The property services industry stand to lose billions of pounds due to collapsed deals in the coming months due to the imminent stamp duty holiday cliff-edge, which threatens to deliver a considerable blow to the property market and the wider economy. According to property analysts Twentyci, one in five of the 457,358 purchases made subject […]
The Enterprise Investment Scheme Association (EISA), the membership organisation responsible for advising the government on the best conditions to encourage private investors to support growth businesses through the Seed and Enterprise Investment Schemes (SEIS and EIS), has written to the chancellor with a seven point wish list ahead of the forthcoming budget. Director general of […]
RSM Corporate Finance LLP has advised on the sale of Bristol Uniforms and Bell Apparel to US-based safety company, MSA Safety Inc. MSA has acquired Bristol Uniforms in its entirety as a going concern in a deal worth £44m, with 200 staff continuing in their current roles. The purchase enables Bristol Uniforms to enter […]
DF Capital, the newly authorised specialist commercial lending and personal savings bank, today announced that it has now supported over £1bn of sales to UK dealers and manufacturers since it started lending activities in 2017. In addition to this, the business has also raised over £145m of deposits since it launched its maiden, market-leading savings […]
Local people will have the chance to learn valuable construction skills working on a project to develop a well-known derelict site in Birmingham city centre. The West Midlands Combined Authority (WMCA) is funding a £100,000 skills hub on the site at Ludgate Hill car park in the Jewellery Quarter to offer local people free construction […]
New monthly data has shown that new business formations in September 2020 reached nearly 30,000 – a record number in the past 13 years. This follows previously reported data indicating that, despite the impact of the pandemic and lockdown restrictions, entrepreneurs have started businesses in high numbers in 2020 while investment into tech start-ups was […]
Research by national estate agent, Keller Williams UK, has revealed how the rental market has been impacted by Covid where the average cost of renting is concerned. Keller Williams analysed rental market data looking at the average rental cost and how it has changed between 2020 and 2019. The figures show that across England, Covid […]
Recognise Bank, a subsidiary of City of London Group plc (AIM: CIN), and the UK’s newest SME bank, is pleased to announce that it has issued its first loan to Bristol based, Eve Commercial Properties (owners of the property), whose director Nicola Walther has founded The Orange Tree, a new and innovative working hub providing […]
United Trust Bank (UTB) has launched a ‘Fast-Track’ service for bridging applications. This new service was soft launched in Q4 2020 and the feedback has been overwhelmingly positive. Supported by a dedicated Fast-Track team, the aim of this new streamlined service for loans meeting qualifying criteria is to simplify the process for straightforward transactions, making […]
Following ThinCats’ recent announcement of a record year for lending in 2020 with almost £300m provided to mid-sized businesses across the UK, the company has added to its Northern credit team with the addition of Ben Drummond as credit partner. ThinCats operates a regional credit model where origination and credit terms work together to service […]
