A mother and daughter who invested their life savings in a bid to bring a touch of glamour to the residents of a South Yorkshire village have seen bookings increase four-fold since July as residents clamoured to chop their lockdown locks down to size. Experienced hairdresser Anna Wesley and her make-up artist daughter Robyn, were […]
RSM is calling for a re-think of HMRC plans to restore Crown Preference. The leading audit, tax and consulting firm feels the move puts SMEs and lenders under further financial pressure at a time when they are particularly stretched by the pandemic. From 1 December 2020, arrears of Crown debts (unpaid VAT, PAYE, employee National […]
Landbay, one of the UK’s leading specialist buy-to-let lenders, has today reduced the rate on its Special Edition two-year fixed rates for both 60% and 70% LTV by 14 and 10 basis points respectively. The rates are now amongst the most competitive specialist buy-to-let rates in the market. Landbay, which is institutionally funded, has also […]
The World of Open Account is an online digital community; our purpose is to connect people in a low cost, technology supported and easy access way to the world’s experts, information, networks and learning. We are delighted to invite you to a half-day online convention which will give you the opportunity to connect with peers […]
P2P lending platform Proplend announced this week that it had broken through the £100m lending milestone across the platform (£102m as of today), returned over £47m of capital and paid £10m of interest to its Lender base. Proplend Limited is a fully FCA authorised peer-to-peer lending platform specialising in sub £5m, secured commercial property loans […]
The total value of construction contract awards in August 2020 was £4.4 billion based on a three-month rolling average. This is 21.2% higher than for July but is a decline of 8.5% compared with August 2019. The rolling three-month average data is positive, but examination of the raw monthly data shows that contract awards in […]
RSM has advised on the successful restructurings of the Thai Leisure Group and Aldo UK, preserving over 700 jobs and protecting over £30m of investment. Thai Leisure The Thai Leisure Group CVA (Company Voluntary Arrangement) was approved late last night, securing 90% support from creditors. Ian Leigh, MD of the Thai Leisure Group comments: ‘We […]
ThinCats, the leading alternative lender to mid-sized businesses, has supported independent FCA approved corporate insurance broker Todd & Cue with the completion of a re-finance transaction. Based in Gateshead, Todd & Cue specialise in the placement of insurance programmes for a wide spectrum of clients including public companies, recognised professional practices, financial institutions, private companies, […]
An international study of over 1,000 senior professionals in banks, lenders, PFMs, investment companies and retailers, by leading open banking provider Yolt Technology Services (YTS) has revealed that 42% of banks recognise the need to improve their service offering and boost customer satisfaction levels in the year ahead. In particular, bankers noted shortcomings in their […]
The Covid-19 pandemic has shunted aside existing challenges to sit atop treasurers’ priority lists, according to “The resilient treasury: Optimising strategy in the face of covid-19”, a survey run by the Economist Intelligence Unit (EIU) and sponsored by Deutsche Bank. The results show that treasurers are looking to diversify their investments in a bid to […]
