| This Week's News - 6 June 2014 | Government urged to be clearer on late payment issue
The ICM says that it is disappointed that the Department for Business, Innovation and Skills (BIS) has once again ‘ducked the issue’ regarding the rights of business to challenge ‘grossly unfair’ terms by failing to define what grossly unfair terms might be. Responding to BIS’ response to the Building a Responsible Payment Culture consultation published today, Philip King, Chief Executive of the ICM, says the Government is right not to be setting a maximum payment term of 30 days (outside of the public sector) but wrong not to be clearer on when such terms are unfair: “What is critical is the certainty of payment... Read more here... |
|
Booking for CCR-interactive 2014 is now open! Now in its 8th year, the event will again feature the key elements that have made it such a success. So book before the extended deadline of 30 June to claim your Early-Bird Discount. To book your place, please contact Alison on 01702 341948 or atalison@ccrmagazine.co.uk. Or to be a part of the day, contact Gary on 07785 268404 or gary@ccrmagazine.co.uk.
|
♦ More than 11% of English league football clubs facing ‘severe financial pressure’ as season ends In the first season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play rules, the overall health of... |  |
♦ Funding for Lending Scheme – 2014 Q1 Usage and Lending data The Bank has published data on the use of the Funding for Lending Scheme (FLS) showing, for each group participating in the FLS Extension, the net quarterly flows of lending to UK businesses... |  |
♦ Should The Police Be Working With Bailiffs? (CCR-PS APP) On 6 April, new regulations were introduced on bailff reform, and time alone will tell whether or not the regulations go far enough to 'curb aggressive bailiffs'. In the December edition of CCR-PS, I wrote... |  |
♦ BBA Q1 2014 SME lending statistics Commenting on the publication of the Bank of England’s Q1 Funding for Lending Scheme statistics and the BBA’s latest figures on lending to SMEs, BBA Chief Economist Richard Woolhouse said: “Funding... |  |
♦ Managing And Motivating The Credit Control Team (CCR WorldAPP) During the 20 plus years that i have been involved with the managing of credit control teams, there have definitely been some challenges along the way. In my first role as a credit manager... |  |
♦ New advice on preventing nuisance calls Consumers now have easier access to information about preventing and dealing with nuisance calls and messages, following the launch of new consumer guides from Ofcom... |  |
♦ Discussion paper on securitisation and credit data The Bank is today publishing two Discussion Papers, one in conjunction with the European Central Bank on the securitisation market, and the second on improving the availability of credit data. Both of... |  |
| ♦ Using The 'Fraud Hub' To Fight Tenancy Fraud (CCR-PS APP) |
| ♦ ICM UK Credit Managers' Index sees highest score yet as recovery continues |
| ♦ Lending for SMEs contracts again, but the FLS has lessened the issue |
| ♦ FCA says logbook lenders must raise standards |
| ♦ Swedish Consumer Confidence Down (CCR World APP) |
| ♦ Hometrack housing survey indicates start of a slowdown in house price growth |
| ♦ One year after FSA’s dissolution, how are the PRA and FCA doing? |
| ♦ Do you have double compliance standards? |
| ♦ Local Government Running Surplusses (CCR-PS APP) |
| ♦ “Hot, bright and soft spots -Who could make or break global growth? |
| ♦ FCA calls on insurance intermediaries to better manage conflicts of interest |
| ♦ Help to Buy effect is muted on basis of numbers, says CML |
| ♦ Public Pay Falls As Private Pay Rises (CCR-PS APP) |
| ♦ First-time buyer lending in London up on same period last year by 29% |
| ♦ House purchase lending in Scotland up 23% in first quarter |
| ♦ First-time buyers in Wales up 30% in first quarter |
| ♦ First-time buyers in Northern Ireland up 33% in quarter one |
| ♦ Latest Changes To National Standards (CCR-PS APP) |
| ♦ More multi-million pound carbon credit companies are shut down |
| ♦ CFA comments on the Archbishop of Canterbury’s pilot credit union scheme |
| ♦ Increasing use of trade credit insurance to protect against risks |
| ♦ Administrators Harrisons call time on R Bennett & Co Ltd |
| ♦ Bailiff Regulation: A Missed Opportunity? (CCR-PS APP) |
| ♦ Underprepared and out of pocket: buyers face financial squeeze if rates rise |
| ♦ New debt report exposes Scotland’s personal insolvency ‘hotspots’ |
| ♦ Speed Of Processing Benefit Claims (CCR-PS APP) |
| ♦ Welcome boost in UK car manufacturing |
| ♦ Forum encourages employers to plan ahead of World Cup mania |
| ♦ Facing Our Challenges (CCR-PS APP) |
|
| This Week's Appointments And Updates |
| ♦ John Paton joins Opos Limited |
| ♦ Cabot Credit Management announces results for 3 months ending 31 March |
| ♦ CSA appoints Lord Chandos as new Independent Director |
| ♦ CSA shortlisted for Trade Association of the Year Award |
| ♦ Lovetts appoints Ben Millward as paralegal to enhance recovery success |
| ♦ Equifax provides 8,000 free statutory credit reports |
| ♦ arvato positioned as a leader for finance and accounting BPO |
| ♦ CSA Plans Workshops to Help Businesses Prepare for FCA Authorisation |
| ♦ G4S Investigation Solutions selects Equifax Insurance Insights |
| ♦ Experian announces details of its 9th International Telecom Forum 2014 |
| ♦ Graydon comment on Queen's Speech |
| ♦ Equifax and iovation provide CRAs insight into emerging innovations |
| ♦ Experian responds to announcement to impose restrictions on mortgages |
| ♦ Financial instrument strategy can unlock working capital for UK plc |
| ♦ West One Loans comment on BBA High Street Banking statistics |
| ♦ New chair for the Co-operative Bank’s Values and Ethics Committee |
| ♦ The Cambridge bolsters team with new head of risk |
| ♦ Ukash partners with beCharge |
| ♦ eTech appoints Mark Blackwell |
| ♦ New director for Cerberus Group in Leeds |
| ♦ Pepper builds new loan origination system with BancTec |
| ♦ TMA rebrands and relaunches proposition |
| ♦ ASTL reveals 83% increase in bridging applications |
| ♦ Aldermore provide £1.8m to Deeside-based drivers employment agency |
| ♦ Recruitment entrepreneur goes from strength to strength with bank support |
| ♦ Aldermore joins the Association of Short Term Lenders |
|
 |