International real estate advisor Savills predicts that the UK and European Self Storage market will undergo significant consolidation over the next decade, with multiple “mega platforms” of more than 500 facilities expected to emerge, positioning Self Storage as a leading institutional asset class across the region. The advisor anticipates that consolidation and platform-scale mergers and […]
NatWest has announced partnerships with four leading UK universities to strengthen the UK’s innovation and startup ecosystem, driving growth, business productivity and creating high-value jobs across all regions of the country. The University of Manchester, University of Brighton, and University of York have signed partnerships with NatWest to provide targeted support for early-stage businesses, student […]
New figures released today show that business expenditure on research and development (R&D) in the UK is recovering after several years of decline. In real terms, spending increased by 2.3% to £55.6bn in 2024 compared to 2023. The rebound follows two consecutive years of falling private R&D spending. However, the National Centre for Universities and […]
Specialist Hub has announced the launch of a new semi-exclusive buy-to-let second charge product developed in collaboration with Scroll Finance – marking a significant step forward for brokers seeking competitive pricing and faster decisioning for landlord clients. Scroll Finance continues to strengthen its footprint in the specialist lending market. Its innovative approach to technology-enabled underwriting […]
The evening before the Autumn Budget this week, SMMT held its 108th Annual Dinner and it was one of the most successful in recent memory, joined by more than 1,000 people, the Rt Hon Peter Kyle MP, secretary of state for business and trade, and a raft of other politicians including a number of former […]
98,450 transactions completed in October despite ‘kite flying’ uncertainty. The property market will need to keep being resilient to tackle Rachel Reeves’ council tax Budget shake up, say leading audit, tax and business advisory firm, Blick Rothenberg. Mark Cunningham, a partner at the firm said: “Despite the kite flying and uncertainty created in the long […]
The announcement that local mayors can impose Tourist Levy’s on the overnight stays of people visiting their jurisdiction is a disastrous tax on hotels. Paul Callingham, chairman of Starboard Hotels Ltd said: “There was nothing that would seriously adversely affect hospitality during the chancellor, Rachel Reeves, Autumn Budget speech, but the announcement that the government […]
In an ONS survey held before this week’s contentious Autumn Budget, fewer transport & storage companies said they are expecting an increase in turnover in December than any comparable sector, while a surprise 10.9% reduced the price of their services in October. This was significantly more than any other business sector, says the home delivery […]
UK interest rates are set to fall sooner and faster than markets currently expect, predicts the CEO of one of the world’s largest independent financial advisory organisations, as fiscal clarity and cooling inflation align for decisive action from the central bank. deVere Group now forecasts a Bank of England rate cut in December, followed by three […]
Barclays Business Prosperity Index from 18 November showed that UK businesses were in a cautious mode ahead of the government’s Autumn Budget, with over half of businesses delaying investment decisions until after the fiscal event. Despite uncertainty in the external environment, business leaders showed confidence in the future of their own business and were poised to […]
