Just Mortgages, one of the UK’s largest mortgage brokerages, has announced the promotion of Gareth Lowndes to the position of sales director for client services. In his new role, Gareth will leverage his leadership skills to develop the client services booking team and engage with advisers across the company, monitoring business sales targets and driving […]
The latest data from Brightmine, (formerly XpertHR) leading provider of people data, analytics and insights, shows the median basic pay award in the three months to the end of May 2024 was 4.6%, a percentage point higher than the revised figure from the previous rolling quarter. Despite April being the busiest month for pay settlements, […]
54% of owners think the latest recession was an opportunity for entrepreneurs in the UK, and 51% think British entrepreneurship is about to boom. This rises to 57% of serial entrepreneurs, who have started multiple businesses in their time, according to new research from Charles Stanley. The research, which seeks to establish the behaviours and […]
Santander UK today announced it has expanded its real estate finance team, with the appointment of Allan MacKenzie as senior relationship director – real estate. MacKenzie will report into Nick Peet, divisional head – Real Estate Finance and be based in the bank’s Manchester office. MacKenzie has more than 25 years’ experience within commercial real […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: “UK inflation finally hitting target may come as relief for companies and consumers, but given this descent was widely expected it’s not moved the dial much for London-listed stocks. The FTSE 100 has opened lower as investors digest the inflation reading which shows prices in the […]
Small to mid-sized clothing and homeware manufacturers saw their revenue fall sharply in the first quarter of the year, according to new figures released. Clothing businesses suffered a 40% decline in revenue, followed by homeware at over a quarter. The figures were compiled by supply chain technology company Unleashed, based on data from purchases, sales […]
Battery electric vehicle (BEV) production in the UK is expected to top one million between 2030 and 2035, creating a demand for over 100 GWh of automotive batteries, providing the UK supply chain with a tantalising opportunity for growth and attracting further original equipment manufacturers (OEMs) to supercharge momentum. That’s as detailed in the latest […]
In May 2024, the number of registered company insolvencies in England and Wales was 2,006, 6% lower than in April 2024 (2,144) and 21% lower than the same month in the previous year. Company insolvency numbers did however remain much higher than levels seen during the Covid-19 pandemic and between 2014 and 2019. The construction […]
Nicola Clark, restructuring partner at UK top 10 accountancy and advisory firm Azets, comments on the latest company insolvency statistics: “Business owners now find themselves at a critical tipping point, as the rate of growth in company administrations slows. The number of registered company insolvencies in England and Wales in May 2024 was 2,006, 6% […]
A total of £50.3m was stolen from people in the UK through invoice and mandate scams last year. Over 40 Santander UK Corporate & Commercial Banking clients are known to have been targeted in 2024 so far, with a total value attempted of more than £1.3m. London based dental clinic Dentistry100, was targeted by scammers […]
