GoCardless, the global leader in direct bank payments, has announced it plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world’s bank payment network. GoCardless will incorporate Nordigen’s next-generation open banking connectivity — offering the widest coverage in Europe, connecting to more than 2,300 banks […]
Government research conducted by leading audit, tax and consulting firm, RSM UK has found that commercial landlords are treated equitably in company voluntary arrangements (CVAs). RSM’s research was commissioned by the government’s Insolvency Service to understand concerns within the commercial property sector on the utilisation and impact of CVAs, concerns focusing on compromises to rental […]
Specialist asset-based lender Ultimate Finance continues to grow its sales team by appointing Ronnie Stokes as a regional director to further strengthen its presence in Scotland. Ronnie has over 24 years’ experience in invoice finance and banking and for the last 5 years has been working as a corporate development manager focussing on structuring and […]
East Yorkshire-based One Stop Business Finance (OSBF) is continuing its impressive expansion plans after the launch of a new invoice financing company and a doubling in the size of its team. Since the SME funding specialist was founded seven years ago, it has enjoyed sustained profitable growth UK-wide which has provided the platform for OSBF […]
As the Recovery Loan Scheme ends today (30 June) Gregory Taylor, head of banking and finance at MHA, says the Recovery Loan Scheme has been a complete failure and with a recession on the horizon the government needs to act urgently to prevent commercial lending drying up in a 2008 style scenario: “The Recovery Loan […]
Following an incredible year where companies have shown resilience, the industry shows what a real ‘bounce-back’ looks like. In this year’s Annual Review, FCI shares insightful articles by FCI senior executives including an in-depth roundtable discussion, regional updates, the Global Industry Activity Report and much more. Every June FCI publishes its Annual Review giving an […]
Businesses reported a fall in confidence this month, declining 10 points to 28% according to the latest Lloyds Bank Business Barometer. This is the lowest level since March 2021 when the economy emerged from the second Covid-19 wave. This fall in business confidence comes as inflation reaches its highest level for 40 years as the […]
NatWest has today announced the launch of its Carbon Planner, a free to use digital platform designed to help UK businesses manage their future fuel and operational costs, and reduce their carbon footprint to help them go and grow greener. The launch follows the bank’s broader commitment to lend £100bn to businesses in Climate and […]
West Sussex-headquartered cycling e-retailer The Rider Firm has put the wheels in motion to grow its business in the UK and US. The Rider Firm designs, engineers and e-retails premium bicycle components including carbon and alloy wheels, bikes and cycling accessories. Its wheel brand, Hunt, is its top seller. It also sells Privateer mountain bikes […]
CHL Mortgages has introduced a buy-to-let refurbishment product range which is designed to help landlords improve the energy rating of their rental stock and/or improve the general condition of the property. The products offer the ability to release the costs of the refurbishment upon completion, without having to change product. The refurbishment product range consists […]
30/05/2022
Edition 300 – May 2022
Regulator, heal thyself By Business Money group editor Robert Lefroy 30 years...
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