The Analysis News & Opinions
Gary Lucas rides again for cancer-research charity
As you may have read last year, CCRMagazine’s sales director Gary Lucas likes a bit of lycra and this year he will be pushing it to the limit with two rides for Prostate Cancer UK totalling 230 miles in two days On 24 June he will be riding the second
stage of this year’s Tour de France, which will be 130 miles, and on Sunday 30 June he will be doing the London 100. Gary said: “This will be another
enormous challenge, but I have to keep in mind that I am doing this for a great cause: the fight against prostate cancer, which affects one in every eight men in the UK. “Through all the fund-raising activities
that I have taken on, the credit and collections industry has been magnificent in showing support and belief. So, once again, I really hope that the industry will want to get behind me to help fight this terrible illness that kills far too many people each and every year.” The Prostate Cancer Charity was founded
in 1996 by Professor Jonathan Waxman with the aim of addressing what he saw as the “outrageous and arbitrary surgical treatment of men”. It was the first national organisation for
prostate cancer in the UK. Its aim was to improve the care and welfare of those affected by the illness, increase investment in research, and raise public, as well as political awareness. It merged with Prostate Action in 2012
and rebranded to form Prostate Cancer UK. In the last 20 years, the organisation has invested over £37m into ground-breaking research, and continues to provide support for men. Consulting with researchers, health
professionals and men affected by prostate cancer, to form their strategy, it has a ten- year plan to improve diagnosis, treatment, prevention, and support. If you would like to support Gary in his efforts, please visit
the website:
https://www.justgiving.com/fundraising/ Gary-Lucas4.
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Business-lending review is welcomed
The alternative-lending sector has reacted positively to a review of a referral scheme, which, it is claimed, has failed to widen the scope of commercial credit. Professor Russel Griggs has been appointed
to review the Bank Referral Scheme, which was launched in November 2016 to offer businesses that had been declined loan or overdraft requests by their bank, the opportunity to be introduced to alternative lenders who may be willing to lend to them. Since its launch, analysts believe that the
scheme has not generated the anticipated volume of referrals. John Davies, chief executive of the Just
Loans Group and chair of the Association of Alternative Business Finance, said: “The
www.CCRMagazine.co.uk
Bank Referral Scheme is a good initiative. Those businesses who have had their borrowing request declined have, through the scheme, another route to access the funding they need. But we have not seen the volume of referrals we expected. This suggests that something is not working as it was intended. The appointment of Professor Griggs is welcome in trying to unearth any blockages, whether these are in the referring banks, the managers of the online portals, or with the businesses themselves. “We hope that this review by
Professor Griggs will shine a light on the areas of the scheme that are not working, and will lead to removing the barriers to its effectiveness.”
June 2017
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