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New guide for energy suppliers on vulnerability and mental health
Thursday, 12 October 2017
A new guide for energy suppliers has been launched today by the Money Advice Trust and Energy UK to help better identify and support consumers in vulnerable circumstances. The guide, Vulnerability, mental health, and the energy sector: a guide to help identify and support consumers, provides practical tools for frontline staff to use with consumers in a range of vulnerable situations. 
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MMF & Copper Street Capital
Wednesday, 11 October 2017
MMF are pleased to announce the acquisition of a majority interest in Motormile Finance UK Limited (MMF) by Copper Street One Limited, an entity of Copper Street Capital LLP, a UK based specialist financial services investment firm.  This acquisition marks a significant moment in MMF’s history and validates the success we have achieved in building a strong business.  Going forward this new partnership will provide us with capital and resources to build on that success to grow our business and better serve our customers and clients.  The deal closed on 9 October 2017.
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Canada Embraces Cashless Economy; UK Falls Behind Sweden in Cashless Technology Uptake
Tuesday, 10 October 2017
A recent study from Forex Bonuses finds the countries among the 20 largest economies who are adapting quickest to using cashless systems like phones and contactless cards – revealing that Canada narrowly edges out Sweden for the top position. 
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Bad debt soars despite increase in sales and salaries, Creditsafe Watchdog Report finds
Tuesday, 10 October 2017
Debt owed to suppliers across key UK business sectors has risen by 95.4% to £962 million between July and September 2017, eclipsing the 1.5% rise seen at the end of Q2. Bad debt owed to companies also increased by 12.2% to £247million, up 55.6% since the start of the year. This signals a worrying trend for the commercial health of businesses across the UK. 
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TeleWare appoints BT heavyweights to strengthen channel offering
Monday, 09 October 2017
TeleWare, a leading communication technology business, has announced the appointments of Andrew Collis and David Neal. Both individuals bring years of invaluable sales experience to TeleWare, having formerly worked at BT for several years.  
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Second charge mortgage market growth continues in August
Friday, 06 October 2017
Commenting on the August 2017 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance & Leasing Association (FLA), said:  “The second charge mortgage market reported another strong month in August, with new business continuing to grow from a low base.
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Artificial Intelligence to kill paper invoices for accountants
Friday, 06 October 2017
Compleat Software (“Compleat”), the spend and budget management automation software provider, is one step closer to ridding the accounting profession of paper with the release of its self-service purchase invoice capture and approval application, iCompleatInvoice.
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ABA Report: Consumer Delinquencies Show Improvement in Second Quarter
Friday, 06 October 2017
WASHINGTON — Delinquencies in closed-end loans held steady in the second quarter as bank card delinquencies fell and home-related categories continued their return to normal levels, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Overall, delinquencies fell in 8 of the 11 individual consumer loan categories tracked by ABA.    
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Signal Capital raises €725m for credit and real estate funds
Wednesday, 04 October 2017
Signal Capital Partners LLP (“Signal”), the London-based private asset management firm, has raised €725m with an investment strategy targeting credit and real estate special situations. 
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Major Acquisition by Baldwins
Wednesday, 04 October 2017
Baldwins, a market leading accounting, tax and advisory firm who last year joined CogitalGroup to form part of their international business service group, has announced its largest acquisition to date. The firm is expanding into Scotland with two major acquisitions which will see its revenue grow to £89 million.
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Core Contact Provides Seamless Client Partnerships with the Help of Noble Enterprise Cloud Solution
Wednesday, 04 October 2017
Noble Systems, a global leader in unified contact centre technology solutions, is pleased to have been chosen as the cloud contact centre solution provider of choice by Core Contact, a national sector-led subscription management and telemarketing specialist. Core Contact will be utilising the Noble® Enterprise Cloud solution.
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