City of London Group plc (AIM: CIN), the parent company of Recognise Bank, is pleased to announce that Philip Jenks, Richard Gabbertas, Louise McCarthy and Moorad Choudhry (the “new directors”) have been appointed as independent non-executive directors of the Company with immediate effect. The new directors are all independent non-executive directors of Recognise Bank Limited […]
Local relationship bank, Handelsbanken, has retained its top-ranking position in three of the five categories identified by the Competition and Markets Authority’s (CMA) independent service quality survey for business banking. The Bank, which has maintained its strong focus on supporting local customers through the ongoing crisis, has today been named best for overall service quality […]
The total value of contract awards in January 2021 was £4.3bn, a decrease of 12% on December 2020 and also 10% lower than the monthly average in 2020 which was £4.8bn. The latest edition of the Economic & Construction Market Review from industry analysts Barbour ABI, highlights levels of construction contract values awarded across Great […]
Bridging completions were £2.88bn in 2020, down from £3.99bn in 2019, but applications grew by more than 11% on the previous year. This is according to the latest figures compiled by auditors from data provided by members of the Association of Short-Term Lenders. The data shows that completions in 2020 fell by 27.9% on 2019 […]
Aspen has appointed Ian Miller-Hawes to the newly created role of Head of Sales, as well as strengthening its underwriting and IT functions with additional hires. Ian will be responsible for driving the lender’s relationships with introducers throughout the country, not only raising the profile of its products and service standards but also assisting with […]
Greater Manchester’s SME community “has shown an unwavering ability to seek opportunity, innovate and thrive in the hardest of times” a new report has revealed. This is just one of the findings in GC Business Growth Hub’s first ever annual review, ‘The Greater Manchester Business Growth Report’, published today. The 53-page document provides vital insight […]
The development of HS2 in the West Midlands will turbocharge the economic recovery from the coronavirus pandemic as it brings forward 175,000 new jobs and generates some £20bn investment. High speed rail will also accelerate the progress towards a zero carbon West Midlands by 2041, set out in the #WM2041 strategy, in part through creating […]
This success has been driven by flexible funding support from Secure Trust Bank Commercial Finance. Most recently, the firm secured a £250,000 CBILS facility in May 2020, adding to the long-term support the bank has provided since 2015. Since then, the Bolton-based supplier of kitchens and appliances for the kitchen, bathroom and bedroom (KBB) industry […]
The Enterprise Investment Scheme Association (EISA) is presenting the opportunity for the chancellor to attract £340m from private investors to support the country’s growing businesses by making some changes to the EIS (Enterprise Investment Scheme) terms in the coming Budget. The challenging economic situation during 2019 and 2020 has seen a 30% year on year […]
The loan will fund the development of a block of 100 one- and two-bedroom apartments, with underground parking and cycle storage in Peterborough, Cambridgeshire. The scheme, which is part of the Riverside Generation Project in Fletton Quay, is a brownfield site by the River Nene, in walking distance of Peterborough station. The scheme is being […]
