Business advisory firm Quantuma has advised the shareholders of London-based Tay River Holdings, and its five specialist Managing General Agents (MGAs) on their sale to Pen Underwriting, a subsidiary of the global brokerage Arthur J. Gallagher, for an undisclosed sum. The deal adds more than £90m of Gross Written Premium and a 17-strong team of […]
A group of leading UK venture capital investors have been confirmed as speakers for a novel upcoming event series which aims to tackle the problem surrounding founders and their ability to access the right funding. rev™ will celebrate its inaugural first event on Wednesday 26 April at Aquis Exchange in London with speakers including Praetura […]
The government has published a draft of its long-awaited plan covering remaining import controls on goods entering Britain from the EU. Although checks on goods leaving Britain for the continent were bought in immediately following the end of the transition period after EU exit, import controls have been introduced by the UK in stages. The draft Border Target […]
Berlin, Toronto, Paris and Madrid’s real estate markets have some of the lowest risk overall to climate change, says Savills in its new Climate Resilient Cities Index, launched as part of Impacts, its global research programme. Although they may still be vulnerable to significant climate hazards, their geographic positions, combined with other factors including city […]
Consumer card spending grew just 4.0 % year-on-year in March, less than half the latest CPIH inflation rate of 9.2 %, as Brits made further cutbacks to cope with the cost-of-living crunch. However, home improvement and DIY stores enjoyed a seasonal boost, while the latest season premieres of popular TV shows fuelled a rise in digital […]
Burges Salmon is pleased to announce the appointment of private equity specialist Andrew Mills as a partner in its corporate and M&A team. Andrew joins Burges Salmon from MJ Hudson, where he was a partner and head of its M&A team. Andrew’s practice focuses on providing advice concerning private equity, infrastructure and general corporate transactions, […]
Businesses in London are being advised to act quickly on late payments. This comes as late payment issues continue to rise in the UK, with small businesses facing worrying statistics. Frontline Collections has urged London business owners of all sizes to act swiftly in the face of late payment or they may face never getting […]
The specialist lender Atelier has launched a comprehensive lending framework to finance residential property developments built with offsite and modular construction techniques. The drive marks the first time a major lender has addressed the challenges that SME developers face in financing modular and offsite construction. Research by Savills predicts that by 2030, 1 in 5 of all […]
The London stock market witnessed a very slow start to 2023, with five issuers raising just £81m in the first three months of the year. The main market saw only two IPOs, which raised a combined £63m, while the Alternative Investment Market (AIM) saw three admissions in the quarter, raising £18m. The largest main market […]
Small businesses supplying the automotive, retail and manufacturing sectors face the longest-ever wait for payment from some of the UK’s largest companies, according to Good Business Pays. Good Business Pays, which campaigns to stamp out bad payment practice and poor payment culture, analysed payment data that shows that the average number of days taken to […]
