ao link
Credit Strategy homepage
Intelligence, insight and community
for credit professionals

Dear visitor,
You're reading 1 of your 3 free news articles this quarter

 

Register with us for free to get unlimited news, dedicated newsletters, and access to 5 exclusive Premium articles designed to help you stay in the know.

 

Join the UK's leading credit and lending community in less than 60 seconds.



Register now  or  Login

Slough latest council to stop using bailiffs as it hires Intrum

Slough Borough Council is to become the latest local authority to cease using bailiffs and pass unpaid debts to credit management firm Intrum in a bid to improve both yields and the service residents receive.

Share on LinkedInShare on Twitter

The agreement with H&F Ethical Collections, the joint venture partnership set up by Intrum UK and Hammersmith & Fulham Council to overhaul local authority collections practices, will see the first collections for Slough begin later this month.

 

Under the arrangement, Intrum will take on the collection of historic debts across a range of services including council tax, business rates, sundry debts, former tenant arrears and housing benefit overpayments.

 

Intrum said it will work with residents to establish their financial circumstances and agree payment plans they can afford. The joint venture will apply Financial Conduct Authority (FCA) best practice standards to all debts, not only those in the private sector.

 

The council’s decision follows widespread calls for change in local authority collections, including the publication of reports by the Treasury Committee, National Audit Office, Citizens Advice and Money Advice Service.

 

Eddie Nott, UK managing director of Intrum, said: “Our experience is that a sympathetic approach is more effective than aggressive collections and the use of bailiffs. This approach will return more money to Slough in the long term, enabling the council to continue to fund essential services for its growing population.”

 

Neil Wilcox, director of finance and resources at Slough Borough Council, said: “We are looking forward to working with Intrum and we are keen to see how an ethical approach to collecting debts can improve outcomes for everyone.”

Share on LinkedInShare on Twitter
Add New Comment
You must be logged in to comment. Login or Register to access enhanced features of the website.

Stay up-to-date with the latest articles from the Credit Strategy team

READ NEXT

Women in Credit Conference 2024 launches

Women in Credit Conference 2024 launches

Via Atal: Unlocking global growth

Via Atal: Unlocking global growth

The Budget - 2p National Insurance cut confirmed by the Chancellor 

The Budget - 2p National Insurance cut confirmed by the Chancellor 

Credit Strategy

Member of

Get the latest industry news 

creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, 1-2 Paris Garden, London, SE1 8ND. All rights reserved. Credit Strategy is committed to diversity in the workplace. @ Copyright Shard Media Group

We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings