VAS Audit has reported its busiest ever month on record, with the company providing independent professional analysis on over £150m worth of property valuations in March. The business, which is part of the multi-faceted valuation focused VAS Group, provided real-time auditing and assurance work totalling £60m while re-examining existing reports and loan book reviews equalling […]
A business that is poised to transform the UK’s self-care market has secured a £3.2m investment in a funding round led by Praetura Ventures. Maxwellia, which is based at Alderley Park in Cheshire, aims to give people easier and faster access to the treatments they need by converting prescription-only medicines to versions that can be […]
Mortgage Broker Tools (MBT) has launched a partnership with Dynamo for Intermediaries to provide its 3,000 members with easy access to MBT Affordability, including BTL Affordability and MBT Criteria Search. Members of Dynamo for Intermediaries will be able to use the MBT Affordability calculator to find out how much their landlord clients can borrow from […]
Edinburgh looks set to be a high-profile test case for new planning regulations designed to regulate short-term holiday lets in Scotland. The regulations, which came into force on 1 April, afford the city council the ability to designate ‘short term let control areas’ in hot-spots within the capital, where the concentration of such properties is […]
Bounce Back Loan Scheme (BBLS) fraud, where companies apply for multiple government-backed loans to exceed lending caps, could be far lower than anticipated and points to the success of the scheme and creditor checks, according to data from the latest Equifax Market Pulse series. Previous estimates of how much the BBLS could lose to fraud […]
The Mortgage Lender (TML) has become the latest lender to join the Mortgage Market Alliance (MMA). TML specialises in lending for real life circumstances, including the self-employed, people whose incomes are more complex than a standard salary, people with less-than-perfect credit history and buy-to-let investors. The MMA launched in 2020 to provide a collaborative voice […]
White Oak Leases & Loans has announced that it is strengthening its executive team in the UK with the hires of a chief risk officer and chief credit officer. The appointments see the lender build on the recent success which has seen £315m in CBILS loans provided to SMEs across the UK. Nick Isaacs has […]
Almost six in ten (58%) UK businesses support the pace of easing lockdown restrictions Two-thirds (66%) say they can operate at close to full capacity when restrictions are lifted Services sector has the least number of businesses (64%) that say they can operate at close to full capacity, while manufacturing has the most (73%) The […]
The UK new car market recorded its first ‘growth’ since August 2020, with 29,280 more units registered during March compared to the same month last year, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). However, the month represents the anniversary of the first lockdown in March 2020, when the pandemic brought […]
Professional recruitment services firm Michael Page Malaysia launched the Talent Trends 2021 Report, with a keen eye on Hong Kong’s job market. The Covid-19 pandemic and the resulting economic downturn has had a significant impact across the Asia Pacific, and Malaysia was not spared. With that said, optimism is already starting to show, with about […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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