Mactavish, the specialist outsourced insurance buyer and claims resolution expert, is warning that in the current economic climate, construction PI insurance premiums are likely to continue rising dramatically over the next few months, and could become financially unviable for some companies, forcing them out of business. It also warns there are growing coverage restrictions in […]
The Enterprise Investment Scheme (EIS) is a government-backed scheme designed to help businesses raise funds by offering tax reliefs to investors. The scheme has been in effect since 1994, and a lot of businesses and investors have benefited from the scheme. Although, it’s better suited to certain types of businesses and there are some criteria […]
Home renovations and remodeling is a big project to take over, and if you are doing renovations because you want to sell your house, then your budget will play a very important role in this regard. Having renovations done, which are light on the pocket, but adding value to your home at the same time, […]
Employee share ownership plans are an interesting idea, but do they actually work, or are they more trouble than they’re worth? A desire to share the proceeds and responsibility of the success of your business amongst its employees was the genesis of the employee share ownership scheme. The scheme has been implemented in many companies […]
One of the first business sectors to close their doors during the coronavirus lockdown was the estate agents. Government restrictions temporarily banned most home moves and sales while social distancing fears made it impossible to welcome people to view your home. However, things have changed and the agencies are finally getting back to business. This […]
Unity Trust Bank, the specialist commercial bank, has reported an increase in total net lending of more than £50m in its half year results. With many businesses facing uncertainty following the outbreak of Covid-19, Unity has focused on supporting its customers, with a 10% increase in lending. Despite the effect of the pandemic, pre-tax profits […]
Tandem Bank announces an exciting milestone for the business today and its aim of becoming the UK’s first green digital retail bank, as it acquires Allium Lending Group, a leading green lending business, as part of a £60m fundraising deal that was finalised last week. For the past six years, Allium has been helping customers […]
A major study by King’s College London has found that 39% of UK workers would not deem it acceptable for the government to enforce a return to work. At least not until a vaccination for COVID-19 has been found, which still looks a long way off. The study also shows that 86% of the population […]
Financial services SMEs have emerged as the most resilient and confident sector group in the wake of lockdown, according to Sage’s SME Sentiment Index. Businesses in this sector are the most likely to have been profitable by the end of Q2 2020, with 63% expecting to turn a profit by mid-year. They are also the […]
Following a rebrand from Promise Solutions to Promise Money, the specialist lending distributor has launched a brand-new website and processing system for brokers. Promise Money’s new consumer and broker facing website has been 10 months in the making and the packaging/advice process is underpinned by One Mortgage System (OMS). Both the website and the packaging […]
