In Reference Appointments & Updates
if we continue to invest, innovate and grow responsibly and sustainably.”
Atradius has published a new report analysing the performance of global markets. The Atradius Economic Update reviews growth within the global economy and identifies factors with a potential impact upon future performance. The new report is part of a suite of insight tools created by Atradius to inform businesses of the risks and opportunities of trading worldwide. At a global level, the current economic
cycle appears to have peaked at 3% in 2018, slowing to a still solid forecast of 2.7% this year. Atradius warns that the most acute risk for the world economy is the unfolding US-China trade war. This deteriorating relationship, alongside trade tensions and oil price volatility, adds uncertainty to the global outlook. Stuart Ramsden, head of commercial
for trade partner Atradius, said: “When reviewing the financial robustness of an overseas customer, it is imperative to keep one eye fixed upon the economic performance of the wider market. “A customer’s payment practices may be
well established but the potential impact of external risks cannot be overstated. On the other side of the coin, monitoring improvements in global economies can be an indicator of opportunity. “Access to robust business intelligence and
expert insight to market performance is key and can enable businesses to mitigate risk and build solid foundations for international trade.”
Ahead of the payment protection insurance (PPI) complaints deadline on 29 August 2019, Corlytics has revealed that the last kicks of PPI may still be to come for some banks. An analysis of over 1.25 million complaints,
carried out across seven firms with high- street operations in the United Kingdom, shows that the deadline has sparked more approaches from consumers. Specific firms also appear to be more susceptible to financial penalties and restitution following this race to the PPI finish line. Mike O’Keeffe, UK general manager,
Corlytics, said: “While most PPI complaints occurred before 2015, there are a number
May 2019
The Dealer Team at CarMoney is celebrating its first year of operations and is planning to more than double its sales force as it makes strong inroads into the wider UK market. Managing director Alastair Grier said: “The Dealer Team
has easily exceeded all expectations in its first year of operations and it is contributing hugely to the overall success of the CarMoney concept. “It is clear that dealers, particularly independent players
who are operating in an intensely competitive environment, appreciate having a finance partner who is not only on their side but is actively making them money.”
of firms that might be worried about this final wave. Corlytics’ data shows that, once a firm experiences more than a 100% increase in complaints on a specific topic to the ombudsman, enforcement activity and restitution becomes inevitable. Regulatory penalties will be unavoidable.”
The Federation of Small Businesses (FSB) has elected a Perthshire business leader as their new operations director to head up the group’s UK-wide operational management and member organisation. The results of FSB’s volunteer elections
were announced at the organisation’s annual general meeting with Gillian MacEwan elected to the position of operations director. She said: “Having taken on many
volunteer roles at the FSB in previous years, I look forward to continuing to put my knowledge of the organisation to good use. As a small business owner, I know the importance of having a strong voice for the sector, which is heard in government north
Alastair Grier
and south of the border. FSB’s members and staff are a formidable campaigning force and I am proud to be on the board.”
Target Group has announced it has closed its mean gender pay gap by 4.8 percentage points to 22.5%, considerably below the finance and insurance average of 33.4%. Meanwhile, its median gender pay gap has
fallen by 5.5 percentage points to 15.1%, again significantly below the sector average of 35.7%. In addition, the internal data show that there is just a 0.3 percentage point difference between males and females receiving a bonus, further enhancing its commitment to achieve gender parity in the business. Ian Larkin, CEO at Target Group, said:
“The whole organisation has worked hard to make Target a diverse and inclusive place to work, and I am really pleased to see some real progress being made on this front. As a business, and as an industry, we still have a long way to go before we achieve gender equality.”
Bibby Financial Services (BFS) has provided a £2.6m invoice discounting funding facility to Morris Line Engineering (Holdings). David Kearle, managing director of Morris Line
Engineering (Holdings), said: “Due to the international scale of our business and our reliance on high-quality equipment, it is really important we can bridge the gap between raising invoices and getting paid to access the cash we need to fuel our growth. “We needed to find a funding partner with experience in
David Kearle
our sector, as well as one that could deliver a fast service whilst not compromising on quality. Our ethos is all about creating strong and long- lasting relationships with our clients, and it was clear that BFS values this too. It was a perfect match.”
www.CCRMagazine.com 49
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