LeasingWorld Multi-locations?
UPGRADE to our Corporate Subscription digital pdf + 3 hardcopies
LeasingWorld NOVEMBER/DECEMBER 2010 VOL 6 I NO 62 FOR THE EQUIPMENT LEASING AND ASSET FINANCE PROFESSIONAL
Christmas cheer overcomes ice and snow
The FLA Christmas Drinks party, always the most popular of the year’s cocktail parties, attracted a capacity crowd of some 200 leasing aficionados, despite the Siberian weather outside.
I +
t transpired that even those who had not been able to dig themselves out of house and home - especially hit were residents of Sussex and Surrey - sent others in their place. The venue was the Worshipful Company of Butchers, by St Paul’s in central London, whose beautiful crest, with its slightly baffling insignia, “Thou hast put all things under his feet, sheep and oxen” is woven into the carpet in the grand entrance hall. Butchers must have a “bob or two” judging by such comfortable interiors, and perhaps Stephen Sklaroff, director general of the Finance and Leasing Association, might wistfully wonder of turning Imperial House, Kingsway into the Worshipful Company of Lessors and Associates. Apparently the butchers don black hooded cloaks when sitting on their committees, a practice which could add some gravitas to otherwise mundane meetings of the FLA’s statistics committee, for example. It was the end of an interesting year, “A bit different,” as someone said, but how did the various factions at the reception really view the twelve months past. On page 20 in this month’s issue, we give our considered views, entitled, “2010 and all that” but many respondents at the party gave insightful responses of their own. Some warned against complacency, “2010 was a lot better than many people expected, as was 2009, which says that we haven’t necessarily really had the recession yet,” said Peter de Rousset-Hall.
Chris Boobyer of Invigors LLP called for non-bank funders to take the bull by the horns, saying, “2010 is the year in which the people who are really switched on started taking the recession
seriously. Whilst there have been patches of recovery, generally figures from the FLA’s asset finance division, especially the part that supports the SME sector, show that this area of the economy has been really let down. So, the coming year, 2011, should be the year when the Department of Business, Innovation and Skills, with Vince Cable, and the non-bank funders, working together, should do what’s required, because the banks, if they didn’t do it in 2010 with all that pressure on them, will feel they’ve been let off the hook.”
At 19.00 hrs. sharp, the director general commanded the attention of those gathered, for the traditional year-end speech. The economy had showed some positive signs, he said, as had the
Continued on page 6
■ SPECIAL REPORT Vehicle Finance PAGE 33 ■ FEATURE 2010 and all that PAGE 20 ■ NEXT MONTH Outlook for 2011
Bumper 52-page edition
www.leasingworld.co.uk
LeasingWorld NOVEMBER/DECEMBER 2010 VOL 6 I NO 62 FOR THE EQUIPMENT LEASING AND ASSET FINANCE PROFESSIONAL
Christmas cheer overcomes ice and snow
The FLA Christmas Drinks party, always the most popular of the year’s cocktail parties, attracted a capacity crowd of some 200 leasing aficionados, despite the Siberian weather outside.
I
t transpired that even those who had not been able to dig themselves out of house and home - especially hit were residents of Sussex and Surrey - sent others in their place. The venue was the Worshipful Company of Butchers, by St Paul’s in central London, whose beautiful crest, with its slightly baffling insignia, “Thou hast put all things under his feet, sheep and oxen” is woven into the carpet in the grand entrance hall. Butchers must have a “bob or two” judging by such comfortable interiors, and perhaps Stephen Sklaroff, director general of the Finance and Leasing Association, might wistfully wonder of turning Imperial House, Kingsway into the Worshipful Company of Lessors and Associates. Apparently the butchers don black hooded cloaks when sitting on their committees, a practice which could add some gravitas to otherwise mundane meetings of the FLA’s statistics committee, for example. It was the end of an interesting year, “A bit different,” as someone said, but how did the various factions at the reception really view the twelve months past. On page 20 in this month’s issue, we give our considered views, entitled, “2010 and all that” but many respondents at the party gave insightful responses of their own. Some warned against complacency, “2010 was a lot better than many people expected, as was 2009, which says that we haven’t necessarily really had the recession yet,” said Peter de Rousset-Hall.
