The Commercial Vehicle Show returned to the NEC this week, opening its doors to thousands of visitors who joined more than 200 exhibitors at the UK’s largest automotive trade exhibition. Given the many challenges the industry faces – economic, regulatory, and particularly the need to decarbonise at pace – the Show was timely and provided […]
New research from the UK’s leading insurance premium finance company, Premium Credit, shows nearly five times more SMEs expect to see growth in revenues compared to those who expect revenues to shrink. Research from Premium Credit’s Insurance Index, which monitors insurance buying and how it is financed, found nearly half (49%) of SMEs are predicting […]
The All Party Group on Challenger Banks and Building Societies has called for radical reform of the UK mortgage market following an inquiry into the UK mortgage market. The APPG invited panel of leading experts in mortgage policy to discuss the key issues in the UK mortgage market in the light of rising interest rates. […]
The rising energy costs have hit both consumers and businesses in recent months. As energy bills have continued to climb, many businesses are struggling to cope – according to new data from a survey conducted by financial comparison site NerdWallet. The survey of 500 UK business owners and senior decision makers found that just under […]
The value of outstanding bank loans to UK SMEs fell by £14bn in the last year, from £209bn to £195bn, with banking turmoil following the collapse of Credit Suisse and SVB threatening to further reduce access to funding, says ACP Altenburg Advisory, the debt advisory specialists. In contrast, loans to large businesses increased by £14.7bn, […]
Adam Rollason, tax advisory partner at PKF Smith Cooper, has been appointed chair of the Birmingham branch of the Chartered Institute of Taxation (CIOT) after serving as deputy chair since 2019. With 18 years’ tax experience under his belt, he will lead the Birmingham branch of the CIOT for the next three years. In his […]
Responding to the latest ONS Retail Sales Index figures, Helen Dickinson, chief executive of the British Retail Consortium, said: “March saw sales volumes fall for the 12th consecutive month. But despite many consumers tightening their purse strings, they still wanted to celebrate special occasions, and there was particular strong growth in jewellery and cosmetics sales […]
Pepper Money has enhanced its payment process by replacing the majority of cheque payments on its second charge mortgage lending with electronic payment methods as part of the lender’s commitment to Environmental, Social and Governance (ESG) initiatives. Last year, Pepper Money sent more than 10,000 cheques to customers on the completion of their second charge […]
More than half (56 %) of Mainland China’s small businesses expect to grow in 2023. Meanwhile, their investments in technology and innovation will pay dividends, according to a new survey by one of the world’s largest accounting organisations. CPA Australia’s Asia-Pacific Small Business Survey reveals over one-third of small businesses (35 %) in Mainland China […]
Despite various economic forecasts made at the beginning of this year suggesting a very pessimistic outlook, economic performance in Greater Manchester improved in Q1 2023 according to the findings of the latest Quarterly Economic Survey (QES) conducted by Greater Manchester Chamber of Commerce. The headline Greater Manchester Index, a composite indicator made of key QES […]
