View more on these topics

Norton Finance Group in consultation with 31 staff


Norton Finance Group is stopping all debt management work by subsidiaries Ashley Park Solutions and Express Debt Solutions and is in consultations with 31 staff.

The consultations began on 15 March and will run for 30 days.

The group employs 210 staff in total.

Norton Finance Group loans and mortgages director Paul Stringer says: “This decision has been made for commercial reasons.

“The remaining Norton Finance Group companies are unaffected by this proposal and will continue as normal.”

Norton Group has lending and broking arms.



Osborne slashes corporation tax to 17%

Chancellor George Osborne has again taken the axe to corporation tax, with the rate set to fall to 17 per cent in 2020. The corporation tax rate is currently 20 per cent. Under existing plans was due to fall to 19 per cent in April 2017 and 18 per cent by 2020. However, giving his […]


Osborne cuts CGT to 20%… but not for property

Chancellor George Osborne has moved to reduce capital gains tax from 28 per cent to 20 per cent. For basic rate taxpayers, CGT will fall from 18 per cent to 10 per cent. The changes will come into effect in three weeks’ time. However rates will remain at the current levels for residential property and […]


CML: Gross lending rockets 30%

Gross mortgage lending grew 30 per cent year-on-year in February, according to the Council of Mortgage Lenders. Lending hit an estimated £17.6bn last month, which was the highest February total since 2008 when lenders advanced £24.1bn to borrowers. While lending was up year-on-year, it fell 5 per cent from £18.5bn in January. CML economist Mohammad […]


News and expert analysis straight to your inbox

Sign up