Chris Boobyer of Invigors LLP called for non-bank funders to take the bull by the horns, saying, “2010 is the year in which the people who are really switched on started taking the recession
LeasingWorld NOVEMBER/DECEMBER 2010 VOL 6 I NO 62 FOR THE EQUIPMENT LEASING AND ASSET FINANCE PROFESSIONAL
Christmas cheer overcomes ice and snow
The FLA Christmas Drinks party, always the most popular of the year’s cocktail parties, attracted a capacity crowd of some 200 leasing aficionados, despite the Siberian weather outside.
I
t transpired that even those who had not been able to dig themselves out of house and home - especially hit were residents of Sussex and Surrey - sent others in their place. The venue was the Worshipful Company of Butchers, by St Paul’s in central London, whose beautiful crest, with its slightly baffling insignia, “Thou hast put all things under his feet, sheep and oxen” is woven into the carpet in the grand entrance hall. Butchers must have a “bob or two” judging by such comfortable interiors, and perhaps Stephen Sklaroff, director general of the Finance and Leasing Association, might wistfully wonder of turning Imperial House, Kingsway into the Worshipful Company of Lessors and Associates. Apparently the butchers don black hooded cloaks when sitting on their committees, a practice which could add some gravitas to otherwise mundane meetings of the FLA’s statistics committee, for example. It was the end of an interesting year, “A bit different,” as someone said, but how did the various factions at the reception really view the twelve months past. On page 20 in this month’s issue, we give our considered views, entitled, “2010 and all that” but many respondents at the party gave insightful responses of their own. Some warned against complacency, “2010 was a lot better than many people expected, as was 2009, which says that we haven’t necessarily really had the recession yet,” said Peter de Rousset-Hall.
Chris Boobyer of Invigors LLP called for non-bank funders to take the bull by the horns, saying, “2010 is the year in which the people who are really switched on started taking the recession
seriously. Whilst there have been patches of recovery, generally figures from the FLA’s asset finance division, especially the part that supports the SME sector, show that this area of the economy has been really let down. So, the coming year, 2011, should be the year when the Department of Business, Innovation and Skills, with Vince Cable, and the non-bank funders, working together, should do what’s required, because the banks, if they didn’t do it in 2010 with all that pressure on them, will feel they’ve been let off the hook.”
At 19.00 hrs. sharp, the director general commanded the attention of those gathered, for the traditional year-end speech. The economy had showed some positive signs, he said, as had the
Continued on page 6
■ SPECIAL REPORT Vehicle Finance PAGE 33 ■ FEATURE 2010 and all that PAGE 20 ■ NEXT MONTH Outlook for 2011
Bumper 52-page edition
www.leasingworld.co.uk
Professionals rely on LeasingWorld.
• Opinion forming articles • Meaningful market news • Local and global perspectives • Accounting and legal issues explained • Relevant surveys and reviews • Brokers section • Captives forum
• In-depth special features • People and moves • Lease training articles • Social media latest in Round the Blog • News from the associations • Full colour PDF and digital page turn versions • Credit for unexpired standard subscription
Give all your people access right
now.www.leasingworld.co.uk
seriously. Whilst there have been patches of recovery, generally figures from the FLA’s asset finance division, especially the part that supports the SME sector, show that this area of the economy has been really let down. So, the coming year, 2011, should be the year when the Department of Business, Innovation and Skills, with Vince Cable, and the non-bank funders, working together, should do what’s required, because the banks, if they didn’t do it in 2010 with all that pressure on them, will feel they’ve been let off the hook.”
At 19.00 hrs. sharp, the director general commanded the attention of those gathered, for the traditional year-end speech. The economy had showed some positive signs, he said, as had the
Continued on page 6
■ SPECIAL REPORT Vehicle Finance PAGE 33 ■ FEATURE 2010 and all that PAGE 20 ■ NEXT MONTH Outlook for 2011
Bumper 52-page edition
www.leasingworld.co.uk
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52