Pepper Money has promoted Anthony Fisher from the role of regional broker account manager (RAM) to business development manager (BDM) for the North of England and Scotland. Anthony, will focus on working with brokers on their second charge mortgage business, had previously worked as an RAM, checking and underwriting applications and visiting brokers to provide […]
New research from the British Business Bank finds that fund valuations for recent fund vintages have held up in the year to 31 March 2022. According to the British Business Bank’s latest report, UK Venture Capital Financial Returns 2022, UK VC funds with a 2008 to 2013 vintage have generated a pooled Total Value to […]
A new poll conducted by the Institute of Export & International Trade (IOE&IT) as part of their latest webinar series found that over half (54%) of the 400 delegates reported feeling very (11%) or quite (43%) optimistic about their business’ prospects for international growth in 2023. The webinar was the second in The Exporting Starter Pack […]
Housebuilders have hit out at plans to buy ‘nutrient credits’ for building on protected wildlife sites where pollutants such as nitrogen and phosphorus have leached into rivers. They claim many smaller developers will go out of business when the new nutrient mitigation scheme goes live early next year. National Federation of Builders, NFB, housing and […]
The Kingmaker Group, a private equity firm specialising in engineering and manufacturing, has acquired Rowes Precision Products (Rowes) and Plating Technologies Limited (PTL), supported by a £1.4m invoice discounting facility from Cynergy Business Finance (CBF). Rowes is a turned parts manufacturer based in Derbyshire, specialising in precision turned and machines components. It supports industry by […]
Cashflows, the platform that makes it easy for merchants to accept payments, today announces that, despite more than half (52%) SMBs indicating that they would be open to switching payments providers, 78% do not know how to do so. The data suggests that businesses could be trapped in relationships with providers unfit to serve their […]
Despite the bleak economic outlook, investment in digital transformation remains top priority for businesses. According to RSM UK’s latest ‘The Real Economy’ report, over a quarter (28%) of UK businesses now consider digital transformation to be their single most important area of investment. A further 58% of businesses surveyed view digital transformation as among their […]
Cloud-native core banking engine, SaaScada, today announced it was selected by astrantiaPay to launch a Swiss point of contact for international businesses looking to open and run corporate bank accounts in Switzerland. Once regulatory approval is in place, astrantiaPay will provide mission-critical payment services to sophisticated Swiss, European, and global companies. “Promoting SMEs is high […]
A “difficult” 2023 lies ahead for the used vehicle sector but strong profits will still be possible, more than 150 delegates heard at the Vehicle Remarketing Association’s (VRA) Annual Seminar which took place on 22 November 2022. Philip Nothard, chair at the industry body said that speakers at the event had detailed a picture of […]
92% of SMEs say that rising costs are impacting their profitability – and 32% say it is a big problem, shows a new survey* by Moore UK, the Top 15 accountancy network. With UK inflation having hit a 41-year high of 11.1% in mid-November, businesses are increasingly struggling against a rising tide of costs. By […]
30/11/2022
Edition 303 – October/November 2022
Turnaround, a vital culture By Business Money group editor Robert Lefroy TMA...
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