Funding 365 has today pledged to rebate property valuation fees to increase cashflow for borrowers using its bridging products to buy property at auction between 25 January and 30 June 2023. The offer applies to Funding 365’s unregulated, first charge bridging loans up to £10m in value secured against residential investment, semi-commercial and commercial property […]
Southern Aqua Seafood (SAQUA), a leading European frozen seafood importer based in Wiltshire, is set to continue to expand its business offering across Europe after receiving a £1m facility from Cynergy Business Finance. Committed to supplying the finest quality seafood from a global network, SAQUA helps to bring a network of trusted fisheries to the […]
The UK’s largest independent invoice finance provider, Bibby Financial Services (“BFS”) has appointed Martin King as head of corporate sales, strategy and partnerships as it continues to grow its support for SMEs and advisors throughout the UK. With over twelve years’ experience in providing asset based lending and cashflow solutions, Martin joins BFS from BOOST&Co, where […]
Early-stage company entrepreneurs are hamstrung by a lack of information on how to access the external funding needed to support their growth plans, according to new research published today by the Venture Capital Trust Association (VCTA). The VCTA surveyed 240 senior decision makers in charge of recently launched small businesses less than seven years old […]
A myriad of pressures from all angles are mounting for NEDs. It is more important than ever that they remain engaged and educated in order to govern properly The pressure is heating up for businesses. With so many international crises, and a growing expectation for companies to care for more than just their bottom line, […]
Business confidence made a positive start to the year with strong gains for a second month in a row, rising by five points to 22% in January. This is the first back-to-back increase since September 2021, bringing business confidence to a six-month high and moving closer to the long-term average of 28%. The increase in […]
The Insolvency Service is now banning, on average, 35 directors per month for Covid Support Scheme abuse, almost treble the 12 per month banned in the previous year*, shows new data from Mazars, the international tax, audit and advisory firm. In the nine months of the 2022/23 year to date (April 1 – December 31 […]
Hotel transaction volumes in the South West totalled c.£166.2m across 23 transactions in 2022, representing a 30.4% increase compared to 2021, according Savills. Domestic buyers represented approximately 66% of transaction volumes with the remaining 34% comprising international buyers in 2022. The international real estate advisor notes that Q1-Q3 were the strongest quarters with 93% of […]
Just Wealth, the financial services arm of national brokerage Just Mortgages has revealed today that they exceeded their 2022 referral target from sister firm Just Mortgages. The ambitious target of 1,000 client referrals for wealth advice was exceed by 20% as the national mortgage broker referred over 1200 cases to the Just Wealth division to help clients in […]
2021 was challenging enough, but the latest UK automotive production figures out this week lay bare just how difficult was 2022. Car manufacturing fell by -9.8% to 775,014 units due to persistent supply chain issues – most notably semiconductor shortages, the effects of lockdowns in China, and the significant structural changes that have taken place in the […]
30/01/2023
Edition 304 – December/January 2023
Those usual suspects By Business Money group editor Robert Lefroy TCA: Two ye...
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