All articles by Verdict Staff
Verdict Staff
SMMT announces CV registrations down 31%
SMMT announces CV registrations down 31% According to figures published by the society of motor manufacturers and traders (SMMT), CV registrations continued to plunge in October, with the truck market beginning to follow the lead of ailing van sales volumes. Commercial vehicle registrations for October were 31.1 percent down compared to the same month in 2007, and were reduced 4.4 percent over the rolling year, to a total of 367,124.
Heroes conquer mountains and roads
Heroes conquer mountains and roads David Cooper, a director of Henry Howard Finance, announced last month he had successfully scaled Mount Kilimanjaro, the worlds highest free-standing mountain, to raise money for the Royal Marsden Hospital in London
Uncertainty over future of HBOS leasing arms
Uncertainty over future of HBOS leasing arms Structured asset finance has long been the preserve of HBOS, but as it prepares for its integration within Lloyds TSB there is uncertainty over whether this is still the case. This follows the banks decision earlier this year to fold its small ticket leasing arm, with customers with turnovers of up to £1 million (1.28 million), into its corporate division in a move that will result in job losses and a potential drop in business
Slovakia sees 12.4% increase for Q3
Powered by strong gains in machinery, LCV and IT leasing, the Slovak leasing market has seen a solid 12 months up to Q4
HSBC finances 5 HGVs for T&T
HSBC Equipment Finance has arranged a series of 4 year hire purchase agreements worth 273,000 (gross value 320,000), for the acquisition of five HGV units by Tonbridge based T&T express deliveries (T&T)
NetSol launches electricity lease product
NetSol Technologies has launched a new software technology to manage green power purchase agreements (PPA), which are used to purchase the power generated by a clean energy system without the need for companies to actually buy and install the system.
Five Arrows profits up 30%
Five Arrows Leasing Group saw profits total £10 million (10.8 million) in the year to March 2008, an increase of 30 percent, according to latest figures.