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Whilst working for some corporates back in the noughties, I was privileged to have worked with debentures. A Debenture is an instrument that a lender secures onto a company to which they have lent money. It is a written agreement detailed in documents lodged at Companies House. The term floating is usually a form of security that takes hold as it will work according to the changing type of the company inventory, such as its stock which changes on a day-to-day range.

In corporate departments, I have noticed that when a Salesperson makes a sale, they get their commission and move on. While working in Recoveries, only 10% of the Sales/Operations Teams I have worked with have kept tight information about their deals/candidates/loans.

Most individuals are stuck on this question. They think it's a simple task of going forward and obtaining a County Court Judgement and that they have reached the end of that road.

There are different types of credit risk, but my experience stems from retail banking, specifically for automotive finance and mortgage companies. After all, in my early days, I used to repossess cars and houses.

The decision of the United Kingdom to exit the European Union, popularly known as Brexit, has generated significant concerns about its consequences on productivity.

Unemployment is a pressing issue that affects individuals and economies worldwide. In the United Kingdom, recent unemployment statistics shed light on the long-term effects of sickness and its challenges for job seekers.

The year began with unprecedented financial challenges for individuals and families across the UK, according to a report released by Citizens Advice. As the cost-of-living crisis intensifies, the charity has witnessed an alarming surge in the number of people seeking assistance.

Debt restructuring can be a lifeline for individuals and businesses grappling with financial challenges. It offers an opportunity to renegotiate payment terms, reduce interest rates, and ultimately regain control over one's finances.

With the closure of the Energy Bill Relief Scheme, businesses and public sector organisations that have benefited from discounted wholesale gas and electricity prices are now facing a new financial landscape. This scheme, introduced in September 2022, aimed to alleviate the burden of energy costs for eligible participants. In this blog, we will examine the potential financial implications of the scheme's end and discuss strategies for mitigating any adverse effects.