Savills forecasts presented to real estate audience in Edinburgh. The Scottish market has so far proved to be ‘resilient’ this year in the light of settling mortgage rates, says Savills. Speaking ahead of his presentation to a 400-strong real estate audience at the Scottish Property Outlook Conference in Edinburgh, Faisal Choudhry, Savills head of residential […]
Prime minister Rishi Sunak has visited the UK’s newest freeport at Holyhead in Anglesey, promising it will “turbo charge” economic growth in Wales. Mr Sunak, accompanied by Wales’ first minister Mark Drakeford, met port authorities in Anglesey, which along with Celtic Freeport covering Milford Haven and Port Talbot in South Wales, were announced as two […]
New data reveals that productivity is the lowest in retail and public sector as staff turnover soars in both sectors. This new analysis comes following the Chancellor of the Exchequer setting out his mission to get Britain back to work to boost productivity at the Spring Budget. Leading HR consultancy Wilford Scholes has found that […]
Following the Bank of England announcing it has once again raised interest rates, specialist short-term lender, Hope Capital, has announced it will be holding rates on all deals over £500k until at least the end of April. Hope Capital introduced its fixed rate scheme, the Hope Guarantee, in September 2022, providing brokers and their clients […]
Lincolnshire based Silo Facilities Management have their sights set on growth confident that their funding partner and a £130k new funding package will facilitate their ambitious aspirations. The family run firm is one of the UK’s longest standing silo facilities management companies with over fifteen years of commercial experience specialising in silo installation, cleaning, and […]
The office for National Statistics has reported retail sales figures in Great Britain for February: Retail sales volumes are estimated to have increased by 1.2% in February 2023 following a revised rise of 0.9% in January. Year-on-year sales fell 3.5%, better than the expected decline of 4.7%. Total non-food stores sales volumes (department, clothing, household […]
New data from FICO on UK card trends appears to reflect the contrasting picture of the economy. January saw inflation slightly pegged back compared to the end of 2022; retail sales also improved marginally in the new year. In a similar vein, the FICO data shows that many of those consumers missing one credit card […]
The Association of Taxation Technicians (ATT) has warned companies claiming R&D tax relief, and their advisers, that they will soon need to provide extra information in order to make a claim. In yesterday’s Finance Bill, the government confirmed it is bringing forward a requirement to provide additional detail in claim applications, which will now apply […]
Pepper Money has secured new warehouse facilities, worth more than £1.2bn, to support its lending growth plans for first and second charge mortgages. Three new funding lines for first charge mortgages have been agreed with Deutsche Bank, Lloyds Bank and MUFG. Pepper Money has also secured a new agreement with Santander to fund its second […]
McArthur’s Yard, the much-anticipated new residential development on Bristol’s harbourside, has been brought to the market for sale by Savills. Occupying a prime waterfront position adjacent to the SS Great Britain, McArthur’s Yard is one of the last remaining development sites on Bristol’s famous harbourside. Comprising a series of warehouse buildings, which were once the […]
30/01/2023
Edition 304 – December/January 2023Those usual suspects By Business Money group editor Robert Lefroy TCA: Two ye...
Sign up to our newsletter
