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Hope Capital's CEO comments on the CML's latest figures
Thursday, 15 June 2017
Jonathan Sealey, CEO at Hope Capital, says: “In light of the snap general election announcement in mid-April, it’s no surprise that home buyer activity in April was down on the previous month, as uncertainty and instability once again plagued the market. Understandably many buyers and sellers adopted the wait and see approach. However, let’s not forget that these figures are still being affected by the weakness in the market following last year’s stamp duty changes. 
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Comment: IoD Study, Hung parliament sinks business confidence
Monday, 12 June 2017
“After the surprising election result, political and economic uncertainty in the UK has risen considerably. The election outcome looks set to further complicate the process of negotiating the UK’s departure from the EU, as the government only has a narrow majority in parliament – and even this looks vulnerable in the context of Conservative MPs’ widely differing views on post-Brexit UK-EU relations. Given the backdrop of an already slowing economy (the UK posted the lowest real GDP growth of all 28 EU economies in Q1 2017), it is not surprising that businesses are beginning to express a lack of confidence. We believe it’s highly unlikely that the first round of Brexit talks between the British government and the EU (scheduled for 19/20 June) will deliver more clarity or significant results. This means that companies will have to wait even longer to assess the impact of these negotiations on their business. 
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Callcredit partners with personal information experts Ctrl-Shift
Monday, 12 June 2017
Callcredit, the UK’s fastest growing and second largest consumer data agency, is partnering with specialist business consultancy, Ctrl-Shift, to interrogate the shifting dynamics in the personal information economy.
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Trade credit insurer Atradius comments on today’s general election result:
Monday, 12 June 2017
Theresa May’s gamble of securing a strong mandate for the upcoming Brexit negotiations has failed, after her Conservative Party lost its absolute majority in Parliament following the UK general election.  
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Hope Capital's Jonathan Sealey comments on Theresa May's deal with DUP
Monday, 12 June 2017
Jonathan Sealey, CEO at Hope Capital, says: “To say that a hung parliament is not what anyone wanted is true.  Everything is up in the air again, with the stability that Theresa May was looking for from this election a distant wish.  As she heads to the Palace this afternoon we have to wonder how tenable her plans to use support from the DUP can be.
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Benson Hersch, CEO of the ASTL comments on the election result
Monday, 12 June 2017
Benson Hersch, CEO of the ASTL says, “As usual, markets hate uncertainty and the result appears to have made everything even more uncertain. This will not help the property nor the economy as a whole. It is likely that this will throw into doubt the government’s plans to implement the long-awaited housing white paper which disappeared from the scene since it was published back in February.
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Reform services trade policies to boost the global economy, OECD says
Thursday, 08 June 2017
Better services trade policy can stimulate inclusive economic growth by promoting access to the information, skills, technology, funding and markets needed for success in an increasingly digital global economy, according to a new OECD report.
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Equifax incorporates income analysis into affordability indicators to support responsible lending
Wednesday, 07 June 2017
Equifax, the consumer and business insights expert, has unveiled a new toolset of creditworthiness and affordability indicators. The indicators incorporate borrower current account turnover data to help lenders make informed, responsible lending decisions through enhanced understanding of a customer’s financial background and estimated income level.
Read more...
 
BEP Systems launches agile underwriting for lenders enabling faster loan completions
Wednesday, 07 June 2017
BEP Systems, the provider of revolutionary web and mobile banking, has designed an ‘Agile Underwriting’ system for lenders.
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UK Corporate confidence in cyber protection contrasts with lack of employee awareness of the threats
Tuesday, 06 June 2017
Two-thirds (63 percent) of UK businesses believe that their organisation is highly protected from attempts by outsiders to gain access to their systems and data, according to a survey by Willis Towers Watson. A similar proportion of organisations (66 percent) maintain that they have the right processes in place to adequately react to privacy and security threats.
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National Credit Regulator to appeal Tribunal judgment in favour of Lewis Stores (Pty) Ltd
Tuesday, 06 June 2017
The National Credit Regulator (NCR) is appealing the judgment issued by the National Consumer Tribunal (Tribunal) dismissing the NCR's referral against Lewis Stores. The referral related to Lewis Stores offering consumers extended warranties that run concurrently with manufacturers’ warranties and the charging of a club fee reflected in consumers' statements of account. 
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