IPOSUP.com expects to launch pre-Christmas 2020 a new ECASH Account card payments settlement service for UK businesses. The new product based on blockchain ledger technology helps to solve one of the biggest challenges small businesses face: Managing cash flow. IPOSUP.com is launching pre-Christmas its Android phone based “IPOS bric” and “IPOS soft” products to make […]
This capital raise further paves the way for COLG to launch Recognise, a new bank that will service the UK SME market, once Authorisation with Restriction as a Bank has been received later in the year. COLG believes that the underserved small-to-medium enterprise (SME) lending segment in the UK represents a significant opportunity. The growth […]
Named after Alison Rose, CEO and author of the 2019 HM Treasury-commissioned independent review of female entrepreneurship, the Rose Award will be presented to an aspiring female founder from this year’s pool of Converge semi-finalists. To be considered, candidates need to demonstrate ambition and purpose and be leading a new or prospective business with high-growth […]
As the Government’s CBILS initiative draws to a close this month, two British fintechs Ebury and MarketFinance, have joined forces to ensure SMEs across the UK are able to quickly access the emergency lending. MarketFinance will offer both its CBILS loans and revolving credit facilities to Ebury’s UK SME base to support them with their […]
National house price growth indicator hits a four year high Enquiries, sales and new instructions all continue to rise 83% of respondents foresee demand increasing for homes with gardens / outside space over the next two years while 79% predict rising demand for those properties near green space Housing market activity continued to rise […]
A Bideford-based dairy business has achieved exponential growth in its first year of trading after securing significant contracts in both the UK and overseas, and launching new product ranges, with the support of a £1.6m funding package from Lloyds Bank. Millbrook Dairy Company, which was founded in 2019 by respected dairy industry experts, David Evans […]
Britain’s multi-billion-pound domestic services industry is showing the green shoots of recovery with jobs and bookings almost back to pre-Covid levels. Last week, one of the UK’s biggest domestic services firms, Fantastic Services, saw bookings for tradesmen jump by a third (31%) on the week before, with the number of bookings also 45% higher than […]
The Eat Out to Help Out scheme delivered a major and much needed boost to the hospitality sector in August. Although profitability in this sector was 36% lower as a result of the coronavirus pandemic in the latest wave of the Opinium-Cebr Business Distress Tracker, this is a dramatic improvement on the 59% reduction […]
New research from Santander UK reveals that over a quarter of students (27%) currently run or plan to run a business whilst at university. The study – which polled 1,000 undergraduates from across the UK – found that almost one in ten (9%) entrepreneurs are already running a business alongside their studies, an increase from […]
In a boost for the UK property market, a new Twenty7Tec report reveals a highly unusual spike in August mortgage searches and applications, which increased its five-year-average by an astonishing 222%. August is usually one of the quietest months for mortgages, but proved to be among the busiest of the year – and more than […]
