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Top story: Teletrack UK to close by end of year

Credit checking firm CoreLogic Teletrack UK is to withdraw from the market at the end of the year, after claiming the changes in the UK’s business environment have limited its ‘market potential’. Read full story

News stories

Idem posts profits of £49m

Idem Capital, the debt purchase arm of The Paragon Group of Companies, has increased its profits to over £49 million for 2015, latest figures have revealed. Read full story

LDF buys First Independent Finance to create ‘largest SME finance provider’

Credit broker LDF has acquired Scottish based asset finance broker First Independent Finance, in a move it says will create the UK's largest independent SME finance provider. Read full story

Mortgage borrowing up by a quarter, says BBA

Gross mortgage borrowing in October was up 26% on the same month a year ago, according to the latest figures from the British Bankers’ Association. Read full story

Winners of the Collections & Customer Service Awards revealed

Credit Today can reveal today the full winners of the Collections & Customer Service Awards from last night’s ceremony in Manchester. Read full story

FCA to discuss problem card debt in exclusive CT webinar

Following the publication of its interim report into the credit card market, the Financial Conduct Authority (FCA) will be holding an exclusive webinar with Credit Today on 2 December to discuss findings and seek feedback from the market. Read full story

Cerberus buys £13bn of state-owned loans

Cerberus Capital Management has won the bidding process to buy a £13bn asset portfolio comprising mortgages and loans issued by the former Northern Rock bank. Read full story

White Paper: IFRS9

Presented by HML Moving the credit industry towards account-level provisioning: how HML can help mortgage businesses and other lenders meet the new IFRS9 regulation Download now

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What you can learn from public sector collections

Public sector collections may seem like an entirely different world to all other types of debt recovery, but there are elements that the private sector can learn, writes Freddie Dawkins, organiser of The Local Authority Civil Enforcement Forum (LACEF)

HMRC needs a lesson on student loans collections

Student loan over-repayments are still creating pressure on HMRC and the Student Loans Company to improve collections processes, writes Lesley Fidler

Why Lowell Group is backing the Credit Today Awards 2016

Samantha Barnard, acquisitions manager at Lowell Group, explains why debt purchaser Lowell Group has already signed up to sponsor two categories for next year’s Credit Today Awards

How we convinced OFWAT to change the rules

Tom Somerville, director at DCA Orbit Collections Group, convinced OFWAT to change its rules; allowing non-FCA regulated DCAs to recover debt for water companies. He explains how the change will help the industry and consumers

What next after the collapse of Kids Company?

Maxine Reid, leader of the Kreston Reeves restructuring and recovery team, unravels the aftermath of Kids Company’s insolvency

How do you build a credit management brand?

Credit management businesses have long suffered when it comes to public image. Here, Andrew Cartwright of brand agency Tribe explains how to give the industry an image overhaul

Has France created a two-tier justice system for insolvency?

Philippe Hameau, Paris-based partner at Norton Rose Fulbright, explains the effects of a new piece of French legislation on corporate insolvency

Cross-border insolvency: what’s on the radar?

Recent research by South Square & Grant Thornton UK has predicted a rise in cross-border insolvency work - Felicity Toube QC, of South Square, looks at what form that rise will take

When regulators become supercreditors

Benjamin Wiles, managing director at Duff & Phelps, explains how regulators can gain controlling interests in regulated firms when they go bust