 Contracts Mask a Waning Construction Sector
Thursday, 19 October 2017
Infrastructure bounced back sensationally in September with six major HS2 contracts awarded on the month worth a total of £7.2 billion. However, the same can’t be said for the remaining sectors in construction, including housing which saw new orders decrease for the first time in six months. 
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Cautious optimism for small businesses in Q3 according to survey
Wednesday, 18 October 2017
Confidence levels among small businesses have bounced back to similar levels to those in Q1, following a dip as the General Election was held. However, despite the new wave of confidence, the proportion of businesses making investments to help their business grow has dropped. 
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FSB in Scotland on new job figures
Wednesday, 18 October 2017
New statistics published today show that Scotland’s unemployment rate has risen to 4.1% in the three months to August. However this figure is lower than the equivalent UK figure of 4.3%. The share of Scots in employment also increased over the three month period.    
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Aggregate Industries wins 2017 Aecus Automation Award with Rimilia
Monday, 16 October 2017
Aggregate Industries, which quarries, manufactures and supplies building materials to the construction industry, has secured a 2017 Aecus Automation Award for a robotic process automation project with Rimilia.
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Forum of Private Business calls for clarity on the direction of Brexit negotiations
Thursday, 12 October 2017
The Forum of Private Business is calling on the government to clarify the direction of the Brexit negotiations, as Parliament begins to scrutinise the EU Withdrawal Bill. 
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Quantuma appoints Hendrick as Director of Credit Services
Thursday, 12 October 2017
Quantuma, the corporate recovery and business advisory firm, has appointed Mark Hendrick as director of credit services. 
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LBG changes commercial banking management team
Thursday, 12 October 2017
Lloyds Banking Group has announced some changes within the senior management team of its Commercial Banking division. 
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Grayling to look into airline insolvency rules – R3 comment
Thursday, 12 October 2017
Following the news that transport secretary Chris Grayling is to look to reform the rules governing insolvent airlines, Adrian Hyde, president of insolvency and restructuring trade body R3, commented: “The transport secretary’s interest in airline insolvency rules is welcome. The air industry is one of a number of parts of the economy where sector-specific rules on insolvency can make orderly wind-downs or business rescue tricky. Key licences can often be withheld from insolvent companies, for example. More structured wind downs could help improve outcomes for employees, creditors, and customers.
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