The government is to push back the deadline for businesses to register under the new Anti-Money Laundering (AML) regulations from 10 January to 10 June next year. The five-month delay comes in the wake of pandemic restrictions, giving art market and other firms more time to set up compliance structures. The proposal to change the […]
The International Islamic Trade Finance Corporation (ITFC), has provided US$10m financing in favour of the Islamic Republic of Mauritania specifically to procure medicine and equipment to help them in the struggle against Covid-19. Based on the Mauritania Economic Update 2020 (World Bank), the Covid-19 pandemic will have a major impact over the short- and medium-term […]
Buckshaw Bunnies Childcare was established in 2012 by Laura Ward and Annemarie Capper, who have more than 20 years’ experience working in childcare. In 2014, the business moved to Gelston Manor in Buckshaw Village and occupancy has grown to 99 children aged 0-5 years per day. In 2018 the business secured a £980,000 funding boost […]
Funds advised by Hilltop Credit Partners, a specialist funding partner for SME residential developers, have completed a £3m loan to build a sustainable residential development in the historic market town of South Molton. The project is being led by experienced property developer Jamie MacDonald-Murray, founder of Talo Homes, which is exclusively focused on delivering affordably […]
The pandemic has seen fluctuating demand across many sectors, but one that has been a significant rise in the financial industry, particularly banking services. Data was collated from TrustPilot and cross-referenced with the demand in the same months in 2019 to gain an insight into the rise of this demand. You can view the full […]
A new study, commissioned by business bank Allica Bank has looked to quantify exactly how much UK small businesses should be re-investing to succeed post-Covid. The study analysed data from over 1,000 companies and ranked their success on a scale that evaluated factors including productivity, growth, consistency and outlook. In the post-pandemic marketplace, businesses will […]
Earlier this month, the Financial Conduct Authority released a report delving into the impact of coronavirus redundancies and pay cuts on different generations. Over a quarter of all Generation Xs (27%) are working in Covid impacted sectors, 21% of Gen Xs have been furloughed, 3% lost hours or pay and 2% lost their job; representing […]
Today the British Business Bank has announced that it has approved Conister for accreditation to the Bounce Back Loan Scheme (BBLS), and Bank of Ireland (UK) for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Conister will join the other 26 BBLS lenders who have been accredited since the scheme opened. The new […]
Driving lessons have started again throughout the UK, although some parts were quicker to relaunch lessons and tests than others. Although instructors and their students are back in action, the second half of 2020 could see a driving instructor shortage, adding a further difficulty for learner drivers. There are a few reasons why there might […]
Arbuthnot Latham & Co., is today announcing the launch of its brand evolution. Since 2016, Arbuthnot Latham has transformed from a private bank into a full-service proposition which combines private and commercial banking, wealth planning, investment management and specialist finance businesses. As a result of these changes, the bank is now five times bigger than […]
