Middlesex veterinary surgeons, Willett House, is continuing to thrive and support local pet owners with the help of a six-figure funding package from Lloyds Bank. The £840,000 loan from Lloyds Bank has funded the refurbishment of its Staines practice and the purchase of a CT scanner, advanced technology which is usually only available via a […]
Aldermore bank has today increased the rates on a range of its fixed rate business savings products. The following business savings rates will be available immediately: 6 Month Fixed Rate – increase from 0.55% to 0.75% 1 Year Fixed Rate – increase from 0.75% to 1.00% Ewan Edwards, director of savings, Aldermore comments: “We’re committed […]
Supermarkets and their customers face £3.1bn a year of tariffs on food and drink unless a free trade deal is reached between the UK and the European Union. The UK grocery sector is one of the most competitive in the world and operates on tight margins to offer customers the best value possible. However, if […]
New York again headed the rankings in the Global Financial Centres Index 28, launched today by Z/Yen Group in partnership with the China Development Institute (CDI) in London and Seoul. London improved its performance, and while it remained in second position, it closed the gap in the GFCI ratings on New York. Shanghai overtook Tokyo […]
Good afternoon As a friend of Business Money you may join this annual conference free. WOA 2020 brings fifteen renowned experts together for three sessions that will look at where we are now, the support that technology can provide and how we can embed the lessons of new ways of working for the future. No […]
Dexam International Ltd has secured a £1.6m asset-based lending facility from Arbuthnot Commercial Asset Based Lending (ABL) to support its future growth plans and drive further operational efficiencies. The flexible funding package comprised a £1.1m confidential invoice discounting line and a £500,000 revolving stock facility. Dexam International is a family run company that has been […]
Digital transformation can help Latin America and the Caribbean (LAC) region recover more quickly from the Covid-19 crisis, according to the Latin American Economic Outlook (LEO) 2020: Digital Transformation for Building Back Better. The report is jointly produced by the Development Centre of the Organisation for Economic Co-operation and Development (OECD), the United Nations Economic […]
Coventry-based Dunlop Systems and Components is a high profile, international business established in 1890. They design and manufacture advanced electronic control systems and air suspension components, specialising in supplying top quality products and systems to the automotive and ancillary industries. Their team are experts in air suspension products at component level up to fully integrated […]
A new report highlights how Covid-19 is expected to change the financial services workplace, according to Lloyds Bank. Almost all (89%) financial institutions plan to maintain flexible working patterns for employees and eight in ten (81%) expect to use digital platforms like Microsoft Teams and Zoom to liaise with clients. Two-thirds (68%) will use new […]
Unauthorised fraud fell by 8% to £374.3m in first half of 2020, as the banking industry prevented £853m of losses. Criminals are exploiting and adapting to Covid-19 with a rise in online data harvesting and a fall in cheque and contactless card fraud. £207.8m was lost to Authorised Push Payment (APP) fraud, in line with […]
July 31, 2020
Edition 286 – June/July 2020
More questions than answers By David Grosse, of Number Eight Business Finance...
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