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Budget 2021: Firms welcome war chest to tackle furlough fraud

Budget 2021: Firms welcome war chest to tackle furlough fraud

03 Mar 2021Marcel Le GouaisMarcel Le Gouais
Firms across the industry have backed many of today’s Budget announcements, including a £100m war chest for HMRC to tackle fraud and other measures to continue the housing market’s recovery
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CSA responds to debt collection letters campaign: “We've highlighted this issue for many years”
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CSA responds to debt collection letters campaign: “We've highlighted this issue for many years”

05 Jun 2020Marcel Le Gouais
The Credit Services Association (CSA) has responded in full to the campaign, launched by Martin Lewis this week, for the government to change legislation around debt collection letters, while the FCA sought to clarify the law around sending them
Mortgage holidays and repossessions suspension to be extended - reaction and analysis
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Mortgage holidays and repossessions suspension to be extended - reaction and analysis

22 May 2020Marcel Le Gouais
The Financial Conduct Authority (FCA) has today launched proposals for mortgage holidays to be extended by three months for borrowers who need them, as well as allowing up until October for customers to apply for them
Industry reacts to most profound insolvency law changes in 20 years

Industry reacts to most profound insolvency law changes in 20 years

21 May 2020Marcel Le Gouais
New legislation to encourage lenders to help firms trade out of the economic damage left by Covid-19 has been laid before parliament
Half a million businesses now on £22bn of emergency funding
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Half a million businesses now on £22bn of emergency funding

19 May 2020Marcel Le Gouais
Treasury figures show that around 500,000 UK businesses are now using government-guaranteed emergency loans, to the value of £22bn, while eight million jobs have been furloughed

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KPMG to sell its UK restructuring practice

KPMG to sell its UK restructuring practice

Turnaround, Restructuring and Insolvency news04 Mar 2021Lauren Tavener
KPMG has confirmed that it has signed an unconditional agreement to sell its UK restructuring practice to Interpath Advisory
Budget 2021: Firms welcome war chest to tackle furlough fraud

Budget 2021: Firms welcome war chest to tackle furlough fraud

Top Stories03 Mar 2021Marcel Le Gouais
Firms across the industry have backed many of today’s Budget announcements, including a £100m war chest for HMRC to tackle fraud and other measures to continue the housing market’s recovery
Bill amendment could strike blow to debt sellers and purchasers

Bill amendment could strike blow to debt sellers and purchasers

News26 Feb 2021Marcel Le Gouais
This week the House of Lords debated an amendment to legislation that would write down the total amount owed by customers on debts sold by banks to debt purchasers
SMEs offered flexibility to extend bounce back loans to 10 years

SMEs offered flexibility to extend bounce back loans to 10 years

News08 Feb 2021Marcel Le Gouais
Small businesses that took out bounce back loans will get the chance to extend their loan term to 10 years and take a six-month payment holiday, under plans to offer SMEs a flexible repayment scheme

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