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1 week ago | 
railway-technology.com | Alejandro Gonzalez |Alejandro González
The King’s Speech at the State Opening of Parliament has signalled a significant shift in Britain’s railway sector, with Labour’s reform agenda aiming to renationalise passenger rail services. Labour plans to complete this transformation by 2029, leveraging break clauses in existing contracts to accelerate the process. The forthcoming legislation will also establish Great British Railways (GBR) as a new public body to oversee the country’s railways.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
Organisers have hailed the AFPA Trust’s International Women’s Day (IWD) 2025 Lunch as a great success, bringing together finance professionals to celebrate women’s achievements while raising £5,000 for the Fawcett Society.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
NETSOL Technologies, Inc., a provider of technology and software for the global asset finance and leasing industry, has launched Transcend AI Labs, a hub focused on AI-driven automation, consulting, and product development. In a statement, NETSOL said the initiative is designed to empower automotive and equipment original equipment manufacturers (OEMs), dealerships, and financiers with advanced AI solutions to enhance efficiency and competitiveness.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
PEAC Solutions has announced two senior appointments as it continues to expand its team. Paul Byrne has joined as Relationship Director, while Dean Farooq has been appointed as a credit analyst. Byrne brings over 17 years of experience in sales and relationship management, having previously held roles at Lombard and, most recently, HSBC.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
On the eve of International Women’s Day on March 8, it’s the perfect time to highlight the achievements and contributions of women in the finance industry. This year’s theme encourages us to recognise the progress made while continuing to push for equality, representation, and leadership opportunities for women in business. #IWD25One such leader paving the way is Vicky Rose, CFO of Optimum Finance.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
The National Association of Commercial Finance Brokers (NACFB) has reviewed 131 broker agreements from lenders over the past year, leading to amendments in 94% of contracts to create fairer terms for brokers. The initiative, launched in 2023 with a dedicated contract review role, has tackled systemic imbalances that placed disproportionate risks on brokers. The review process identified widespread issues, including unclear dispute resolution mechanisms and overly punitive liability clauses.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
More than four in ten small and medium-sized enterprises (SMEs) in the UK say the government’s increase in National Insurance Contributions (NIC) for employers will negatively impact their business, according to new research from specialist lender Shawbrook. Nearly a fifth (18%) expect the impact to be significant. The findings highlight the strain on SMEs at the start of 2025, as business leaders react to recent policy decisions.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
The UK construction sector has consistently demonstrated resilience, recovering from economic downturns and external shocks. However, one of the sector’s key challenges remains access to suitable financing solutions. Traditional lending models often fail to align with the cash flow cycles and risk profiles of construction firms, creating both obstacles and opportunities for alternative lenders.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
Solifi, a global fintech software provider for secured finance, has appointed Karan Oberoi as its new Chief Product Officer. Oberoi joins Solifi with extensive experience in financial technology, having previously served as Chief Product Officer at Backbase, a Netherlands-based engagement banking platform, during which he led product strategy and development, contributing to the company’s significant growth.
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1 month ago | 
leasinglife.com | Alejandro Gonzalez |Alejandro González
United Trust Bank (UTB) has reported a strong financial performance for 2024, with a 7% increase in operating income to £165m and profit before tax of £86.4m, according to its annual report and accounts for the year ending 31 December 2024. The specialist lender also maintained a return on equity (ROE) above 20%. UTB expanded its support for SMEs, housebuilders, property investors, and mortgage borrowers, increasing gross new lending to £1.9bn.
