Chartered Accountants Wylie & Bisset has questioned research from insolvency and restructuring trade body R3 that a steep rise in corporate insolvencies may start as early as October and is advising business owners to plan in advance for the conclusion of government assistance schemes while there is still time to restructure their operations. Donald McKinnon, […]
According to the latest job market data from the UK’s leading independent job board, CV-Library reveals that applications to finance jobs fell by 5.8% in August, despite the amount of jobs being advertised increasing by a steady 2.8% month-on-month. The job board analysed data from its site throughout the month of August and compared the […]
Supply@ME Capital plc, the innovative fintech platform which provides inventory monetisation services to European manufacturing and trading companies, is pleased to announce that it has signed a formal business alliance with Epic SIM (“Epic”) for inventory funding and client company origination. Epic is an investment company (known as a SIM in Italy) which is regulated […]
In advance of the Autumn Budget, the Association of Taxation Technicians (ATT) is calling upon the vhancellor to extend the availability of the temporary increase in the Annual Investment Allowance (AIA) beyond its scheduled end date of 31 December 2020 in order to help recovering businesses. The AIA allows businesses to offset fully the cost […]
Covering the four weeks 2 – 29 August 2020 According to BRC-ShopperTrak data: UK footfall decreased by 34.8% in August, with only a 7.3 percentage point improvement from July. This remains below the longer-term 12-month average decline of 27.6%. Footfall on high streets declined by 41.7% year on year. This was the worst performing location […]
Aldermore bank has today launched ‘Aldermore Connect’ – a series of regular, refreshed webinars that will be held live and on demand so that asset finance brokers can be fully equipped to provide the best support for SMEs across the UK. Aldermore ran a series of webinars throughout June, July and August covering topics such […]
The International Chamber of Commerce, the institutional representative of 45 million businesses worldwide, has announced the creation of a new Advisory Group on Trade Finance (ATF) – a cross-sectoral coalition of leaders in global trade. The ATF – co-chaired by Dr. Victor K. Fung, chairman of the Fung Group, and Marcus Wallenberg, chair of SEB […]
Online portfolio management platform Lendlord has launched an android app to provide users with the full functionality of the online platform from their smartphone. The Lendlord app enables landlords to manage, track and optimise their portfolio’s performance. Lendlord provides landlords with a safe and secure place in the cloud in which they can place all […]
An international study of 1,000 senior professionals from banks, lenders, retailers and Personal Finance Management tools (PFMs) in the UK and Netherlands by leading open banking provider Yolt Technology Services, reveals that open banking technology could be central to businesses’ post-Covid recovery, unlocking millions (£) in additional value each year, delivering business-wide efficiency, operational benefits […]
UK freelancers and small business owners continue to be plagued by chronic late payments, according to new research. The analysis of over 2 million invoices sent by FreeAgent customers between January 2019 and June 2020 has revealed that just over half (54%) of invoices sent over the past 18 months were paid on time, meaning […]
