British Business Investments Ltd, a commercial subsidiary of the British Business Bank, today announces a new £30m subscription in specialist lender Shawbrook Group plc’s £75m Tier 2 note issuance. The investment follows an original £30m subscription to Shawbrook Bank’s previous Tier 2 note issuance in 2015, which has now been repaid. The £30m subscription has […]
The continued impact of Covid-19 is being felt in Britain’s workplaces, as new data from specialist recruiter Robert Half reveals one-in-three businesses are rescoping roles to assist with post-lockdown recovery. The survey of more than 1,500 executives highlights which skills and competencies are most in-demand as managers seek to get back on their feet and […]
Following huge demand from brokers for their first six ‘Criteria Clinic’ sessions, Knowledge Bank has announced it is to start hosting the educational webinars every fortnight. Initially introduced to help brokers over lockdown, the sessions have been brought back as a permanent feature at the request of both brokers and lenders. The events are unlike […]
Continued concerns about rising Covid-19 infections and the prospect for more local lockdowns in Greater Manchester have contributed to a further dampening of demand, according to the fifth GM Covid-19 Recovery Tracker survey conducted by Greater Manchester Chamber of Commerce. The last three Recovery Tracker surveys covering August and the first half of September reveal […]
Attracting developers post Brexit to invest in the country’s seaside towns and cities by offering one point of contact is behind the government’s new coastal agreement. The government has revised the coastal concordat of seven years ago to make consenting development easier and to promote sustainable growth. The National Federation of Builders housing and planning […]
Just Mortgages has just employed its first person in its new online territories. Spicerhaart and Just Mortgages are creating a number of territories across the UK and up to 235 estate agency branch partner roles who will be working across their own market place, but not necessarily from a branch. Each one will be supported […]
Praetura Ventures, the VC fund that targets high-value sectors in the north of England, is investing £1m in a tech company that helps businesses defend themselves against customer-focused cyberattacks and improve the digital experience their websites offer to consumers. The funding secured by Leeds-based RapidSpike will allow it to enhance and scale its product and […]
Bridging lender Hope Capital has enjoyed a bumper summer, with figures released by the firm today showing a surge in demand as the market emerges from lockdown. From June to August 2020, Hope Capital has seen the number of loans drawn treble compared with the same period last year. New cases have more than doubled, […]
More than four in five small business owners (81%) have made key changes to their business and services in order to prepare for the economic uncertainty in the months ahead, according to new research from Hitachi Capital Business Finance. The poll of 1,447 explored what small businesses were doing nationally to adapt – with a […]
Responding to the government announcement to extend the rent moratorium, Tom Ironside, director of business and regulation at the British Retail Consortium, said: “We’re pleased that govt has listened to us and others on the issue of rents. It remains a difficult time for store-based retailers, who face high costs from coronavirus safety measures, and […]
