Lender and investor news

07/10/2020

Nuapay and Cybersource team up to expand their offer in Europe’s growing subscription market

Leading provider of account-to-account payment solutions, Nuapay, a Sentenial company, today announces an agreement with Cybersource, Visa’s global payment management platform. The agreement expands Cybersource’s existing alternative payments suite, enabling customers to further tap into Europe’s growing demand for recurring payments using Nuapay Direct Debit solutions. Much of the growth in recurring payments is being […]

07/10/2020

Costcutter Helmsley sold to experienced retail operator through Christie Group

The business is located on a vibrant high street in the attractive and sought-after market town of Helmsley, with a range of boutiques and independent shops nearby. In addition to a standard convenience store offering, the well-fitted store stocks quality local produce from farmers, such as soups and butchery products as well as fresh fruit […]

07/10/2020

AltFi’s alternative lending state of the market annual report

This year our landmark report examines the UK’s flourishing alternative lending market, now worth a record £6.26bn, it explores the wider story of continental Europe, where the market doubled in the last 12 months to over €6.6bn. Get exclusive access now to AltFi’s State of the Market 2020 and explore some of our topics including: […]

07/10/2020

Economic experts expect global economy contraction of 4.4%

Global economic experts surveyed by EconPol Europe expect economic output to shrink by 4.4% in 2020, with projected GDP growth predicted to improve to + 3.2% by 2021. But the forecasts – from 950 experts in 110 countries – suggest that recovery from the economic crash caused by the Covid-19 pandemic will be longer than […]

07/10/2020

UK Finance announces David Postings as new CEO

The decision to appoint David has been made with the unanimous support of the Board of UK Finance. This follows a rigorous recruitment process, led by Sapphire Partners and UK Finance’s nominations committee. Commenting on the appointment, David said: “I am pleased to be taking on this role at UK Finance at such an important […]

07/10/2020

British Business Bank responds to National Audit Office investigation into the BBL scheme

The National Audit Office (NAO) has today published its investigation into the government’s Covid-19 emergency Bounce Back Loan Scheme, which is delivered by the British Business Bank. The report highlights that the Bounce Back Loan scheme succeeded in quickly supporting smaller businesses across the UK to access emergency finance, with more than 1.2 million businesses […]

06/10/2020

Jon Hall, chief commercial officer and deputy CEO of Masthaven, set to leave the Bank in 2021

Masthaven Bank has today announced that Jon Hall will be leaving his position as chief commercial officer and deputy CEO of Masthaven at the end of March 2021. Jon has worked at Masthaven for six years and leaves the business having been part of the leadership team that steered it from an idea, to the […]

06/10/2020

Sovereign in record commercial property deal

Sovereign Housing Association have bought a shopping centre and the adjacent car-park, in the heart of Bristol, in a £27.2m deal from BlackRock UK Property Fund. With 60,000 homes and 140,000 customers Sovereign are one of the leading HA’s in the country, and this multi-tenanted Clifton Down shopping centre and its 350 vehicle car park, […]

06/10/2020

Clydesdale Bank and Leumi UK partner in a significant refinancing deal

Clydesdale Bank, owned by Virgin Money, and Leumi UK, the London-based subsidiary of Israel’s leading international bank, have completed a two-bank club deal for the owner of 100 Queen’s Gate Hotel London, Curio Collection by Hilton, South Kensington. The banks have agreed a 50:50 deal, to refinance an existing lender and provide additional liquidity to […]

06/10/2020

Till and Ibrahim launch Energy & Environment Alliance

Peter Till, managing director of Choice Hotels UK & Western Europe and Ufi Ibrahim, the former CEO of the British Hospitality Association, today announced the launch of The Energy & Environment Alliance, a new coalition of hospitality businesses and investors, to transform the industry to become climate positive. Peter Till will be the chairman and […]

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Nuapay and Cybersource team up to expand their offer in Europe’s growing subscription market

Costcutter Helmsley sold to experienced retail operator through Christie Group

AltFi’s alternative lending state of the market annual report

Economic experts expect global economy contraction of 4.4%

UK Finance announces David Postings as new CEO

British Business Bank responds to National Audit Office investigation into the BBL scheme

Jon Hall, chief commercial officer and deputy CEO of Masthaven, set to leave the Bank in 2021

Sovereign in record commercial property deal

Clydesdale Bank and Leumi UK partner in a significant refinancing deal

Till and Ibrahim launch Energy & Environment Alliance

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