The Covid-19 startup boom has inspired sustainable and scaling businesses, new research from Studio Graphene has revealed. The London-based digital agency commissioned an independent survey of 2,000 UK adults, which found that 15% had started a business during the pandemic. Of these 298 founders, 72% say their startup is now their main professional focus. The majority (57%) of […]
BlueSnap, a payment company helping businesses accept payments in over 200 geographies, has released its findings on the key challenges businesses face when it comes to cross-border payments. The survey highlights the drastic losses in sales and revenue and hefty expenses companies can incur if they do not optimize how they process payments on goods […]
Independent Growth Finance (IGF), a leading independent commercial finance provider, has appointed Jamie O’Neill as asset based lending (ABL) director. In this role, Jamie will focus on origination activity in London and the South East of England. Jamie will work alongside director Jon Hughes and commercial director Michael Fletcher, to provide flexible and innovative financing solutions to companies across the region. Jamie has […]
More than three quarters (77%) of UK micro-businesses expect activity levels to bounce back over the next 12 months as consumer demand rises, according to new research into one of the most important parts of the UK economy. Shawbrook Bank’s Micro Business Monitor surveyed UK businesses with 25 employees or fewer – known as the […]
BREAL Zeta has provided a complex £100m multi-jurisdictional receivables facility for Nynas AB (Sweden), Nynas AB’s UK Branch and the group’s Singapore subsidiary, Nynas PTE Ltd (together “Nynas”), providing significant working capital. The facility forms a substantial part of a suite of solutions to support the business, alongside senior lenders. With around 1000 employees, production […]
UK new car registrations fell -22.0% in August, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). 68,033 units were registered in what is traditionally one of the quietest months of the year for new car registrations ahead of the important plate-change in September. The monthly performance was the weakest […]
A lack of access to UK business bank accounts is quickly becoming the biggest barrier to post-Brexit international trade for the UK, says UHY Hacker Young, the national accountancy group. UHY Hacker Young explains that overseas businesses wishing to trade in the UK are now routinely being turned down when seeking to open business bank […]
Flanders Investment & Trade (FIT), the official government body for the region, has announced an 183% jump in the number of UK investment projects in the first six months of 2021, compared to last year. Astrid Geeraerts, head of investment at Flanders Investment & Trade in the UK (based at the Belgian Embassy in London) […]
Aspen Bridging has launched its ‘Lend a Hand’ rates offer, with 0.05% off all deals up to 70% LTV for prime residential purchase and refinance applications received in September. The move, which is timed to help offset the reintroduction of Stamp Duty, sees the rate reduced to 0.64%. Along with its 75% LTV offering, applications […]
A report published today by NatWest has found that changes brought about due to the pandemic have inspired record numbers of UK adults to start their own business. 1 in 7 adults now plan to become an entrepreneur, an increase of 50% on last year, and despite data that suggests the number of existing entrepreneurs […]
