The IMF has named two scenarios for the economy because of the coronavirus. IMF executive director Kristalina Georgieva presented a special report for G20 countries on the economic impact of coronavirus COVID-19 on the world economy. The economist’s speech took place on Sunday, 23 February, in Riyadh at the meeting of G20 finance ministers and […]
With less than a month to go before the government sets out its economic predictions in its first spring budget, new research commissioned by Intuit QuickBooks reveals a 30% uptick in the number of people planning to start a business or register as self-employed this year. With 1.4 million new limited company or self-employed registrations […]
Shawbrook Bank, the UK’s SME specialist lender, has expanded its structured finance division with the recruitment of a director within its wholesale finance team, to meet the demand for bespoke solutions in the speciality funding industry. Abhishek Girdhar’s role will focus on the origination, structuring and execution of debt transactions for alternative finance clients in […]
Leading small business support organisation, the Forum of Private Business, is seeking to ensure that the new chancellor has business at the centre of his forthcoming budget by laying down seven key priorities that are seen as critical to a thriving SME sector. Introducing the FPB Budget wish list, managing director of the Forum, Ian […]
BHP Corporate Finance has strengthened its due diligence offering further with the appointment of Charlotte Ellerby as assistant director. Charlotte joins BHP Corporate Finance from EY’s Transaction Services team in Leeds, where she gained seven years’ transactional experience after joining them as a graduate. Throughout this time Charlotte worked on a wide range of transactions […]
HMRC taking a light touch to IR35 in the first year is not good enough, IPSE (the Association of Independent Professionals and the Self-Employed) has warned. Instead, it has said the new chancellor must halt and “fundamentally reassess” the legislation. The comments came in response to a speech the Chancellor Rishi Sunak gave over the […]
Specialist satellite communications provider, Broadband Satellite Services Limited (BSSL), has received an eight-figure funding package from Santander UK to bolster broadband provisions in remote areas around the world. The North Shields based business, which has offices in the US, EMEA, Oceania & Asia, expects the funding to help triple its profits over the next three […]
With demand for #3rdGen loans soaring as property market sentiment improves, ‘product-less’ lender, Octane Capital, today announced Ryan Houssart has joined its sales support team. Ryan joins Octane from Octopus Real Estate where he worked as a case manager, dealing primarily with credit. Prior to Octopus, Ryan worked as a commercial lending Officer at Shawbrook […]
Assetz Capital has provided a £2.1m loan to Harmony House Healthcare Limited to fund the development of a purpose-built care home in Bridington, East Yorkshire. Located on Jewison Lane, Sewerby, Harmony House will be a 47 ensuite bedroom facility across two floors. The property will specialise in providing quality care for elderly people with long […]
Secure Trust Bank Commercial Finance has supported UK Window Group with a £12m asset-based lending facility. UK Window Group is a one-stop product, service and support solution provider for window and door trade, retail and new-build installers. The company has manufacturing capacity for more than 10,000 frames, 15,000 glass units and 500 composite doors each […]
