Last month the British Business Bank confirmed 30 September as the deadline for businesses to submit applications for the Coronavirus Business Interruption Loan Scheme (CBILS). The loan scheme was launched by the government in March to facilitate funding to SMEs impacted by Covid-19. Key benefits include payment by the government of the borrower’s first 12 […]
As a part of its continued commitment to support small business owners, Hitachi Capital Business Finance has launched its very first Smart Business Planning programme to help develop a tangible business plan for companies looking to scale and grow. This comes at a time of uncertainty for UK businesses and, with many businesses looking for […]
The announcement from the Financial Conduct Authority (FCA) of an impending ban on discretionary commission (differences in charges or DiC) models within the motor finance industry has come as no surprise to most – in fact, many had already moved away from such practices, amid concerns they incentivised interest-rate overcharging to the detriment of consumers. […]
Simple Secure Finance (SSF), the specialist commercial finance advisory firm, has appointed Kurt Morgan to the role of business development manager. Kurt will be responsible for building a direct channel to market promoting the benefits that working with a financial advisor can deliver to UK businesses. The move comes as SSF continues to focus on […]
With many seasonal and high street businesses still struggling and support schemes coming to an end the alternative could be for government to invest in companies, say leading tax and advisory firm Blick Rothenberg. Richard Churchill, a business advisory partner at the firm said: “Something has to be done to continue to support businesses. The […]
The way that individuals work and that employers acquire labour has greatly changed over the past decade. The digital world and access to the internet have greatly democratised hiring practices throughout the years, and changes in the job market are also changing how employees organize their professional life and career trajectory. Here, we’re going to […]
CaixaBank, Spain’s leading retail bank, now has more than two million customers who sign online, web and mobile banking transactions on their smartphone, using the CaixaBank Sign application. This figure has doubled compared to October 2019, when it hit one million customers using the bank’s digital signature application. The growth in the use of this […]
Cynergy Bank has submitted an application for a £10m grant from Pool B of the Banking Competition Remedies (BCR), the scheme set up to foster competition in UK banking as part of RBS’s response to EU state aid requirements. The funds will accelerate and broaden Cynergy Bank’s programme to enhance its SME customer proposition and […]
The Board of Banking Competition Remedies Ltd (BCR) today publishes the fifth update from Pool A recipients, fourth update from Pool B and D recipients and third update from Pool C recipients, providing a summary of performance against their public commitments to the period 30 June 2020. The updates of those awarded, their original commitments […]
On 25 August Savills held its first ever August auction. The August sale saw 51 lots sold and had a success rate of 86%, ultimately raising over £20m. While it had never been done before when building the July catalogue the team could see demand was demonstrably there from both vendors and bidders for a […]
