British fashion and lifestyle brand White Stuff is to accelerate its shift to digital-driven retail as it grapples with the challenges posed by Covid-19, with the support of a Coronavirus Large Business Interruption Loan Scheme (CLBILS) package from Lloyds Bank. The London based retailer has secured the revolving credit facility with its long-standing banking partner […]
RJ McLeod took this month’stop spot after being appointed the main contractor for the £500m Viking Wind Farm in the Shetland Isles, Scotland. This large development will consist of 150 wind turbines and work also includes the construction of substations, quarries and 62 miles of access road. The runners up spot this month is ISG […]
Kim and Phil Rogerson, well established healthcare professionals, have purchased Abbotsfield Residential Care Home in Barrow-in-Furness and Greenlane House in Brampton, both Cumbrian towns. Funding was successfully secured by specialist commercial finance broker, Christie Finance. Abbotsfield Care Home is a converted care home occupying an impressive site on Abbey Road in the Cumbrian town of […]
LendInvest, the UK’s leading platform for property finance, has made a series of changes to its buy-to-let product suite. LendInvest has increased its maximum loan size for MUFB properties up to £1m for 70% LTV, £1.5m up to 65% LTV and will now accept up to £3m up to 60% LTV. The lender has also […]
Aspen Bridging has completed a £150k development exit bridging loan on a remote property in Wales, using its desktop valuations system to overcome national lockdown restrictions. The money was required to complete the current project in Llangollen, which has £50k of works outstanding, with the remainder being used to improve cashflow to secure the next […]
Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the […]
The St. James’s Place Academy has supported 39 financial advisers launch their own businesses since the government’s lockdown measures were announced on 23 March. The new businesses are located across the whole of the UK – from Aberdeen to Kent – and are run by recent Academy graduates, who have received support from the SJP […]
Covering the four weeks 5 July – 1 August On a total basis, sales increased by 3.2% in July, against an increase of 0.5% in July 2019*, It is above the 3-month average growth of 0.4% and the 12m average decline of 1.9%. This is the second consecutive month of growth since the start of […]
Reward Finance Group has appointed experienced funder, Simon Micklethwaite, as business development director for Yorkshire and the North East region. He joins the alternative finance provider with over two decades experience within the sector. Initially he spent more than 18 years in commercial banking with HSBC, prior to joining property lender, Roma Finance. Over the […]
In the second quarter of 2020, freelancers’ average income dropped by 25%, according to the latest freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed) and PeoplePerHour. The drop in income was driven by a record fall in the average number of weeks freelancers worked this quarter. Between March and June, […]
