The BCC’s Quarterly Economic Survey (QES) for Q1 2023 shows that while business confidence has improved from a very weak base, most firms see no improvement to business conditions. The survey of over 5,200 firms – 92% of whom are SMEs – reveals a sectoral division in business performance, with hospitality and retail firms consistently […]
Long-term partnership will expand the use of Enigio’s blockchain-powered trace:original technology in digital trade documentation and trade finance products. Partnership follows Lloyds Bank and Enigio’s involvement in the UK’s first digital promissory note and digital bill of exchange transactions. Lloyds Bank and Enigio have launched a new long-term partnership to support greater use of digital […]
Metro Bank’s Cardiff Queen Street store will be hosting a property networking event – open to all property owners and landlords – on Tuesda 11 April from 5p.m. – 7p.m. Local property experts will speak at the event. The Bank hosts these events regularly and over thirty property investors and individuals working within the industry […]
Savills Planning – on behalf of client Taylor Wimpey – has secured resolution to grant outline planning permission for 1,500 new homes as part of a landmark UK housebuilding project. The approval represents the final permission for Gilston Area – part of the Harlow and Gilston Garden Town development on the Hertfordshire/Essex border. Developer Places […]
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 […]
Allica Bank has made significant changes to its commercial mortgage credit appetite with cuts to its stress-testing and Debt Service Cover Ratio (DCSR) requirements across all products, and an increase in its maximum Loan to Values (LTV) for prime owner-occupied commercial mortgages. It has also reduced the DSCR requirement for its asset finance product. […]
Start Up Loans, part of the British Business Bank, has today announced its new Business Support Partners (BSPs) – three national partners and a number of regional support partners. The new appointments will work with the Start Up Loans programme to deliver funding and support for small businesses across the UK over the next two […]
Law firm Hill Dickinson has announced the lateral hire of commercial dispute resolution partner Duncan Hope. Duncan joins the firm’s Manchester-based Dispute Resolution team from Irwin Mitchell where he led the latter’s national litigation team. Craig Scott, national head of Business Services at Hill Dickinson, welcomed Duncan to the firm saying: “Duncan’s appointment is one […]
Time Finance has today announced the appointment of Neil Fullbrook as business development manager in its Invoice Finance team. Neil has been appointed to drive business growth within the South East of England. Neil joins Time Finance with 24 year’s experience in financial services, having spent his career working alongside intermediaries and business owners to […]
Burges Salmon is pleased to announce the appointments of real estate finance specialists Rohan Campbell and Tom Farrell as a partner and director respectively in its banking and finance team. Prior to joining Burges Salmon, Rohan was a partner and head of Real Estate Finance at Maples Teesdale, having previously worked at Irwin Mitchell and […]
