News
Bluestone snaps up Close Credit Management 26 September 2011
Debt collection agency Close Credit Management (CCM) has been snapped up by the Bluestone Group for an undisclosed fee. Register or log in to read full article
Taxman defends business Time to Pay policy 1 August 2011
HMRC head of enforcement ‘will pursue those who fail to engage’ Register or log in to read full article
OFT threatens Roxburghe’s licence 1 August 2011
Debt collection agency Roxburghe is thought to be appealing against a warning from the Office of Fair Trading that it is minded to revoke the company’s consumer credit licence. Register or log in to read full article
TDR Capital snaps up debt purchaser Lowell 1 August 2011
Exponent Private Equity exits investment after three years Register or log in to read full article
Councils seek parking enforcement 1 June 2011
The London Borough of Barnet has issued a tender for parking services, including enforcement, to be provided for a period of five years with the option to extend for another two. Register or log in to read full article
Regulator shuts down lead generation sites 1 June 2011
The Office of Fair Trading has shut down 19 unlicensed lead generation websites following an investigation. Register or log in to read full article
Water reform consultation floated 1 June 2011
Plans to slash water bills for the most vulnerable UK households were announced in a government consultation last month by the environment secretary Caroline Spelman. Register or log in to read full article
OFT closes credit companies 1 June 2011
Four firms’ licences revoked over misleading debt advice Register or log in to read full article
Insolvency Service hikes bankruptcy fees 1 June 2011
The Insolvency Service is set to increase bankruptcy petition fees on 1 June. Register or log in to read full article
Perjury claim over HBOS merger case 1 June 2011
Campaigners urge government to investigate Register or log in to read full article
UK firms struggling, says Begbies report 1 June 2011
Over 186,000 UK firms are experiencing significant or critical financial problems compared with around 161,000 in the first quarter of 2010, according to Begbies Traynor. Register or log in to read full article
Yorkshire set to merge with N&P 1 June 2011
Enlarged society will have 224 branches Register or log in to read full article
Experian MD takes Santander role 1 June 2011
The managing director of Experian has left to become head of retail at Santander ahead of the bank’s planned partial flotation in the second half of this year. Register or log in to read full article
Irish mortgage lenders ‘face losses’ 1 June 2011
Mortgage lenders in Ireland face huge losses on residential portfolios because of high loan-to-value rates and insufficient infrastructure to deal with increasing rates of personal insolvency. Register or log in to read full article
SMEs accuse Revenue of aggressive collection tactics 1 June 2011
HMRC says it will still back small businesses through time to pay Register or log in to read full article
Gresham eyes other stakes after IND deal 1 June 2011
Private equity firm Gresham has signalled its intention to make further investments in the credit space after obtaining a stake in debt purchaser IND. Register or log in to read full article
Regulator ‘will allow banks to fail’ 1 June 2011
The new Prudential Regulatory Authority will not protect lenders at all costs, says unit head Register or log in to read full article
Banks’ battle over PPI rules collapses in court 1 June 2011
The High Court has ruled against the banks in a legal battle over retrospective regulations for selling payment protection insurance Register or log in to read full article
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