Demand for finance from the UK’s 5.5m small and medium-sized businesses is on the rise at the same time as banks are reducing their lending appetite, according to iwoca’s latest SME Expert Index. More than eight in ten SME finance brokers (82%) agree that major banks have reduced their appetite to fund SMEs, while nearly half […]
Pepper Money has announced the appointment of Andrew Voss as its new chief financial officer (CFO). Andrew has over 20 years’ experience in financial services and a proven track record of establishing, managing and driving performance in specialist lending businesses. He joins Pepper Money from Bluestone Mortgages, where he has been CFO for 14 years. […]
Wylie & Bisset, accountants and business advisers, is advising business owners to avoid making a kneejerk reaction to warnings of a difficult economic outlook for Scotland for much of this year. With the Fraser of Allander Institute forecasting that Scotland’s economy will shrink by 1% in 2023, Mark Mulholland, partner in the Wylie & Bisset’s […]
Roma Finance, the lender less ordinary, is offering a series of webinars focused on opportunities in the current property investment market. The market presents enormous opportunities in the current climate for property investors, developers and landlords. Bridging and development finance will play a large role in many of these opportunities as the volume of refurbishments […]
New analysis from IMRG has revealed that, for all the tumult of the past few years, online sales have actually grown by a similar amount that might have been expected if there was no pandemic, which drove huge volumes of orders online due to the lockdowns. This analysis is drawn from the IMRG Online Retail […]
Leading audit, tax and consulting firm RSM UK has appointed Nick Wilson as a partner within its corporate tax team in Guildford. Nick joins RSM from EY, where he gained over 18 years’ tax experience. Nick has broad tax expertise but specialises in assisting large corporate multinational businesses with their corporate tax compliance and tax […]
Reacting to the latest ONS Labour Market figures, Jane Gratton, head of people policy at the BCC, said: ”Businesses are crying out for people to fill job vacancies at all skill levels, and this must be the number one focus for government if it’s serious about economic growth. “There are still a huge number of vacancies, […]
Wise, the global technology company building the best way to move money around the world, has today released new research showing that banks took £3.6bn in often hidden FX fees from small- and medium- sized businesses (SMBs) in 2022 alone. Detailed in a new report, The Cost of Going Global: How are banks stifling dreams […]
Chris Ratten and Lindsey Cooper of RSM UK Restructuring Advisory LLP have agreed a sale of 11 Degrees Ltd to Greystone House Brands Ltd and MCR Collective Ltd, saving 21 jobs and securing the future of the popular urban fashion brand. The urban gym and loungewear brand was originally set up in 2014 by Andrew […]
The government has released their official Stamp Duty Land Tax statistics for the 2021/22 financial year, finding that payments for the levy – commonly charged on the purchase of a property – have soared by 63% compared to 2020 from £8,670m to £14,100m. This exponential rise comes amidst Britain’s housing market boom as prices soared […]
