Criminal gangs will continue to launder money in the UK as long as regulated firms insist on trusting manual verification checks, an anti-money laundering expert has warned. A comprehensive, cross-sector survey of 500 UK-based decision-makers revealed that regulated firms in the North West, North East, and East of England rely most on manual checks to […]
Despite latest news reports citing plunging crypto prices, a quarter (25%) of Brits would like Amazon to offer cryptocurrency as a payment option. The Cryptocurrency on the High Street Report by trusted savings site VoucherCodes.co.uk, analyses the UK’s attitudes and spending behaviours towards virtual currency. It reveals that over a third (34%) of people now […]
The average cost of the most competitive motor insurance deals has increased 17.4% in the past year adding to the cost of living pressure in the UK, the latest motor insurance price index published by Consumer Intelligence shows. Price rises in car insurance are outstripping inflation for the economy as a whole at 10.7% with […]
Specialist lender Together has today announced the appointment of Tanya Elmaz to the role of director of intermediary sales for commercial finance. Tanya’s new role will see her leading and developing Together’s intermediary commercial finance channel. She will provide strategic vision, helping to support the company’s broker partners. Her team includes eight field sales account […]
Vistage, the world’s leading business performance and leadership advancement organisation for small and medium sized businesses, released its quarterly UK SME CEO Confidence Index for Q4 2022. Business confidence hit 80.1 points, 5% increase since the last quarter. The reports uncovered that 60% of CEO’s expect the overall economic conditions in the United Kingdom and […]
A new scheme designed to make 95% mortgages more readily available to people buying new homes will be launched in the new year. Own New will launch its 95% mortgage product with Darlington Building Society early next year, alongside more than 50 housebuilders, offering a route to owning a new home for buyers with low […]
Unity Trust Bank has announced the appointment of a new chief commercial officer, Alexandra Rice, who will be leading the bank’s customer facing operations across commercial, marketing and digital services. Alexandra has 20 years’ banking experience across Barclays, Coutts and most recently Santander. In that time, she’s held numerous senior leadership positions including industry corporate […]
One of the country’s leading tax advisors says SME businesses should press ahead with digitalisation plans despite ‘chaos’ surrounding the Government’s Making Tax Digital (MTD) launch. The advice comes as the government confirmed MTD will again be delayed until 2026, having originally been scheduled for 2023 and deferred to 2024, after days of speculation. Praveen […]
The British Business Bank has appointed Edward Tellwright to the role of senior manager for the South West. Edward brings many years of experience of working with smaller businesses in the region to access finance. Edward started his career with an angel network in the South West, supporting businesses to raise more than £70m. Before […]
Business leaders are urging the Treasury and Payments System Regulator to step in and save UK businesses billions in unnecessary card transaction fees as the cost of doing business explodes. 240,000 businesses are represented by the Axe the Card Tax campaign, with trade bodies including the Coalition for a Digital Economy (Coadec), Federation of Small […]
