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European Commission to challenge Lease Accounting Standard suitability 24 June, 2016
The European Commission has begun an assessment of whether the new international lease accounting standard, IFRS 16, will be conducive to the European public good.
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Leasing market reacts to Brexit
Friday, June 24, 2016 In the reaction of the British population having voted to leave the EU on 23rd, leasing industry experts have warned the market to expect some short term instability, and that the longer term future is uncertain.
UK votes to leave the EU
Friday, June 24, 2016 Britain has voted to exit the European Union in a historic referendum that took place on 23 June, causing uncertainty that has pushed global financial markets into a state of turmoil, and triggered the resignation of the UK Prime Minister David Cameron.
Fleet Alliance improves CET and Archant fleets
Thursday, June 23, 2016 Fleet Alliance has replaced the bulk of the 70-strong van fleet of insurance and construction outsourced service provider CET, and been appointed by media company Archant to build its green agenda.
British Business Bank opens EFG scheme to lessors
Wednesday, June 22, 2016 The British Business Bank (BBB) has opened its Enterprise Finance Guarantee (EFG) accreditation process to lessors after consultations and recommendations made in a review published in April.
EIB and Funding Circle in £100m UK SME investment deal
Wednesday, June 22, 2016 The European Investment Bank (EIB) has agreed to provide £100m (€130.07m) of funding for UK SMEs originated through Funding Circle’s platform.
Secure Trust Bank Commercial Finance appoints two new directors
Wednesday, June 22, 2016 Secure Trust Bank Commercial Finance has appointed Jeremy Uphill as portfolio and structuring director and Tony Young as regional sales director for London and the South East region.
Lex Autolease broker division delivers 60,000th vehicle
Tuesday, June 21, 2016 Lex Autolease, Lloyds’ fleet arm, has leased the 60,000th vehicle through its broker division, eight months on from passing the 50,000 milestone.
Alphabet International appoints Schooling as CCO
Tuesday, June 21, 2016 Richard Schooling has been appointed as chief commercial officer at fleet lessor Alphabet International.
Leaseurope: New leasing volumes up 8.8% in Q1
Monday, June 20, 2016 New leasing business in Europe grew by 8.8% in the first quarter of 2016 compared to the same period last year, according to Leaseurope's quarterly survey. The survey showed that new business volumes exceeded €22bn (£17.3bn).
Sofico completes 30th Miles implementation
Friday, June 17, 2016 Global fleet and leasing software provider Sofico has reached a new milestone with the completion of its 30th Miles implementation project.

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