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Extent of Patisserie Valerie misstatement worse than first thought

Extent of Patisserie Valerie misstatement worse than first thought

The owner of the scandal-hit bakery and café chain Patisserie Valerie has revealed that the accounting irregularities that emerged in October last year are worse than first thought

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Extent of Patisserie Valerie misstatement worse than first thought
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Extent of Patisserie Valerie misstatement worse than first thought

17 Jan 2019 Calum Fuller
The owner of the scandal-hit bakery and café chain Patisserie Valerie has revealed that the accounting irregularities that emerged in October last year are worse than first thought
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FSB makes three-point late payment reforms proposal
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FSB makes three-point late payment reforms proposal

The Federation of Small Businesses (FSB) has issued a three-point plan to reform payment practices and “protect small suppliers against another Carillion payment scandal”
MP Reeves criticises “unacceptable” Lloyds overdraft fees
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MP Reeves criticises “unacceptable” Lloyds overdraft fees

Changes to Lloyds Banking Group’s overdraft charges have been criticised by Labour MP Rachel Reeves ahead of the Financial Conduct Authority’s (FCA) proposed crackdown later in the year
Entries open for 20th Credit Awards
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Entries open for 20th Credit Awards

Entries are now open for the 20th annual Credit Awards, the biggest awards programme in the profession
FlyBe rescued by Virgin and Stobart in £2.2m deal
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FlyBe rescued by Virgin and Stobart in £2.2m deal

A deal worth £2.2m has been reached for a consortium involving Virgin Atlantic and Stobart Group to buy out FlyBe

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FCA to consult on “mortgage prisoners”

FCA to consult on “mortgage prisoners”

News10 Jan 2019
The Financial Conduct Authority (FCA) is to launch a consultation on improving switching options for mortgage customers who are currently unable to do so, the regulator’s chief executive Andrew Bailey has confirmed
Bailiff complaints system not working, says Citizens Advice

Bailiff complaints system not working, says Citizens Advice

News09 Jan 2019
The system for complaining about bailiffs is complicated and intimidating, according to research from Citizens Advice
Linedata acquires digital lending platform Loansquare

Linedata acquires digital lending platform Loansquare

News09 Jan 2019
Paris-based fintech firm Linedata has acquired French commercial finance start-up Loansquare
Energy firm Economy Energy ceases trading after Ofgem ban

Energy firm Economy Energy ceases trading after Ofgem ban

News08 Jan 2019
Energy supplier Economy Energy has collapsed after regulator Ofgem banned it from taking on new customers until it improved its customer service
Retail insolvencies increase for second consecutive year

Retail insolvencies increase for second consecutive year

News08 Jan 2019
The number of retailers entering into administration in 2018 rose six percent to 125, up from 118 in 2017, according to big four accountancy firm Deloitte’s latest insolvency figures
John Griffith-Jones to chair StepChange Debt Charity

John Griffith-Jones to chair StepChange Debt Charity

News07 Jan 2019
StepChange Debt Charity has appointed John Griffith-Jones as chair of the charity
MPs in support of prompt payment proposals

MPs in support of prompt payment proposals

News07 Jan 2019
Ministers are in favour reform for the way in which large companies pay small businesses in the UK, research canvassing their views has found

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Greg Stevens

Perceived debt crisis could threaten credit providers

10 Dec 2018 Greg Stevens
Concerns over levels of indebtedness could fan the flames of activist groups against credit providers, warns CCTA chief executive Greg Stevens
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Fast lane: Why IFRS 9 is already accelerating debt sale activity

Fast lane: Why IFRS 9 is already accelerating debt sale activity

Edition’s highlights:

→ Cultural change: Local authorities changing how they collect debt

→ Winners: Highlights from all Credit Strategy’s recent awards

→ Home truths: Is the mortgage market in long-term decline?
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Analysis

The CS Interview

Nationwide CRO Julia Dunn on how working at the regulator prepared her for working in risk

Nationwide CRO Julia Dunn on how working at the regulator prepared her for working in risk

25 Oct 2018Calum Fuller Calum Fuller
Julia Dunn’s path to the chief risk officer role at Nationwide was not the typical one. She sat down with Calum Fuller to discuss how she got there and how the role is changing
Read full interview

Opinion

Greg Stevens

Perceived debt crisis could threaten credit providers

10 Dec 2018 Greg Stevens
Concerns over levels of indebtedness could fan the flames of activist groups against credit providers, warns CCTA chief executive Greg Stevens
Greg Stevens

Patisserie Valerie: Lessons for curious credit minds from a cash crisis

06 Dec 2018 The Fifth Estate
Our secret columnist explains why the cash problems of Patisserie Valerie highlight the right questions to ask by credit professionals
Greg Stevens

No-interest loans could open up access to credit

05 Dec 2018 Phil Andrew
Proposals for interest-free loans could make credit accessible to those for whom it would be otherwise unaffordable, says StepChange Debt Charity chief executive Phil Andrew

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AI, retail finance and regulation: Solving the puzzle

AI, retail finance and regulation: Solving the puzzle

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TSB appoints new boss following IT meltdown

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Ardent fills new risk and compliance director role

09 Jul 2018
IPA appoints new president

IPA appoints new president

17 Apr 2018

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Opening the vaults: As Open Banking begins, are consumers, banks and third parties taking advantage?
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