A survey of more than 7,000 people, conducted by the FCA during the Coronavirus pandemic, found 12 million people in the UK had low financial resilience, meaning they may struggle
Silverstone Fleet Management Managing director, Scott Norville, reflects on the changes the industry has undergone in the past six months and how firms should respond to a second wave of
New guidance from the Financial Conduct Authority covers users of credit cards and other revolving credit, personal loans, motor finance, buy-now pay-later (BNPL), rent-to-own (RTO), pawnbroking and high-cost short-term credit
The sector must embrace change and make critical preparations to maximize pent up opportunity and future-proof their businesses for successful operation in a post-pandemic world.Â
Business is starting to ramp up under the latest Government guidance with car dealers allowed to re-open – although showrooms remain closed.
Delays in vehicle deliveries in March which have left thousands of broker customers facing increased monthly lease costs, BiK and Class 1A National Insurance payments.
This follows last week’s announcement from the Financial Conduct Authority calling on motor finance firms to help customers during the lockdown period.
One industry that’s been significantly affected across the board is the automotive industry. From the overall industry to gap insurance and electric vehicles, we take a look at what’s going on.
A robust digital infrastructure can help businesses survive and thrive even in this unprecedented situation.
Companies are already reporting a downturn in business, although most seem optimistic that the market will make a swift recovery.
The Leasing Broker Federation is an independent membership organisation supporting leasing brokers and operators across the uk. It better equips brokerages with knowledge and skills supporting them to thrive within this growing sector.
It also provides a mutually beneficial business community environment for all market relevant companies, such as leasing companies, funders, manufacturers, service suppliers and dealerships. These companies make up our federation partner network.
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