Interest rates will be changed across our fixed term product range for personal and business customers. New rates will be effective from 25 June 2020. Retail Fixed Retail Fixed Current rate New rate Change 3 month 0.40% 0.25% -0.15% 6 month 0.60% 0.40% -0.20% 1 Year 1.00% 0.80% -0.20% 18 Month 1.05% 0.85% -0.20% 3 […]
EQ (Equiniti), an international technology-led services and payments specialist, is delighted to announce that it has partnered with Encompass to further bolster its KYC proposition. EQ will work with Encompass to automate and use artificial intelligence to analyse data that helps build a dynamic picture of a company or individual in just minutes, enhancing EQ’s […]
Specialist social impact lender GC Business Finance (GCBF) has provided Cumbria View Care Services with a £100,000 NPIF loan, backed by CBILS from NPIF – BFS & MSIF Microfinance, which is part of the Northern Powerhouse Investment Fund (NPIF). Based in Kendal, Cumbria View Care Services provides private home care for the elderly, including palliative […]
A Gloucestershire installer of windows, doors and conservatories is ramping up operations to meet pent up demand following the return to work on construction sites and homes, with support from Lloyds Bank. Newnham-based Glevum is seeing increased demand from trade and domestic customers that haven’t been able to complete projects over the last two months […]
Arbuthnot Commercial Asset Based Lending (“ABL”) has supported a management buyout (MBO) of Britdoors and JCK, two door manufacturing businesses within the System Building Products Group. The £3.75m asset based lending facility comprised a revolving invoice discounting line, a plant & machinery loan and a cashflow loan. The MBO will form a new company, Unity […]
‘Product-less’ lender, Octane Capital, today announced that it has promoted three of its senior team. The promotions are as follows: Liam Lawlor has been promoted from senior BDM to sales director, overseeing some of Octane’s newest BDMs, including Bethan Jones, as Octane continues to grow its market share. Liam will continue to report into managing […]
LendInvest, the UK’s leading platform for property finance, has introduced a range of updates to its buy-to-let product including a series of special offers available for a limited time. LendInvest is offering its two year fixed 75% LTV product at a rate of 3.49%, with a maximum loan size of £750,000. The offer extends to […]
Zopa has today been awarded its full bank licence, launching at a time when consumers need financial services providers to work on their behalf more than ever. Zopa Bank will focus on better meeting the financial needs of UK customers in sectors where they have traditionally been poorly served, while also delivering an experience that matches […]
The Chartered Institute for Securities & Investment (CISI) is delighted to announce that Michael Imeson, Chartered MCSI has been appointed chairman of the CISI Fintech Professional Forum Committee. Michael Imeson is a contributing editor of The Banker magazine, part of the Financial Times Group, and a senior content editor at FT Live, the FT’s conference […]
The extent of planned capital expenditure (capex) cuts by listed companies in the UK adds further weight to RSM’s earlier prediction of a protracted recovery, and its concern over what it called the Bank of England’s (BoE) overly optimistic economic outlook last month. The BoE’s chief economist recently estimated that the UK economy was on […]
