Despite the continued challenges of the Covid-19 pandemic and its impact on funding rounds globally, Monument (or the “Bank”) has raised over £28m, significantly ahead of expectations and successfully completing one of the largest Series A funding rounds in fintech / banking of 2020 / 21, backed by a combination of new and existing experienced […]
Alternative Bridging Corporation has launched Development 90, a stretched senior loan for mid-size residential developments, providing 90% Loan to Cost on transparent, easy to understand terms. The lending process has been streamlined and unlike separate mezzanine structures, there is one valuation, one solicitor, one monitoring surveyor and one point of contact. Development 90 provides 90% […]
LendInvest, the UK’s leading platform for property finance, has selected it’s Strategic Partners for 2021 with 35 leading broker firms joining the programme. LendInvest’s Strategic Partners programme recognises key broker firms who submit a high level of consistent business to LendInvest, and provides a range of benefits as a result. Firms who are awarded Strategic […]
The Welsh government has published ‘Future Wales – the National Plan 2040’. In addition, Planning Policy Wales has been updated to align with its publication (now Edition 11) while TAN 8: Planning for Renewable Energy and the Wales Spatial Plan are revoked in full. Required by law under the Planning (Wales) Act 2015, the document has been […]
Metro Bank has announced a partnership with Churchill Expert, part of the Direct Line Group, to offer a range of insurance products tailored for SMEs. The bank has chosen Churchill Expert because of their excellent track record on customer service, as well as its offering of a wide range of 4 and 5 star Defaqto […]
Business optimism improved amongst business & professional services during the three months to February, with employment expected to rise in the next quarter, according to the latest quarterly CBI Service Sector Survey. In consumer services, however, sentiment and employment continued to fall and the outlook for the next three months remains poor. Business volumes in […]
CapitalBox, the leading pan-European online lending platform for SMEs, today unveiled research that shows more than half of European SMEs relied on loans to survive 2020. There was a variation across countries in how many applied for loans, with more SMEs in Finland applying for loans (60%), followed by Sweden (58%), the UK (56%), the […]
Barclays is providing a bespoke support programme to local businesses to help the UK’s economic recovery at a local level. Focusing first in Bury, Kilmarnock, Taunton Deane and Great Yarmouth, Barclays’ Rebuilding Thriving Local Economies (RTLE) pilot areas, the package offers support to boost growth for local businesses. The RTLE initiative will provide a range […]
Developer Southern Grove has secured planning permission for a £7m development of premium mews houses in north London. The scheme, called Powys Grove, will create nine family homes in the heart of Enfield on an infill site of the kind routinely overlooked by most developers. Southern Grove has been very vocal in advocating for better […]
Aim Listed Time Finance are delighted to announce they have appointed Ed Rimmer as interim chief executive officer with immediate effect. Ed re-joins the leading alternative financial services firm having previously served as chief operating officer at Time Finance until April 2020. He brings with him a wealth of experience having gained over 20 years’ […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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