By not using a business savings account with a competitive rate of interest, business owners could be missing out on £3.74bn in annual interest payments according to Aldermore, the specialist bank. £382.1bn is currently held in business bank accounts, with high street banks, which could be earning just 0.02% in interest. Aldermore says, many business […]
On Friday 29 November 2019, Santander UK will officially open its newly redesigned branch at 22 Regent Street, Blyth, NE24 1LB. The new-look branch has been designed to deliver even better customer service and community-friendly banking. The branch will be opened by the first customer to arrive on the day, who will be invited to […]
According to a survey by the platform Robo.cash, 64.9% of the European P2P investors have full confidence in P2P lending. Remarkably, 52.3% of respondents mentioned that P2P loans take a considerable share of their investment portfolio – over 25%. The fully-automated P2P service Robo.cash surveyed 600 European P2P investors. According to the findings, 45.4% of […]
Recognise Financial Services Ltd has announced it has partnered with Newcastle Strategic Solutions Ltd, the UK leader in end-to-end savings management services from initial on-boarding through on-going account management, to deliver a smarter approach in savings products. Recognise will be the first client specialising in SME banking to partner with Newcastle Strategic Solutions to offer […]
Butterfield Mortgages Limited (BML) has commissioned an independent survey of more than 1,100 UK-based investors (all with investments in excess of £10,000) to find out what asset classes currently make up their financial portfolios and what factors are influencing their investment strategies in 2020. It found: The most common assets investors hold are stocks and […]
1pm plc, the AIM listed independent specialist finance provider, is pleased to announce that it has secured new and extended facilities to provide further funding for UK SMEs. The new facilities are primarily for the Group’s Loans division with an increase in the current £7.5m Secured Medium Term Note Programme (the “MTN Programme”) to up […]
The value of all construction contract awards in October 2019 was £4.9bn based on a three-month rolling average, which is an increase of 4.1% on September, and an increase of 28.5% when compared with October 2018. The number of contract awards increased by 22.4% in October to 864 which is also 4.0% higher than for […]
“Engaging the future of Asian markets” will be the overarching theme for the two-day MIPIM Asia Summit, providing real estate leaders operating in the region with an all-encompassing perspective on major industry trends. Robust economic growth and an influx of capital have expedited the growth of Asian markets. Although the Sino-American trade situation has dampened […]
Metro Bank, known for its exceptional customer service, is soon to open its 71st store in the heart of Liverpool city centre on Paradise Street. The Bank recently achieved the top spot in the CMA’s Service Quality Survey for the second time running. Metro Bank offers customers and businesses the choice to bank however, whenever […]
Entrepreneurial British manufacturers are expected to benefit from a massive £13bn boost as they increasingly cut out retailers and wholesalers and sell their products direct to consumers in one of the biggest shake-ups the industry has seen in generations, according to a new Barclays Corporate Banking Manufacturing report, Going direct: Is direct to consumer selling […]
