New data from Time Finance reveals that one in three businesses see effective monitoring of their impact on the environment to be the most crucial step in building a more sustainable future. The findings form part of Time Finance’s annual Going Green survey which looks to uncover progress and priorities behind UK businesses’ environmental, social […]
The Chinese government is committed to reaching carbon emission peak by 2030, and the promotion of new energy vehicles is one of the main policy directions. In 2022, China accounted for over half of global electric vehicle (EV) sales, making it the world’s largest and one of the fastest growing EV markets. Kantar, the world’s […]
Sales figures are not adjusted for inflation. Given that both the January SPI (BRC) and December CPI (ONS) show inflation running at historically record levels, the rise in sales masked a much larger drop in volumes once inflation is accounted for. Covering the four weeks 1 – 28 January 2023 UK Total retail sales increased […]
Specialist lending firm Somo Bridging will launch an unmissable deal on Tuesday 7 February that will see it pay up to £2,000 of the lender legal fees if brokers or borrowers ‘lock-in’ a deal by midnight on Tuesday 28 February. In a similar promotion in 2022, Somo saved borrowers over £25,000 in lender legal fees […]
Foundation Home Loans, the intermediary-only specialist lender, has today announced price reductions on its owner-occupier and buy-to-let mortgage products. In the owner-occupier range, Foundation has cut rates on its fixed rate specials by 90 basis points (bps) across both its F1 – for clients just missing out on the mainstream – and F2 – for […]
Four leading trade bodies, who together represent industries employing over ten million workers in the UK, are calling for urgent reform to the broken Apprenticeship Levy system. So far, £3.5bn of Levy funds have expired under the use-it-or-lose-it scheme, because businesses were unable to meet the restrictive requirements they must meet to draw on the […]
InterBay, part of specialist lending OSB Group, has expanded its already established legal panel to help speed up applications across their commercial and semi-commercial ranges. InterBay have partnered with well-known and trusted specialists in the industry: Harold Benjamin, Insight Law & JMW Solicitors. This expansion will provide brokers and their clients with greater choice in […]
US-Chinese tensions spread unease among investors after shooting down of ‘spy’ balloon. FTSE 100 opens lower, slipping away from Friday’s record close. Pound hovers around $1.20 amid expectations that the Fed will have to keep raising rates. New dawn for Northumberland giga-factory as Australia’s Recharge is given preferred bid status after Britishvolt collapse Frasers Group […]
Intergiro, a Swedish business account provider and payment processor, has announced that it will offer free banking services to merchants who open a merchant business account with the company. This move comes in response to rising inflation rates and uncertain market conditions, which places pressure on businesses to reduce costs. By providing free business banking […]
According to the latest Year in Review UK Finance Labour Market Trends report by Morgan McKinley and market data analysts Vacancysoft, key recruitment trends show that in 2022 there were over 87,000 new professional vacancies in the financial sector across England and Wales. This constitutes a year-on-year growth of 27.6% in relation to 2021. A […]
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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