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Mortgage approvals continue to rise
The property market continued to pick up in May according to figures from the
Bank of England.
ICM appoints new Chief Executive
Philip King has been appointed Chief Executive of the ICM.
Over 60% of consumers have reduced or kept their debt level the same
Research conducted in May appears to suggest that British consumers have adapted
to changing economic conditions, with many feeling relatively positive about the
future.
Darkstar in Administration
One of Scotland's largest bar, restaurant and hotel businesses has been placed in administration.
Crisis reaches make or break point for business leaders
The next two years is a make or break period for companies, a recent study has
predicted.
Allied Carpets Properties on brink of administration
Allied Carpets Properties has filed a notice of intention to appoint an
administrator.
ICM expresses dismay at court fee rises
The ICM has expressed alarm at plans to increase court fees, describing the
current system as appalling.
Selling a consumer debt may not remove liability for repayment
Consumers have been warned to ignore misleading adverts suggesting they can get
rid of debts or loans by selling them.
Scottish law to aid vulnerable debtors
The Scottish government is to bring forward immediate measures to protect
debtors.
ICM plans regional events in 2010
The ICM has announced that instead of its 2010 credit management conference and
exhibition, it is planning a series of
regional events to reach out to its members over the course of next year.
Credit cards account for over a third of debt
New data reveals that the average unsecured debt over the last 18 months was
nearly £29,000 of which 34% is card debt.
Solutions system to support pawnbroker’s rapid growth
The largest pawnbroker in the UK, is implementing a financial management system
from COA
Solutions.
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