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Bill amendment could strike blow to debt sellers and purchasers

Bill amendment could strike blow to debt sellers and purchasers

This week the House of Lords will debate an amendment to legislation that would write down the total amount owed by customers on debts sold by banks to debt purchasers

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Bill amendment could strike blow to debt sellers and purchasers
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Bill amendment could strike blow to debt sellers and purchasers

22 Feb 2021Marcel Le Gouais
This week the House of Lords will debate an amendment to legislation that would write down the total amount owed by customers on debts sold by banks to debt purchasers

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Government urged to plug Arcadia’s pension deficit  

Government urged to plug Arcadia’s pension deficit  

News05 Feb 2021
Former ministers are calling for the government to intervene in Arcadia’s pension deficit, after Deloitte secured a £330m rescue deal for the retail group
Winners revealed for the TRI Awards 2020

Winners revealed for the TRI Awards 2020

Turnaround, Restructuring and Insolvency news10 Dec 2020
Last night the winners of the Turnaround, Restructuring and Insolvency (TRI) Awards 2020 were revealed in an interactive digital broadcast, sponsored by CAPA
Lowell posts “resilient” collections performance, as cash EBITDA rises

Lowell posts “resilient” collections performance, as cash EBITDA rises

Top Stories16 Oct 2020
Debt purchaser Lowell has posted results showing a steadily improved collections performance for the three months to September, as the business resumed legal collections and increased outbound contact with customers
Gourmet Burger Kitchen sold via pre-pack

Gourmet Burger Kitchen sold via pre-pack

Turnaround, Restructuring and Insolvency news16 Oct 2020
Deloitte has saved Gourmet Burger Kitchen (GBK) in a pre-pack rescue deal funded by the Boparan Restaurant Group
Prime Minister’s announcement is a “hammer blow” for hospitality

Prime Minister’s announcement is a “hammer blow” for hospitality

Turnaround, Restructuring and Insolvency news23 Sep 2020
The Prime Minister’s announcement that people should work from home and stay out of town centres will be a hammer blow for the hospitality, retail and leisure sectors, says tax and advisory firm Blick Rothenberg

Trending

Mark Standish

Opinion: Risk-based pricing will be key to future of dealer finance

22 Feb 2021Mark Standish
Mark Standish, MotoNovo’s chief executive, explores the potential impact of the latest Financial Conduct Authority’s (FCA) rules for motor finance
Read more

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Network television: How the Credit Festival united industries

Network television: How the Credit Festival united industries

Edition’s highlights:

→ How economists perceive the financial cliff edges for consumers in 2021

→ The vulnerability matrix: Why Capital One’s approach to vulnerability is regarded as best-in-class

→ Food shortages and cold homes: The reality of problem debt
Read the issue

The CS Interview

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

19 Feb 2020Amber PritchardAmber Pritchard
Tracey Newton of Yorkshire Building Society discusses innovating a reward strategy to serve nearly 4,000 people, whatever stage of their life or career they are in
Read full interview

Opinion

Mark Standish

Opinion: Risk-based pricing will be key to future of dealer finance

22 Feb 2021Mark Standish
Mark Standish, MotoNovo’s chief executive, explores the potential impact of the latest Financial Conduct Authority’s (FCA) rules for motor finance
Gareth McNab

Opinion: The path to debt freedom needs more simple solutions

05 Feb 2021Gareth McNab
Gareth McNab, director of external affairs at Christians Against Poverty, explains why change is needed to ensure that low income households are able to access affordable insolvency solutions
Chris Fitch

How to satisfy ICO and FCA guidance on vulnerability

22 Jan 2021Chris Fitch
Traditionally, firms have used explicit consent to record customer health issues. Other options exist but, as Credit 500 member and vulnerability expert Chris Fitch notes, they bring their own challenges

Features

Virgin Atlantic staves off administration with £1.2bn funding deal
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Virgin Atlantic staves off administration with £1.2bn funding deal

17 Jul 2020Lauren TavenerLauren Tavener
After putting advisers on standby for a potential administration, Virgin Atlantic has now secured a solvent recapitalisation, which will deliver a refinancing package worth over £1.2bn during the next 18 months

Credit 500 - an index of influence

Credit 500
Alex Ellerton

Alex Ellerton

Partner, Financial Services Group
Grant Thornton
Andrew Brameld

Andrew Brameld

Managing Director
BNP Paribas Personal Finance
Cyrille Sallé de Chou

Cyrille Sallé de Chou

Chief Risk Officer
HSBC
David Poole

David Poole

Chief Risk Officer
Vanquis Bank
Doriana Iovino

Doriana Iovino

Chief Risk Officer
Vive Bank
View Credit 500 Nominate for 2021

Webinar recordings

Listen on demand webinar - How open banking can ensure responsible lending growth

Listen on demand webinar - How open banking can ensure responsible lending growth

This on-demand webinar with Credit Kudos and a ...
Available on demand: Tracking the car finance market’s recovery 

Available on demand: Tracking the car finance market’s recovery 

Credit Strategy’s webinar on tracking recovery ...
Listen on demand: Compliant expansion - understanding the international payments landscape

Listen on demand: Compliant expansion - understanding the international payments landscape

Credit Strategy members can now listen on demand ...
Listen on demand: Webinar - Tracking confidence in Car Finance

Listen on demand: Webinar - Tracking confidence in Car Finance

Credit Strategy is hosting a webinar, in ...

Insight tools

Premium: The outlook in credit as Brexit approaches

With just weeks left before a potential disorderly exit from the EU, Credit Strategy highlights why credit professionals should be aware of consumers’ inability to absorb a shock and why younger customers could be most at risk

Economic Outlook: Eurozone growth at decade high - Professor Trevor Williams

Presentation by Professor Trevor Williams, former Chief Economist Lloyds Bank Plc, at the TRI Conference 2017

Litigation Funding: de-risking restructuring and turnaround - Maurice Power, Ferguson Litigation Funding

Presentation by Maurice Power, Ferguson Litigation Funding at the TRI Conference 2017
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Magazine digital editions

Network television: How the Credit Festival united industries
The personal touch: How lenders are supporting vulnerable customers through the pandemic
Great expectations: Why mortgage customers affected by Covid need innovative new products
Payment deferrals: Lifeline or liability?
Continuity in a Crisis
New directions: Debt purchasers have moved to deleverage and refinance. What are the factors driving them?
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