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May 2022 The Rob Report It has been a while since I have taken the time to write my usual quarterly Rob Report and bring you the relevant news and reflection from the market place. The world has become a different place and from a business perspective, more difficult to navigate. Issues that were once considered fiction are now very real and what we once felt as real issues, less important in the scheme of things. Either way, times are irreversibly different - what ever different really means. In this issue I am reporting on the effects on the motor industry from the war in Ukraine, Unintended Consequences, the Bank of England base rate increase, What It Means and our new partnership with Hagerty International. Hopefully, all a good read. As always, on behalf of my team, I thank you all for your continued support and hope to always deliver our high standard of service well into the future. Best wishes
Unintended Consequences... At the beginning of the year, if someone had said to me the Vladimir Putin would invade Ukraine and that one of the results of this was that there would be a two-year wait for a new Porsche, I am not sure I would have believed them, nor seen the link between the two. At a time of intense suffering for many, the first-world problem of a delayed Porsche delivery is obviously irrelevant as part of a wider world view. However, the knock-on effects of these delays are already being felt throughout the market and therefore worth discussion...
The interest rate rise - what it means...We are dedicated to making it easier for you to monitor and analyse the economic climate. To discuss a potential re-structure, or your position call the team today. As always, we are here to talk things through and see if there is any benefit to change...
Hagerty partnership We are pleased to formally announce our new partnership with specialist insurance giant Hagerty International. In our continued attempt to deliver more than just finance, the synergy between our companies is obvious in an attempt to provide competitive products with experience and integrity. Our relationship will benefit both our customers and the ever increasing demands of our lenders, to ensure the cars we finance are suitably insured with adequate cover. For 2022, Hagerty have launched a track and race car product to further extend their portfolio of service offerings with a clear, concise and cost effective policy...
From the officeGood luck dear friend Earlier in the year we said farewell to our Commercial and Motorsport Director, Ed Barton Hilton. Ed has taken a role at FF Corse Ferrari where he will undoubtedly be a key asset to the operation. We thank Ed wholeheartedly for his support and invaluable knowledge of the motorsport sector. Ed will still be driving for our historic race team and hope he applies some of those new Ferrari driving skills! Thank you Ed for your hard work and support - from the team.
Welcome to the Board
It is with great pleasure that we have invited Lauren Davies, our head client funding specialist, to the board as a Director and stakeholder in the business. Lauren has worked extremely hard with her self development over the past five years and is testament to the fact that the desire to be a formal part of the business you work for is more than possible. We look forward to many years ahead as Lauren drives the evolution of our business. Your Team Sam
Approaching her first anniversary with us, Sam has well established herself in the difficult position as Operations Manager. Balancing the expectations of our clients, driving past the administrative perils of our lenders and adhering to all compliance related issues. Sam has grasped the role with the experience and professionalism demanded for this challenging task. There is no substitute for experience.
Eleanor
We would like to warmly welcome Eleanor Grigg to our company. Ellie has joined our evolving Lifestyle Finance team as a specialist to support our high net worth client enquiries. Joining a highly experienced and professional team, Ellie brings a strong client facing ability and problem solving approach. Already demonstrating a determination to expand her commercial expertise.
Imelia
Another warm welcome to our new marketing coordinator, Milly Taylor, who joined us in April this year. Milly has great energy and enthusiasm, which combined with her vision will bring you some amazing features and events throughout the year. She will be offering race meeting tickets, partner events and our new series of Podcasts which is about to launch. Go Milly!
27th May 2022 F4 at Thruxton Circuit - Tickets available Congratulations to Hitech GP's Alex Dunne on his well earned victory. Thank you to those who joined us at Donington Park! The energy for the 2022 Championship was immense and we're really looking forward to seeing more of you throughout the season. Get in touch for your chance to experience these new drivers make history.
Coming soon...
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