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All Recent Credit, Collections and Risk News Stories
FSB: Government action needed to defend bank branch network
Tuesday, 16 January 2018
The UK government must step in to stop hundreds of Scottish communities being left without a bank branch, the Federation of Small Businesses (FSB) has told MPs ahead of their evidence session with RBS executives tomorrow (17 January). 
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UK Finance trends in lending for November - comment from Jonathan Sealey at Hope Capital
Tuesday, 16 January 2018
Jonathan Sealey, CEO at Hope Capital, says “Confirmation of activity in November today shows an upbeat end to the year.  Negativity that arose from the public’s nervousness around Brexit negotations appears to have abated, and espite a rise in interest rates there are still plenty of good deals on offer.  As the figures bear out, people are now taking advantage.  
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UK business sales rise for fourth consecutive quarter, Creditsafe Watchdog Report finds
Tuesday, 16 January 2018
UK sales recorded four consecutive quarters of growth in 2017, rising by 24.91% or £1.77 trillion worth of sales in the last three months of the year. Bad debt also dropped to its lowest point at the end of 2017, with UK businesses chasing an average of £193,014 worth of unpaid invoices in Q4 2017, compared with £271,699 at the start of last year. 
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Surviving the Failure of Carillion and Beyond
Tuesday, 16 January 2018
The knock-on effect of Carillion’s failure is potentially massive, even for subcontractors who didn’t work for them directly, whether that be in South Yorkshire or across the country.  So warns Tim Shore, Managing Director of Sheffield based construction finance and debt recovery specialists CRS Group. 
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Together launches lowest monthly bridging rate
Tuesday, 16 January 2018
Together has published its lowest ever monthly rate for short-term finance of 0.49% for the first six months, to support property investors and landlords buying at auction.  
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Paradigm announce 2017 Lender and Provider Award Winners
Tuesday, 16 January 2018
Paradigm Mortgage Services and Paradigm Protect, the mortgage services and protection propositions, have today announced the winners of their annual Lender and Provider Awards, which is now in its fourth year. 
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Comments on liquidation from R3
Tuesday, 16 January 2018
Tim Cooper, Chair of R3 in Scotland, commented:   "Whenever a large company becomes insolvent, there are consequences for the wider business community, particularly suppliers and sub-contractors whose own survival can be threatened by the loss of a large customer or source of work.
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SMEs affected by Carillion announcement can get one month's interest-free from Just Cash Flow
Tuesday, 16 January 2018
Alternative lender Just Cash Flow PLC has been quick to respond to SMEs impacted by Carillion entering into an insolvency procedure.
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Falcon Group appoints Steve Box to drive UK and Europe growth
Tuesday, 16 January 2018
Leading specialist financier Falcon Group has announced Steve Box, former Bibby Financial Services’ CEO, and HSBC Veteran, as Head of Business Development for the UK and Europe.
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Conveyancing Association launch Landlord/Management Company Restriction Survey with HM Land Registry
Tuesday, 16 January 2018
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has in conjunction with HM Land Registry launched a new survey as part of an informal consultation to gather views on landlord/management company restrictions used to enforce covenants in leases. 
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