NatWest’s Q1 PMI index has reported that UK small and medium sized companies (SMEs) saw a return to growth in the first quarter of 2023, following a reduction in business activity throughout the second half of last year, according to the latest NatWest PMI survey data. At 54.3 in March, the headline All-Sector Business Activity […]
Cross-border advisory firm Quantuma has appointed leading international forensic accountant and investigations professional Chris Phillips as a managing director in its London office. Mr. Phillips joins from the London arm of US consulting firm Alvarez and Marsal where he served as managing director for three years. Prior to this he spent thirty years at Deloitte, […]
Sustainability is one of the most important factors influencing decision-making for European companies. But while every second company has set concrete CO₂ targets for the future, only one-third are actively monitoring their fleet emissions. This is just one finding from Alphabet’s European Fleet Emission Monitor*. The comprehensive survey of international fleet decision-makers also highlighted a […]
Norwich-based energy consultancy, Indigo Swan, has secured a six figure invoice finance facility with Time Finance to accelerate its investment in sustainability and its support for the UK’s decarbonisation journey. The award-winning consultancy secured the finance package to support the completion of a management-buy-out by manager director, James Groves, and deliver its renewed strategy forward. […]
The Leasing Foundation today announced that it has now launched its Industry Insights 2023 programme, a cross-industry initiative focussed on retaining and developing young talent in the business finance sector. The initiative, which will run for 12 months from September 2023, is aimed at high-potential’ professionals in the asset finance sector and will enable them […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced reductions of 40 basis points (bps) across its tracker mortgage product range. The lender said that it is offering: 5.94% (BBR + 1.69%) on a lifetime tracker standard buy-to-let mortgage product at 65% loan to value (LTV) for properties with an A to C-rated energy […]
Lloyds Bank has launched a fast, simple service that allows businesses to make one-off payments, where the beneficiary’s bank details are not known, meaning payees could receive the funds within minutes. Through Lloyds Bank PayMe, businesses do not have to gather or manage account information or register one-off suppliers. Once the payment is approved, companies […]
Having reached a record low in the last quarter of 2022, the outlook of the UK’s SME community has rebounded in the first of this year. According to the latest quarterly survey from alternative finance provider Capify, SME confidence has improved in the first quarter of 2023 amid stabilising business performance and increased optimism for […]
Square today launched Tap to Pay on Android for sellers in the UK. The new technology empowers sellers to securely accept contactless payments with a compatible Android device, and at no additional cost. With Tap to Pay on Android, Square is making it even easier for new sellers and established businesses to conduct in-person commerce. […]
Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, has surpassed £200m in funding for UK small and medium-sized enterprises (SMEs) since its launch in September 2021. With operating offices in London, Birmingham, Manchester and Edinburgh, CBF provides individual facilities of between £300k and £20m to ambitious SMEs across the UK. Dedicated […]
