Recent research suggests almost half of middle market businesses in the UK will seek private equity finance in the next 12 months. According to the latest ‘The Real Economy Report’ from RSM UK, 47% of businesses expect to use private equity finance in 2023, rising from just over a third (36%) in October 2022, meaning […]
The invoice finance and ABL advisory firm, Loxbear Advisory, has strengthened its team with the appointment of director, Tansy Cunningham. Tansy has more than 20 years’ experience within the invoice and trade finance industry, gained from past positions in leadership, operations, risk and relationship management at Bibby Financial Services, Time Finance and Metro Bank. In […]
Cryptocurrency integration is once again on the rise. With the global market value for all cryptocurrencies sitting at $1.17tn as of March 2023, and with 420 million crypto users worldwide, digital currencies remain popular despite a recent slump. This is according to Jeremy Baber, CEO of Lanistar. “Partners offering crypto payment gateways can offer a […]
Research from Deloitte has revealed that business confidence among chief financial officers has seen its sharpest since 2020, jumping by 8% amidst the aftermath of the Spring Budget. The survey showed that 25% of chief financial officers were feeling better about the future rather than worse which has risen from 17% three months ago. The […]
Half (50%) of businesses surveyed are being paid late by their customers, according to a supplier sentiment survey conducted by Taulia, a leading provider of working capital management solutions. This is the highest percentage since the annual survey began, and a sharp rise from 36% receiving payments late from the prior year. Taulia’s global Supplier […]
Foundation Home Loans, the intermediary-only specialist lender, has today announced rate reductions of up to 0.75% on selected buy-to-let specials and 0.60% on owner-occupier specials. The lender has also launched a new limited edition buy-to-let five-year fixed rate at 5.39% with a flat fee of £4,995, available up to 75% LTV and maximum loan of […]
SME Bank, the bank making life simpler for small- and medium-sized enterprises, is announcing that Virginijus Doveika has been appointed as the company’s new CEO. Doveika joined the company in February 2023, bringing with him a successful 20-year track record in banking, which began with Skandinaviska Enskilda Banken AB (SEB), a Swedish incumbent. SME Bank, […]
London-based Fintech Lanistar Limited is preparing for launch in the UK, which is expected to take place this Spring, 2023. Over the last two years Lanistar has invested heavily in building a winning proposition in Latin America (LATAM) and has successfully launched in Brazil with over 20,000 customers on-board. This is the result of important […]
Surveyors predict a positive net balance of housing sales of plus 1% over the next 12 months, according to March’s residential market survey. This is the first time this measure has been out of negative territory since March 2022, but it is set against a current backdrop of weak demand. Royal Institution of Chartered Surveyors […]
Administrators from business advisory firm Quantuma have been appointed over Lane End Developments Construction Limited, a leading contracting developer for the housing sector across the North West and Wales, working exclusively with social housing providers. Quantuma managing directors Jeremy Woodside and Frank Ofonagoro, both of the firm’s Manchester office, were appointed as joint administrators of […]
