At its recent party conference, the Labour Party committed to reducing average working hours to 32 hours a week – effectively creating a four-day week. A new paper by Jethro Elsden, data analyst at the Centre for Policy Studies, attempts to evaluate the costs for the public sector. The report featured in The Times this […]
The average interest rate on new bank loans for businesses has suddenly jumped from 2.56% to 3.05% in the last month as banks turn increasingly cautious on Brexit risks, says Growthdeck, the private equity investment firm. Rates on new business loans are now at their highest level in more than a decade. Average rates fell […]
Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has sharpened the rates on its range of five-year, fixed-rate deals — and lowered some product fees by as much as 0.5%. Its 3.39% buy-to-let product for standard properties now carries a product fee of 1.5% (down from 2%) and is available on loans of up […]
Hope Capital has extended its lending to 24 months. Up until now Hope Capital’s maximum lending term was 12 months but this has now been doubled where it is the right solution, making its lending more flexible. With rates starting from just 0.69% on loans of up to £5m across its range of bridging loan […]
Almost two-thirds (64%) of CFOs expect that within the next five years the financial world will no longer be able to operate without big data, however, 13% of CFOs think this is already the case. Currently, financial directors are mainly using big data to make well-informed decisions (54%), to make predictive analyses (41%) and to […]
While uncertainty about the exact timing of Brexit looks set to linger on into 2020, chartered accountant Wylie & Bisset is advising SMEs to prepare for change now by applying for a Brexit Support Grant. Funded by the Scottish Government, the Brexit Support Grant provides a minimum of £2,000 and a maximum of £4,000 to […]
Creative businesses, with ambitions to grow, are being offered a unique support package to help them to scale up by the West Midlands Combined Authority (WMCA). The Creative Scale Up Programme offers developing companies the opportunity to benefit from monthly coaching sessions and a series of workshops and seminars covering a range of subjects designed […]
NatWest today brings its business banking customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites. NatWest has launched the new feature across its full […]
Digital football resource football4football is set to revolutionise the sport at grassroots levels following a £150,000 matched funding investment from GC Angels. The interactive hub is aimed at individuals across all levels of the game, advising on what to eat, how to improve, and what to do in case of injury. With content from World […]
The International Islamic Trade Finance Corporation (ITFC) today announced significant progress in its trade financing initiatives in the third quarter of 2019 (Q3), boosting inclusive growth and shared prosperity across OIC Member Countries with financing transactions totalling over US $2.2bn. Major Framework Agreements were signed with Djibouti, Kyrgyzstan, Senegal, Tunisia and Uzbekistan to strengthen ties […]
