Boat sales in the UK will be protected from money-laundering criminals after a major technology deal has been secured for brokers and agents. The Association of Yacht Brokers and Agents (ABYA) has entered into a strategic partnership with SmartSearch, the UK’s leading provider of anti-money laundering (AML) software. The deal will provide ABYA members with […]
New research from Octane Capital, reveals that the number of active holiday lets has increased by as much as 33% in some of England’s most popular short break destinations, with the increasingly popular holiday let mortgage helping to drive this significant market growth. The short-term holiday rental market has been thriving ever since the rise […]
Christie & Co’s Mid-Year Review The review notes that hoteliers have been faced with a challenging trading environment so far in 2022, with headwinds such as inflation, staff shortages and wage increases, supply chain disruptions, spiralling energy costs and the cost-of-living crisis all having intensified significantly over the last six months. Yet the success of […]
West Sussex-headquartered cycling e-retailer The Rider Firm has put the wheels in motion to grow its business in the UK and US. The Rider Firm designs, engineers and e-retails premium bicycle components including carbon and alloy wheels, bikes and cycling accessories. Its wheel brand, Hunt, is its top seller. It also sells Privateer mountain bikes […]
Recovering occupancy rates and food and beverage sales are combining to fuel a marked recovery in the London hotels market, according to the RSM Hotels Tracker. The data, compiled and produced by Hotstats and analysed by RSM UK shows that for the first time since prior to the pandemic, occupancy rates in London are now […]
Lanarkshire’s first centre dedicated to bouldering and climbing has launched after the business owner received specialist support, advice, and signposting to funding worth £8,000 from Business Gateway. Officially launched in early 2021, Hang On Climbing Centre provides over 180 routes of bouldering, a type of rock climbing performed on small rock formations or artificial rock walls. Leaving behind […]
Pantheon Hotels and Leisure Limited, an owner of two hotels based in London & Essex, received £3.7m of new funding through the British Business Bank’s Recovery Loan Scheme. This loan empowered the business to re-finance and consolidate its existing external loans and provided the business with the means to invest into the business through capital […]
Northern Ireland luxury bolthole Finn Lough has unveiled extensive development plans that will significantly enhance its wellness and culinary offering and bolster its sustainability credentials. The wellness and ‘escape’-focused luxury resort is situated in forest on a secluded peninsula on the shores of Lough Erne in Enniskillen, County Fermanagh. It is renowned for its Forest […]
Aimrok Holdings, the owner of prominent hotel, The Gresham, which is located in one of Leicester’s most iconic landmark buildings, has received £13.8m of new funding from Cynergy Bank. The Gresham Aparthotel provides luxury accommodation in the historic heart of Leicester. The hotel opened in November 2021 following a £17m refurbishment. The 121-bed Aparthotel also […]
The travel sector is no exception to the scramble for talent, reveals a new report published today. “Restarting travel”, a study from Barclays Corporate Banking, quizzed over 500 travel industry decision makers about their experiences of the past 12 months and expectations for the year ahead. Recruiting and retaining staff and travel restrictions both impacted over […]
28/07/2022
Edition 301 – June/July 2022
High quality By Business Money group editor Robert Lefroy Financial services...
Sign up to our newsletter
