With 46% of CFOs expecting operating costs to rise “significantly” this year and commercial lending falling to its lowest rate in years, businesses looking to buy commercial property cannot afford an unforeseen VAT cost. Here, alt-fi promises an elegant solution, argues Freddie Digby, CCO of Adsum. The last few years have been some of the […]
Today, a monthly SME Recovery Tracker from ACCA (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN) reveals UK SMEs have experienced a steep drop of 20% in growth figures. In April this year, 94% were actively looking to grow their business, however current figures are now significantly lower at 75% which […]
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that ASB, one of New Zealand’s leading commercial banks, is live on the nCino Bank Operating System®. ASB deployed nCino’s Commercial Banking Solution as part of their journey to create a single, cloud-based platform to better serve […]
London-based global executive search firm TritonExec has secured a $30m (£22.5m) investment by Singaporean multinational technology corporation Prytek, in a deal supported by FRP Corporate Finance. The investment will see TritonExec – a specialist in leadership recruitment for the professional services, financial services, fintech and technology sectors – become part of Prytek’s talent solutions division […]
A new joint research report titled ‘Backing Innovation-led Businesses: the role of public investment’ reveals how the programmes delivered by the British Business Bank, UK Research & Innovation and Innovate UK play a fundamental role in supporting the success of innovation-led businesses. The report acts as a timely reminder of the importance of securing appropriate […]
June saw a spike in buy-to-let purchase activity, according to new data from Legal & General’s SmartrCriteria tool. Searches on behalf of portfolio landlords soared by 21%, while those for consumer buy-to-let mortgages grew by 7%. ‘Holiday let/Air BnB’ was also the ninth most searched criteria point, up from tenth in May. This latest data […]
The pandemic-induced shift from in-store to online shopping has opened a new age in ecommerce and the Baltic region is no exception: according to Statista, ecommerce revenues in the upcoming year are expected to grow 13.66% in Estonia, 14.80% in Latvia, and 18.45% in Lithuania. In response to the ongoing rise in demand, the region […]
The automotive sector is yet to break free from the supply disruptions and semiconductor shortages caused by the pandemic back in 2020 but there are signs that the situation may be beginning to ease. Results out this week show that car production fell in the first half of the year – down by almost a […]
Compare My Jet has analysed the most entrepreneur-friendly business hubs across the globe, comparing metrics such as corruption levels, economic freedom and financial stability. Singapore, Geneva and Amsterdam were revealed as the top three most entrepreneur-friendly cities. Hong Kong, Shenzhen, and Beijing are the world’s least entrepreneur-friendly cities. Compare My Jet has researched metrics such […]
Further details of a new iteration of the Recovery Loan Scheme, designed to support access to finance for UK businesses as they look to invest and grow, are published today. Participating lenders will be listed on the British Business Bank website once they are open for applications. The scheme will support facility sizes of up […]
28/07/2022
Edition 301 – June/July 2022
High quality By Business Money group editor Robert Lefroy Financial services...
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