Second charge mortgage lender, Optimum Credit has introduced improved pricing and new criteria as part of a revamped product range. The lender, which offers individual pricing based on the unique circumstances of each customer, has made reductions across its entire pricing model and re-introduced options for variable rate, discounted rate and interest only products. Optimum […]
Genevieve Morris Head of Corporate tax at leading tax and advisory firm Blick Rothenberg said: ” The announcement that there will be no Budget this year comes as no surprise.” “it would have been difficult for the chancellor to announce tax changes in the Autumn which are aimed at recouping the costs of the pandemic, […]
UK-based global fintech business Paysend today announced record growth figures after it was revealed last week that the Royal Mint will be discontinuing certain lines of coin production for 10 years. As a result of the coronavirus pandemic, coins have seen a steady decline in usage, resulting in the decision to stop producing £2 and […]
Just 15% of UK SMEs think the government is creating an economic environment in which they are encouraged to innovate, according to new research by GovGrant, the R&D and IP specialists. This is despite the fact that over three quarters of these businesses consider innovation to be important for recovery from Covid-19, reaffirming the disconnect […]
Tech Nation, the growth platform for tech companies and leaders, announces the 31 tech companies that have been selected to join the Fintech Cohort 3.0, in conjunction with revealing new data that shows the UK is leading fintech in Europe. The cohort includes companies from across the fintech sector; operating in areas such as: insurance, […]
A recent study conducted by the European P2P lending platform Robo.cash has named positive profits in 2019 and work with affiliated loan originators as the 2 key factors for P2P platforms’ success during the crisis. Remarkably, interest rates, funding volumes and the platforms’ experience do not play big roles here. The research embraced 15 most […]
Fintech business lender MarketFinance has been awarded a £10m grant from the Capability and Innovation Fund (CIF), announced today by Banking Competition Remedies Ltd (BCR). The grant will be used to bring more choice and competition to the business lending industry MarketFinance, a household name in the UK business community, has provided over £3b in […]
A picturesque Herefordshire wedding and events business is expecting to bounce back once government restrictions on large gatherings are lifted, after support from The Agricultural Mortgage Corporation (AMC). Crumplebury, a purpose-built, state-of-the-art events venue and hotel, has seen its entire spring / summer wedding schedule disrupted due to Covid-19. The £3m development backed by AMC […]
As the UK marks six months since the country went into lockdown, Masthaven Bank has today revealed the extent of its support for its intermediary partners and customers throughout the Covid-19 crisis. Since March, the specialist lender has paid £1.4m in commission to its intermediary partners, providing vital financial support to these individuals and businesses. […]
Six months on from the official government lockdown, Robert McKechnie, Open Banking Expert at Equifax UK, believes technology and digital transformation will continue to play an increasingly important role for companies within financial services: “The intersection between financial services companies, customers and technology has been irrefutably and permanently altered. Covid-19 and the consequent restrictions on […]
