Business confidence stabilised in September after falling for three consecutive months between June and August. The index remains at 16%, its joint lowest level since March 2021, according to the latest Lloyds Bank Business Barometer. While business confidence remained below the long-term average of 28%, it is above the lowest levels seen in 2020 during […]
Headquartered in London and with offices and people around the globe, Lendscape has announced four key appointments to boost European expansion plans. Antony Krieg and Christelle Bataille have joined the Lendscape team in France as architects. Antony has worked in the factoring domain for 15 years, delivering a range of IT projects – including Lendscape […]
Aldermore Bank has appointed Derek Davidson as lending manager for Scotland. His appointment will help support Aldermore’s continued growth plans for the Scottish real estate market – via both intermediaries and direct channels, providing lending facilities in areas such as commercial mortgages, owner occupied loans and residential and commercial investment. Derek brings extensive knowledge of […]
The heads of three international trade bodies delivered a shared message on female empowerment today (29 September) at a World Trade Organization Public Forum in Geneva. World Trade Organisation (WTO) director general Dr Ngozi Okonjo-Iweala, International Trade Centre (ITC) executive director, Pamela Coke-Hamilton and Institute of Export & International Trade (IOE&IT) director general Marco Forgione […]
Secure Trust Bank has added further expertise to its commercial finance arm, with the appointment of Stuart Ayres as regional portfolio and structuring director in its London office. Bringing more than 17 years’ finance experience, Stuart has worked with businesses of all sizes, from SMEs to large corporates, helping to structure and manage bespoke finance […]
UK commercial vehicle (CV) production grew by 92.9% in August, with 6,132 new vans, buses, trucks, coaches and taxis leaving British factories, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). Production volumes almost doubled compared with the same month last year, when production lines and semiconductor supplies […]
Time Finance, the AIM-listed alternative finance specialist to UK SMEs, is pleased to announce its financial year end results to 31 May 2022, with 10,000 UK business owners supported with over £137m of funding throughout the year. UK businesses and their financial intermediaries benefit from a broad portfolio of financial solutions, comprising: asset finance, invoice […]
UK car manufacturing output rose for the fourth consecutive month in August, up 34.0% year on year to 49,901 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The performance was, however, -45.9% below August 2019’s pre-pandemic level of 92,158 units, underlining the scale of recovery still needed. The rise, […]
Channel Digital Holdings (Channel) has announced a global strategic partnership with AdviceRobo to accelerate the use of Artificial Intelligence (AI) within its decision-making engine to support the capital needs of SMEs. Channel operates a UK-based asset manager, authorised and regulated by the FCA. Over the past 15 years, it has managed more than $20 billion of credit […]
SME fintech lender Allica has reached profitability in close to record time according to CEO Richard Davies, who has announced the bank has been profitable on a monthly basis for each of the last three months. The bank only opened its door to lending in March 2020, but has already lent over £1bn to mid-sized […]
