One year after the General Election, the Home Builders Federation (HBF) has released a progress report warning that, despite a positive start, housing delivery continues to fall and is well short of the levels needed to meet Government’s target of 1.5 million new homes. While early planning reforms have been welcomed by industry, the report […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: The UK government has staked its reputation on providing stability for investors, so the scenes in parliament today, which appeared to show the chancellor in distress, upset markets. The pound fell sharply against the dollar and the euro, and government borrowing costs jumped. The worry is […]
A specialist business bank which has supported SMEs and landlords with more than £760m of mortgage lending since it launched, has announced new lending growth of nearly double, and continued profitability in 2024. Award-winning Redwood Bank made the announcement in its newly published 2024 Annual Report and Accounts which reported new lending of £136m, almost […]
Manchester based Northbuild Recruitment Limited will be able to enhance its rapidly growing business following receipt of a £1m confidential invoice discounting (CID) facility from Cynergy Business Finance. The facility will enable Northbuild to achieve its significant growth ambitions, as it continues to expand its client base to respond effectively to needs across the construction, […]
A colourful farmhouse offering accommodation to visitors to Gower will create six new themed barns on-site thanks to a £200,000 loan from the Development Bank of Wales, via the Wales Tourism Investment Fund. Pitton Cross Farm is set on 12 acres with sea views, sits just two miles from Rhossili Beach, and within walking distance […]
Duncan & Toplis, one of the UK’s largest accountancy and business advisory groups, is pleased to announce that Leicester-based accountancy firm Torr Waterfield has joined the group. This marks a significant milestone for both businesses and sees Duncan & Toplis establish a dedicated office in Leicester city for the first time, further strengthening the presence […]
A leading tax expert has called on chancellor Rachel Reeves to revisit long-abandoned proposals from the defunct Office of Tax Simplification (OTS) to fix the UK’s over-complicated tax system and unlock greater yield – without further damaging business confidence or deterring investment. In light of recent economic shifts, including trade uncertainty and fiscal tightening, the […]
INTARIA AG, a leading provider of audit and tax advisory services for mid-sized clients in Germany, has entered into a strategic partnership with Moore Belgium, Moore DRV from the Netherlands, and Moore Kingston Smith from the United Kingdom. As part of this partnership, Moore Belgium has acquired a majority stake in INTARIA, while the INTARIA […]
Has the wandering orphan has finally found a home? There is a rationale to Santander’s acquisition of TSB. The Spanish owned Santander made its entry into the UK market, swallowing low hanging, though somewhat overripe fruit, following the great regulatory disasters afflicting UK banking in 2008. Alliance and Leicester, Giro Bank and Bradford and Bingley […]
West One has today announced its expansion into the commercial mortgage market, marking a significant milestone in its mission to deliver comprehensive, market-leading property finance solutions. The specialist finance lender’s commercial product will initially be available to a select group of commercial mortgage brokers through a product pilot. However, it is planning a full-market release […]
