Metro Bank has provided Noumed Life Sciences with a £4.5m asset finance facility to support the acquisition of new pharmaceutical manufacturing equipment at its Maidenhead offices. In addition, Metro Bank is also proud to become the full commercial banking provider to Noumed. This combined asset finance and banking package will enable Noumed to produce a […]
United Trust Bank (UTB) has completed a £5.5m refinance of a 5-storey apartment block in Slough with completion taking place just eight days after the facility was given credit approval. The funding repaid the existing lender and released equity for the borrower to reinvest in new projects. The scheme of 34 new apartments was developed […]
Today, 4 December 2019, Growth Street announced that it will appoint a new CEO to maintain its growth and further the deployment of its digital strategy. GrowthLine, Growth Street’s overdraft-like product for SMEs, which differentiates it from other alternative SME funders, remains at the core of Growth Street’s digital strategy. As a founder of Growth […]
The Board of Banking Competition Remedies Ltd (BCR) has published the second update from Pool A recipients and first update from Pool B and D recipients, which provides a summary of performance against their public commitments. The public commitments updates indicate that mobilisation of the awardees is now moving into delivery. The updates of those […]
Wesleyan, the specialist financial services mutual for doctors, dentists, lawyers and teachers, today announced the appointment of Ian McCaig to its board of directors. Ian has worked across a number of sectors, most recently as CEO of First Utility Ltd, one of the first challenger entrants to the UK energy market. He led the company […]
Siemens Financial Services (SFS) has released new research identifying the priority investment areas for digital transformation in healthcare, the size of the investment challenge, and how healthcare organisations can manage that challenge. Ageing populations, changing lifestyles and diets, rising levels of chronic complaints such as diabetes, cancer and heart disease, are rapidly increasing the pressure […]
Bank lending to small and medium sized retailers in the UK has fallen 6% from £15.6bn* to £14.7bn since the Brexit vote in 2016, meanwhile large retailers have benefited from a sharp rise in bank lending, says accountants and business advisors, Moore. Over the same period that lending to SME retailers has been tumbling lending […]
The award winners were: Soft Asset Provider of the Year Investec Hard Asset Provider of the Year Aldermore Motor Finance Provider of the Year Blackhorse Factor and Invoice Discounter of the Year Bibby Unsecured Lender of the Year Funding Circle Short-Term lender of the Year Shawbrook Specialist Lender of the Year Lendinvest Most Innovative Lender […]
The latest Lloyds Bank Business Barometer shows: Overall business confidence increased three points to 9%. Economic optimism increased by nine points to 7% in November, the highest level of optimism seen since January. Firms’ concerns about the expected impact of the UK leaving the EU eased back further to -16%. The West Midlands remained the […]
Digitalisation of healthcare provision is widely acknowledged as an enabler to help healthcare organisations cope with rising demand across the globe New research from Siemens Financial Services identifies three priority areas for investment in digital transformation in healthcare and the expected capital investment required over the next five years These are: New generation (digitalised and/or […]
