All articles by Brian Cantwell
Brian Cantwell
Stephen Sklaroff to leave the Finance & Leasing Association
Stephen Sklaroff, the director general of the UK’s Finance & Leasing Association (FLA), has decided to leave the FLA later this year, after twelve years in the post.
SMMT: UK car production falls 18.2% in January as orders decline
British car factories turned out 120,649 units in January, down -18.2% on the previous year and marking the eighth successive month of decline, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).
Experian abandons £275m Clearscore merger after CMA criticism
Experian has called off its proposed merger with ClearScore following concerns that the Competitions and Markets Authority (CMA) would not approve the deal.
Dealers to turn to motor finance as stock costs rise in 2019
Cost of acquisition is set to become an increasingly important issue for used car and van dealers in 2019 as margins remain under pressure, which could lead to more use of motor finance as a profit generator, according to tech provider epyx.
Cottle to depart Startline after five years as business development director
Peter Cottle is to leave the role of business development director at Startline Motor Finance later this month to focus on consultancy work.
Moneybarn stays with Provident as £1.3bn takeover bid rejected
Sub-prime lender Provident Financial Group has rejected a £1.3bn bid from smaller lending group Non-Standard Finance (NSF), calling it an “irresponsible” approach.
Evolution Funding receives investment from PE firm, adds non-execs
UK motor finance broker Evolution Funding (Evolution) has secured investment to support its expansion from private equity investor LDC.