Producing a formalised, long-term strategic vision will be key for UK small businesses looking to thrive post-Covid, according to a new study commissioned by business bank, Allica Bank. The research aims to identify what makes UK SMEs successful, and provides guidance to support British businesses as they look to chart a course of recovery following […]
OakNorth Bank – the UK bank powered by OakNorth – has completed a £20m loan-on-loan facility to Ultimate Finance Group, the specialist asset-based lender. Founded in 2002, Ultimate Finance Group is a specialist asset-based lender that has been part of Tavistock Group, the international private investment organisation with over 200 companies across the world and […]
Luxury British shirt-maker Charles Tyrwhitt has agreed a new £26m financing facility with Lloyds Bank as it continues to strengthen its business and seek future opportunities. The package comprises a refinancing of an existing facility along with additional funding. Although Charles Tyrwhitt’s 41 stores have remained closed during the government-imposed lockdown, its market-leading online business […]
Paysend, the global fintech corporation based in UK, announces a technology collaboration with Alipay to provide Paysend’s users with cross-border money transfer that brings more convenient and inclusive services to consumers globally. Paysend said the agreement is a significant step forward towards creating a more inclusive and accessible global money transfer market. Alipay, China’s largest […]
From ABS* to ZE*, it does seem as though the world’s motor industry has created its own Dictionary of Initials, highlights Iain Robertson, but finding out the definitions, short of ‘googling’ them, can be a tedious nightmare, as WLTP takes a firmer hold. CAFE, or Car Average Fuel Economy, and not your favourite place for […]
The Merrion Project, a £100m investment that will replace an existing office block on Merrion Street, will deliver 87 self-contained postgraduate studio apartments and 573 undergraduate cluster apartments and independent studios, with commercial, leisure and cultural uses provided at ground and upper level. The project’s plans gained unanimous approval from councillors at Leeds City Council. […]
Clear Books and Metro Bank are launching a new partnership, offering easy accounting software with free bank feeds and exclusive discounts to Metro Bank small business customers. The integration provides Metro Bank’s customers with access to Clear Books’ easy to understand financial management tools via online and mobile banking. Here’s how it work Metro Bank […]
Calls for additional support for the HGV sector grew this week with the deeply concerning news that registrations of new HGVs fell by -73.4% in the second quarter. While it is important to be mindful of the pronounced boost the introduction of the mandatory fitment of smart tachographs had on last year’s figures, the impact […]
Over 75% of Malaysian businesses have embraced at least one fintech product or service over the past 12 months, according to findings from a new regional survey of business fintech usage by global professional accounting organisation CPA Australia. Mobile payments and digital wallets were the most widely adopted fintech in Malaysia in the past 12 […]
Manx Financial Group PLC (LSE: MFX), the financial services group which includes Conister Bank Limited (“Conister”) and Conister Finance & Leasing Ltd (“CFL”), is pleased to announce significant government approved appointments in the Isle of Man and the UK. In the Isle of Man, Conister have been working closely with the government to assist local […]
