Arrow Global has revealed pre-tax losses of £114.8m for 2020 - a fall of more than 300% from its 2019 profits - according to a full-year report that shows the impact of a write-down in its estimated remaining collections
The House of Lords has removed an amendment to legislation that would have written down the total amount owed by customers on certain debts sold by banks to debt purchasers
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
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