Secure Trust Bank Commercial Finance, a leading UK asset-based lending provider, has bolstered its management team with the appointment of Dominic Castle as regional managing director for Yorkshire and the North East. Dominic brings over 12 years’ experience in the valuation and corporate advisory industry to the team in the region. Joining from SIA Group […]
SHW has announced that it has promoted two of its directors to partner level, taking its partner total to 25 as of 1st April 2023. Gemma Quinn will take the title of partner and head of the Professional Services Team covering SHW’s London and South London offices. Having joined SHW in 2017, Gemma was promoted […]
UHY Hacker Young Manchester, one of the UK’s leading accountancy firms, is delighted to announce the promotion of David Kendrick to the position of chief executive officer (CEO) as from 1 April 2023. He takes up the role after being an integral part of the leadership team for over nine years, reflecting on his exceptional […]
Leading audit, tax and consulting firm RSM UK has announced 13 new partners across its UK network of offices. The promotions reinforce the firm’s commitment to invest in its people to drive growth from within its own ranks. The national tax practice led the way, with a total of five partner promotions, including corporate tax […]
Xeinadin Group Limited (“Xeinadin”), one of the leading professional services groups in the UK and Ireland, has created a dedicated corporate recovery division, to enable it to pool its capabilities from across the group. Xeinadin Corporate Recovery will include the 25-strong Manchester-based KJG Corporate Recovery team, which has over 70 years’ heritage in insolvency and […]
OPEC has announced a cut in oil production of a million barrels a day, the market price has jumped by 8%. OPEC is led by the, now buddy-buddy, duo of Russia and Saudi Arabia. This will do nothing to ease inflation in the UK economy and our interest rates will stay higher for longer. This […]
The Commercial Finance arm of the listed specialist bank Secure Trust Bank PLC has seen lending balances rise to £376.4m in 2022, up 20.1% from 2021 (£313.3m). Revenues at the firm have also seen a considerable 68.4% increase, rising to £29.3m in the calendar year (2021: £17.4m). The majority of the increase was driven by […]
Government’s consultation on a zero-emission vehicle mandate, a watershed regulation for the UK new car and van market, is finally here. Yesterday’s long-awaited announcement is welcome, and we want regulation that gives consumers choice and affordability while also enabling manufacturers to transition sustainably and competitively. Automotive is firmly on track to drive down emissions from […]
New research published by Bibby Financial Services (BFS) reveals the extent to which the UK’s small and medium sized enterprises (SMEs) are exposed to substantial debt stress today. The average bad debt amongst UK SMEs has jumped 61% – from £10,329 in Spring 2022, to £16,641 today. Currently, around 1.5 million – or 27% – […]
Buy-to-let specialist lender Landbay has brought back its green five-year fixed rate range as well as launching two new mortgages and reducing rates on others. The green range for properties with an EPC rating of A-C was withdrawn following the mini-Budget last September but has made a welcome return. Green rates have a 0.10% reduction […]
