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Residential sales and prices pick up in London and across the country
Wednesday, 15 November 2017
Residential sales volumes and prices picked up across the country in Q3 2017 according to just released Land Registry data, analysed by London Central Portfolio in conjunction with independent analysts Acadata. Both England and Wales and London showed an improving picture. 
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Public sector outsourcing spikes in Q3 2017
Wednesday, 15 November 2017
The public sector outsourcing market experienced its strongest quarter in 2017 between July and September, as government bodies renewed investment in transforming back-office services, according to the Arvato UK Outsourcing Index. 
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Financial Capability Week encourages people across the UK to #TalkMoney
Tuesday, 14 November 2017
This week (13 – 19 November) sees the launch of the UK’s second Financial Capability (FinCap) Week.  The purpose of this year’s theme #TalkMoney is to encourage people to do just that, to talk about money in the workplace, community and across social media platforms.  Co-ordinated by the Money Advice Service (MAS), the week is organised as part of the Financial Capability Strategy for the UK.
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Smart Money expands Scottish operations
Tuesday, 14 November 2017
Specialist finance broker Smart Money has moved its Glasgow operations to larger premises on the back of a successful 2017. 
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In­ves­ti­ti­ons­bank Ber­lin im­p­le­ments Be­ta Sys­tems' iden­ti­ty ma­na­ge­ment
Monday, 13 November 2017
The staff of the ‘monitoring office’ of Investitionsbank Berlin (IBB) used to have a very tough job. It is their responsibility to regularly check the IT authorizations of the financial service provider’s 850 employees. This means that they also play a key role in ensuring that the bank meets all compliance provisions. However, given the steadily increasing number of regulations for the finance industry, manual verification is a time-consuming and error-prone task. What further complicated matters was that numerous IT systems of IBB were not connected to a central identity access management (IAM) system. For these reasons, IBB introduced the Beta Systems GARANCY Suite.
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Elevate Credit International appoints UK finance director
Monday, 13 November 2017
Elevate Credit International Limited (‘Elevate UK’), the business trading as online lender ‘Sunny’ in the UK, announces the appointment of Alan Lunt as its new Finance Director in the UK.
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30% of 18-25 year olds borrow more than £1000 in past year
Monday, 13 November 2017
A new report from Equiniti, the UK’s leading consumer credit technology and outsourced service provider, finds that nearly a third (30%) of consumers aged 18-25 have borrowed more than £1,000 over the past year, approximately 2 million people according to estimates1 and the highest proportion of any demographic.
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Extra protections for customers in energy debt a welcome step
Friday, 10 November 2017
Ofgem has today announced a £150 cap on charges for installing prepayment meters under warrant for customers in debt, and has banned charges for the most vulnerable.  
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GLAS named ‘Best Trustee Services’ firm by ALT Credit Intelligence
Friday, 10 November 2017
GLAS is thrilled to announce it has won the ‘Best Trustee Services’ award at this year’s prestigious ALT Credit European Services Awards ceremony. GLAS faced a tough crowd in the nominations and tough competition from BNY Mellon, Deutsche Bank, and US Bank. This is the second award GLAS won in relation to its high touch client service. Last year, GLAS was also recognised for its achievement as a leading administrator and was nominated the ‘Best Loan Administration – Client Services’ award.
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Increase in interest rates as personal debts hit new high
Friday, 10 November 2017
This month, the Bank of England announced an increase in the base interest rate for the first time in a decade. This comes as The Money Charity’s November Money Statistics reveal that personal debt has hit a new high of £30,096 per adult in the UK (£1,557 trillion in total).
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Consumer new car finance volumes down 11% in September
Thursday, 09 November 2017
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 11% in September, compared with the same month in 2016, while the growth in the value of new business was flat over the same period. In Q3 2017 overall, new business was up 1% by value, but fell 9% by volume.  
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