All articles by Lorenzo Migliorato

Lorenzo Migliorato

UK gov’t earmarks extra £750m for industrial strategy

The government has committed an extra £750m to its Industrial Strategy Challenge Fund, covering a range of areas for developing assets in future technology.

Santander to provide contract hire for Volvo in the UK

Volvo has moved its UK contract hire business from Lex Autolease to Santander Consumer Finance.

GLI Finance acquires more equity in ABL funder

Finance provider Sancus BMS, owned by GLI Finance, has expanded its stake in affiliate company Sancus Isle of Man (Sancus IoM) to 29.3%.

Banca Transilvania acquires Eurobank’s Romanian leasing business

Banca Transilvania has bought ERB Leasing, a fully-owned Romanian subsidiary of Greece’s Eurobank.

Bibby FS expands teams in Bristol and Cardiff

Bibby Financial Services has bolstered its team for South West England and Wales with seven appointments.

Paragon’s asset finance business grows 40%

New lending activity for Paragon’s asset finance arm grew by 40%, totalling £220m in 2017.

UK Budget: Hammond raises VED duty on diesel as he pledges EV boost

First-year VED on diesel cars that “do not meet the latest standards will go up one band from April 2018, Philip Hammond has announced.

Sofico adds cloud capabilities to leasing software

Developer Sofico has added cloud capabilities to its Miles leasing management software.

EBRD extends €20m to UniCredit Leasing Croatia

The European Bank for Reconstruction and Development has provided UniCredit Leasing Croatia with a €20m loan.

CLM: Public needs better education on alternatively fuelled vehicles

UK drivers will need better education over electric and hybrid cars if the government’s quotas are to be met, CLM Fleet Management have warned.