Experian exclusive: Businesses’ credit scores stabilise as recovery is in full swing December 6, 2021 Businesses’ credit scores are recovering well from the impact of Covid-19, according to industry giant Experian, sharing some of its findings exclusively with City A.M. this afternoon. Business credit score levels were back up to the pre-pandemic average of 44 by September 2021, compared to a score of 40 throughout most of lockdown. Looking at [...]
Experian delivers strong sales performance July 15, 2021 Credit reporting company Experian saw sales increase by a third in the past three months up to June 30, raising its annual revenue forecast. The Ireland-based firm now expects to see total revenue growth for the full year range between 13 and 15 per cent, with organic revenue growth making up 9 to 11 per [...]
City Moves: Who is switching jobs in the Square Mile this week? April 14, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. John Lewis hires ex-Experian lead John Lewis has appointed a new director of financial services in London this week, who will step into the new role on 14 June. Amir Goshtai, who joins [...]
Experian reports rise in revenue after ‘resilient’ performance November 17, 2020 Data credit company Experian (EXPN) is bullish on revenue growth in the third quarter after a ‘resilient’ performance in the first half of the year, despite the backdrop of the pandemic. Revenue for the first half of the year at constant currency grew three per cent after a strong performance in the second quarter. Experian [...]
Experian clashes with watchdog over personal data use October 27, 2020 Experian has clashed with the UK data watchdog over an order requiring the credit reference agency to make fundamental changes to the way it handles customer data. The Information Commissioner’s Office (ICO) today published the findings of a two-year investigation into Experian, Equifax and Transunion over how they use personal data for direct marketing purposes. [...]
We should embrace data and use it well – not guard against it September 15, 2020 The coronavirus pandemic holds no shortage of challenges for British business, but it has highlighted the importance of data. Combined with good judgment and expert knowledge, it gives us the insight to act with accuracy and speed. Data has identified where to send medical supplies or channel financial support to businesses. It has allowed food [...]
Experian warns of ‘weak’ UK and Europe business sales January 17, 2020 Credit scoring giant Experian posted a rise in revenue for the end of 2019 despite drops in the UK and Europe. Revenue grew seven per cent in the three months to the end of December, Experian revealed today as it stuck to guidance for its full-year results. While Experian’s North America and Latin America divisions [...]
Experian shares surge as revenue rises to $2.5bn November 12, 2019 Consumer credit giant Experian today posted revenue growth of seven per cent for the first half of 2019, with profit growing to $480m from $470m in 2018. Revenue grew to $2.5bn in the period, up from $2.36bn in 2018. Read more: Experian posts 2019 profit rise helped by global growth The information services group narrowed [...]
City Moves for 30 May – Who’s switching jobs at HSBC UK, Experian and Lane, Clark and Peacock? May 30, 2019 Today's City Moves includes HSBC UK, Experian and Lane, Clark and Peacock. HSBC UK HSBC UK has appointed Sharon Quinlan to the key role of head of corporate real estate. In her new role, Sharon will be focused on supporting HSBC UK’s real estate customers with their debt finance requirements and expanding the bank’s commercial property [...]
Experian posts 2019 profit rise helped by global growth May 15, 2019 Credit reporting company Experian’s profit grew in 2019 thanks to global expansion, with its North America and Europe, Middle East, Africa (EMEA) and Asia Pacific divisions seeing double digit revenue growth. Read more: Experian abandons £275m Clearscore merger after competition watchdog probe The figures Experian’s profit before tax rose at an actual rate of one per cent, [...]