Tide, the UK’s leading business banking platform has today announced the appointment of Sir Donald Brydon as its new independent non-executive chair. Sir Donald Brydon is Tide’s first independent chair. He brings significant Board experience, including the chairmanships of leading listed companies such as the Sage Group, the London Stock Exchange and the Royal Mail […]
Private sector activity fell in the three months August, but at a slower pace than last month (-39% from -57%), according to the CBI’s monthly Growth Indicator. This is the second consecutive month where the pace of decline has eased from the survey record low in the three months to June (-71%). The composite measure, […]
1pm plc, the AIM-listed independent specialist provider of finance facilities to UK SMEs, is delighted to announce the appointment of Rebekah Middleton to the new role of head of hard asset. Rebekah brings to 1pm over 20 years’ industry experience having worked in sales management and business development roles at Bibby Financial Services and Davenham […]
Last month the British Business Bank confirmed 30 September as the deadline for businesses to submit applications for the Coronavirus Business Interruption Loan Scheme (CBILS). The loan scheme was launched by the government in March to facilitate funding to SMEs impacted by Covid-19. Key benefits include payment by the government of the borrower’s first 12 […]
As a part of its continued commitment to support small business owners, Hitachi Capital Business Finance has launched its very first Smart Business Planning programme to help develop a tangible business plan for companies looking to scale and grow. This comes at a time of uncertainty for UK businesses and, with many businesses looking for […]
The announcement from the Financial Conduct Authority (FCA) of an impending ban on discretionary commission (differences in charges or DiC) models within the motor finance industry has come as no surprise to most – in fact, many had already moved away from such practices, amid concerns they incentivised interest-rate overcharging to the detriment of consumers. […]
Simple Secure Finance (SSF), the specialist commercial finance advisory firm, has appointed Kurt Morgan to the role of business development manager. Kurt will be responsible for building a direct channel to market promoting the benefits that working with a financial advisor can deliver to UK businesses. The move comes as SSF continues to focus on […]
With many seasonal and high street businesses still struggling and support schemes coming to an end the alternative could be for government to invest in companies, say leading tax and advisory firm Blick Rothenberg. Richard Churchill, a business advisory partner at the firm said: “Something has to be done to continue to support businesses. The […]
CaixaBank, Spain’s leading retail bank, now has more than two million customers who sign online, web and mobile banking transactions on their smartphone, using the CaixaBank Sign application. This figure has doubled compared to October 2019, when it hit one million customers using the bank’s digital signature application. The growth in the use of this […]
Cynergy Bank has submitted an application for a £10m grant from Pool B of the Banking Competition Remedies (BCR), the scheme set up to foster competition in UK banking as part of RBS’s response to EU state aid requirements. The funds will accelerate and broaden Cynergy Bank’s programme to enhance its SME customer proposition and […]
