All articles by Richard Irvine-Brown

Richard Irvine-Brown

Leaseurope Index: ‘slight’ improvement, Q4 2012

The Leaseurope Index report for the fourth quarter of 2012 has shown a slight improvement in all weighted average ratios, year-on-year, except cost/income.

VW Financial Services expects flat 2013

Volkswagen Group has said it expects its Financial Services division, Europe’s largest vehicle leasing firm by business volume, to deliver the same level of operating profit in 2013 as 2012.

Management appointments at Cassiopae

Asset and motor finance software provider Cassiopae has made a quartet of management appointments as part of the company’s push for global expansion.

Hitachi to fund DSG Prestige

Hitachi Capital Business Finance has agreed to provide a competitive variable rate product to the prestige vehicle finance arm of nationwide broker DSG Financial Services.

Tech entrant seeking finance clients

Insurance provider Sterling Insurance Group has set up a UK-based software subsidiary with the aim of providing systems for retail and commercial asset finance companies.

DWF merges with Fishburns, acquires Cobbetts

Asset and motor finance law firm DWF intends to acquire Cobbetts LLP and has completed its merger with professional indemnity practice Fishburns LLP.

Chafes finance litigation team to join DWF

The entire finance litigation team of Chafes Solicitors, including head of lender services John Perez and head of debt and asset recovery Julia Williams, will move to fellow law firm DWF as of 1 February.

Barclays to fund Tusker expansion

Tusker, the salary sacrifice fleet operator, has secured a funding line from Barclays which made the bank ‘integral’ to the company’s future.

Ignition regional growth spurs £65m ambition

Ignition Credit has reported strong growth in its home region of South West England with sales volumes in the 12 months to July 2012 at £28.8m, and announced plans to double its lending activities over the next three years.

ING commended at NACFB awards

ING Lease (UK) has taken home the prize of Vehicle Finance Provider of the Year at the National Association of Commercial Finance Brokers’ Annual Gala Dinner, on a night that also saw wins for Investec Asset Finance and Close Brothers.