Lex Autolease adds its backing to Broker News A BIG welcome to Lex Autolease. The largest funder in the UK is adding its support to Broker News as we continue to champion the leasing broker sector. To start us off there is an insightful feature written by Paul Sperring, fraud manager at Lloyds Banking Group, on know your customer: real or impersonator? It’s an important read. Congratulations…
Rod Hallworth FLEET Alliance is saddened to announce the sudden death of Rod Hallworth, managing director of long-established and hugely respected broker Anthony K. Anthony K had recently become an Appointed Representative of Fleet Alliance, cementing a close relationship that stretched back over 20 years of trading as a Fleet Alliance Partner. With founder Tony Nugent stepping back from the day-to-day running…
Chip shortage puts pressure on leasing brokers despite soaring lease sales THE shortage of semiconductors is having a devastating effect on car registrations – September is the weakest for 23 years according to preliminary SMMT figures. On the other hand, leasing brokers are having bumper sales months, but…but the gap between selling the leasing deal and payout on actual car or van…
Tax and lack of fuel focuses UK plc on EVs CHANGES to National Insurance in the form of a 1.25% levy to fund the NHS, along with lack of fuel at filling stations, is focusing everyone’s minds on going EV. Although van drivers remain unconvinced. But for how long? BVRLA Broker Conference Only Three Weeks Away There’s less than three weeks to…
Hitachi Capital Vehicle Solutions: now backed by the fourth biggest bank in the world JUST let that sink in for a minute. And then let me add some: the three banks ahead of it are Chinese. Want some more? BNP Paribas, owner of Arval, is in ninth; and Lloyds Banking Group, which owns the UK’s largest leasing company, Lex Autolease, is a…
Understanding Digital Transformation I WAS talking to Paul Parkinson yesterday about the forthcoming BVRLA Leasing Broker Conference and some of the topics that will be discussed on the day. Among the issues that Paul – boss of Synergy and soon to be chair of the BVRLA Leasing Broker Committee – is keen to tackle is the speed of digital change. “The pandemic has…
Congratulations To Chris Swallow BRILLIANT news from Chris Swallow – national sales manager for indirect sales at Hitachi Capital Vehicle Solutions – is the birth of Ruby Julie Swallow, 6lb 10z, to his partner Sal. Warm congratulations from all of us at Broker News. Leasing Broker Conference – register now Don’t forget to take advantage of the opportunity to network with expert speakers from…
Super Deduction Allowance – Time To Modernise Tax Incentives GOVERNMENT must modernise its approach to tax incentives. The brilliant 130% Super Deduction Allowance introduced to stimulate post-pandemic recovery – while useful for commercial vehicle and equipment acquisition – is at odds with the way most businesses acquire new vehicles: and that’s by leasing and short-term hire. So the BVRLA has written to…