Responding to the latest ONS Retail Sales Index figures, which showed a 2.7% increase in overall sales (retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “The latest ONS sales results mask a crisis under way in some parts of the retail industry. While food and online have shown […]
July data from the third edition of the NatWest UK Small Business PMI® report showed a pick-up in activity at UK small businesses, in a further sign of operating conditions gradually improving following the lifting of lockdown measures. However, the pace of recovery remained uneven and lagged behind that seen among larger companies. The new […]
More than half of brokers have seen an increase in buy-to-let purchase business in recent weeks, with more than 30% seeing an increase in individual purchases and nearly 27% seeing an increase in limited company purchases. This is according to research amongst users of the online broker forum, cherryplc.co.uk, carried out in association with Click2Check. […]
Eight in 10 chief financial officers fear their businesses are ill-prepared to handle a decrease in sales volumes as the full impact of Covid-19 begins to be felt on the UK economy, according to research from Euler Hermes. The findings come from its The Finance Leader of Tomorrow survey, which profiles European finance directors’ sentiments […]
There are many reasons to learn a second language, both professionally and personally. In fact, according to online educational platform Preply, almost 40% of users learn a new language to grow professionally. Employment rates in the UK have increased by 0.3% in the last year therefore standing out from the crowd with the advantage of […]
Strong Customer Authentication, or SCA, has officially gone into effect on the 14th of September, 2019. However, with the market being unprepared to roll out the necessary changes till the priorly set date, the European Banking Authority has pushed the final deadline to the 31st of December, 2020, with a few exceptions for an even […]
ThinCats, the leading alternative lender to mid-sized UK SMEs is calling on the Chancellor, Rishi Sunak MP, to extend the current deadlines for the Coronavirus Business Interruption Loan Scheme (CBILS) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS). A recent clarification from the British Business Bank outlined that the current deadline for CBILS applications […]
Award-winning investment syndicate, Equity Gap, this month celebrates 10 years as one of Scotland’s most successful angel investment groups with record investment figures and a healthy pipeline of new deals. Meeting the challenge of Covid-19 head on, the syndicate completed 22 investments in the first half of 2020, with total member funds invested since inception […]
A new survey has found that two out of three (67%) fintech founders don’t think that the views of the fintech sector are properly being heard in policy and regulatory circles. The survey also reveals that nine out of ten founders expect to face funding challenges in the year ahead. These are the headline findings […]
More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit, according to a new survey from the MCI mortgage club. Nearly three-quarters (73%) of those questioned indicated they felt a fresh lockdown will affect the mortgage market over the next twelve months. By contrast, […]