Nathan Mollett tackles 100km charity run for South East Cancer Help Centre

Nathan Mollett, director of both the Leasing Foundation and Metro Bank Asset Finance, will attempt to complete a gruelling 100km run in a single day next week to raise money for the South East Cancer Help Centre (SECHC). He chose the charity as a mark of respect for two colleagues at Metro Bank who sadly lost their lives to cancer.

Nathan Mollett tackles 100km charity run for South East Cancer Help Centre

Jun 05, 2020

Nathan Mollett, director of both the Leasing Foundation and Metro Bank Asset Finance, will attempt to complete a gruelling 100km run in a single day next week to raise money for the South East Cancer Help Centre (SECHC). He chose the charity as a mark of respect for two colleagues at Metro Bank who sadly lost their lives to cancer.

KPMG strengthens mobility practice amid plans for a green future post-COVID

As the new car registration figures for May this year have been released by the Society of Motor Manufacturers (SMMT), showing a drop of 99.7% year-on-year, Andrew Burn, partner and head of automotive at professional services firm, KPMG, explained: “Given the current circumstances, that car sales in the UK have plummeted further is unfortunately no surprise. “Looking forward, the challenge for suppliers will be contending with low volumes and fluctuating schedules. There is an expectation that many manufacturers will adopt a demand-led model, although this will continue to be impacted by uncertainty around volume – it is extremely unlikely that we’ll return to pre-COVID-19 levels for the significant future.”

KPMG strengthens mobility practice amid plans for a green future post-COVID

Jun 02, 2020

As the new car registration figures for May this year have been released by the Society of Motor Manufacturers (SMMT), showing a drop of 99.7% year-on-year, Andrew Burn, partner and head of automotive at professional services firm, KPMG, explained: “Given the current circumstances, that car sales in the UK have plummeted further is unfortunately no surprise. “Looking forward, the challenge for suppliers will be contending with low volumes and fluctuating schedules. There is an expectation that many manufacturers will adopt a demand-led model, although this will continue to be impacted by uncertainty around volume – it is extremely unlikely that we’ll return to pre-COVID-19 levels for the significant future.”

Simply CEO Mike Randall appointed chairman of The Leasing Foundation as new partnerships and initiatives announced

Mike Randall, chief executive officer of Simply, has been named as the new chair of The Leasing Foundation. His one-year tenure comes as the foundation reveals plans for a future series of events once restrictions caused by the Coronavirus lockdown are lifted. Randall (pictured) replaces Andy Denton, chief executive officer of Alfa, who remains on the board of the foundation.

Simply CEO Mike Randall appointed chairman of The Leasing Foundation as new partnerships and initiatives announced

Jun 01, 2020

Mike Randall, chief executive officer of Simply, has been named as the new chair of The Leasing Foundation. His one-year tenure comes as the foundation reveals plans for a future series of events once restrictions caused by the Coronavirus lockdown are lifted. Randall (pictured) replaces Andy Denton, chief executive officer of Alfa, who remains on the board of the foundation.

Thought Leaders

AF50 UK 2020 highlights 25 years of gradual change in asset finance

May 26, 2020

Last week, the fifth annual edition of the Asset Finance 50 (AF50), the ranking survey of the UK asset finance industry that I collate, was published by Asset Finance International (AFI) with the support of Alfa. As usual, in preparing the latest edition we relied entirely on fully audited and publicly available data on net investment in finance leases and minimum operating lease receivables. The report provides details of our methodology including its limitations.

Appointments

Raft of senior appointments for asset finance software firm White Clarke Group

May 20, 2020

In its latest announcement, automotive and asset finance software provider White Clarke Group (WCG) has reshuffled its senior board of management. Following the Group’s recent hiring of Wayne Ross as chief technology officer, the company has announced that Peter Dyson (pictured above) will be appointed as chief product officer. Joining WCG as the UK managing director, Dyson advanced to his most recent role as group chief operative officer and will now be responsible for the company’s functional governance, the alignment of sales and marketing efforts and the rollout of new product offerings and services.

Leasing Professionals

Rallying the industry: The UK finance associations speak out as FLA receives over half-million forbearance requests

Apr 16, 2020

After drawing breath and putting the UK government’s pandemic economic remedies under the microscope, the Finance & Leasing Association (FLA) and the British Vehicle Rental & Leasing Association (BVRLA) have just moved to make their voices heard. On Wednesday 15 April Stephen Haddrill, director general of the FLA, highlighted to the Treasury Select Committee the need for non-bank lenders to have access to the Term Funding Scheme, and for critical changes to be made to the Consumer Credit Act (CCA) to allow swift help for consumers in financial difficulty.