With ONS (Office for National Statistics) figures today revealing a rise of 156,000 young people (aged 16-24) without employment, new research has shown that 20% of male workers and 18% of female workers believe their job is at risk due to the coronavirus (Covid-19) pandemic; while 25% of workers aged 16-24 have thought about a […]
Haydock Finance has negotiated a £5m block discounting facility with Wesleyan Bank. During the height of the pandemic, Haydock maintained their commitment to supporting SMEs across all sectors which has resulted in a surge of asset finance applications. With net receivables exceeding £320m, Haydock has reported a 42% increase in new business levels for July […]
Specialist branded merchandise agency,HMA Creative, has secured a £1.35m funding facility from Independent Growth Finance (IGF), which combines a CBILS loan and confidential invoice discounting solution. The Aylesbury-based creative agency provides promotional marketing merchandising to some of the leading drinks brands in the UK, such asJameson Whiskey, Absolut, and Malibu. The team of product engineers, […]
New research from Aldermore bank, reveals that the Covid-19 pandemic has caused a 30% loss in monthly business income; a small improvement from 34% in April for the average small and medium-sized enterprise (SME). Nearly one in five (18%) small businesses have seen a decrease of more than 70% of their business income. To ensure […]
The new IFB Research Foundation The State of the Nation: The UK Family Business Sector 2019–20 report published today showcases the unwavering relevance and contribution of family firms. In the UK there are 5.1 million family businesses, making up 87.6% of all businesses. They employ 14.2 million people, half of all employees in the private […]
The Chartered Insurance Institute has created a Chartered transparency forum to examine ways the profession can best meet the expectations of consumers. The forum will bring together consumer representatives, legal experts and leading practitioners from across the insurance profession in order to: Calculate the insurance expectation gap in policy coverage versus customer understanding – with […]
Tech Nation, the growth platform for tech companies and leaders, has today announced the launch of the Fintech Pledge with support from HM Treasury (HMT) and the Fintech Delivery Panel, to accelerate the growth of the UK’s fintech sector by enabling enhanced collaboration between banks and leading fintech firms. A world-first initiative, the Fintech Pledge […]
Arbuthnot Commercial Asset Based Lending (ABL) has provided fast-growth social housing renovations and maintenance specialists, PiLON Ltd. (PiLON) with a £3.5m funding package to drive further business expansion. Over the past two years, PiLON has seen its revenues more than double, putting significant pressure on an existing funding facility that was no longer able to […]
NatWest is running an interview series featuring some of Britain’s leading business, political, and sporting names. The series, which has been created by NatWest, is available to both customers and non-customers alike and will give the UK’s 4 million SMEs the opportunity to hear directly from some of the most influential voices in the industry. […]
Mortgage Broker Tools (MBT) has launched a partnership with Alexander Hall, to provide advisers at the firm with fully integrated criteria-driven affordability sourcing. The agreement means that the MBT Affordability platform will be used by advisers at Alexander Hall to more easily research and identify the most suitable lenders to meet the loan size requested […]
