Rarely does a day go by without us being in the role of consumers and making a purchase. In different ways, our purchase can be damaged; most often, it happens by buying a product that does not work as it should and as prescribed or that we paid many times more than the product is […]
More parts of the UK economy grew in May than at any time in the last 15 months, according to the latest Lloyds Bank UK Sector Tracker. While the overall rate of output growth across the economy slowed marginally in May (53.0 vs. 54.1 in April), 11 out of the 14 UK sectors monitored by […]
A pioneering association campaigning to revolutionise the property industry is celebrating its first anniversary this month after achieving significant milestones. Founded last June, the Open Property Data Association is on a mission to speed up the notoriously slow homebuying process by sharing digital property information across the housing market. OPDA has called on the Government […]
The 10 largest sectors in the FTSE 350 hold data worth £295bn within their organisations. That is equivalent to almost 20% of their market capitalisation, according to research from Anmut, the leader in strategic data asset management. Applying Anmut’s trademark data valuation methodology to assign a monetary value to the data from the top ten […]
Fast-growing specialist real estate lender Hilco Real Estate Finance UK (HREF) has appointed Steve Allen as senior business development manager. Having worked in financial services for over 30 years, Steve’s experience includes a background in personal banking. He acted as a financial adviser for more than 20 years as well as having been a regulated […]
A recent survey by the World Economic Forum has shown that ransomware attacks have increased by nearly 300%, with over 50% of these attacks specifically targeting small businesses. This underscores the increasing vulnerability of small enterprises to AI-enhanced cyber threats. As the integration of Artificial Intelligence (AI) into business operations accelerates, small businesses are increasingly […]
Assetz Capital, a leading funder in the SME development lending market, announce a significant enhancement to its development lending solutions, offering stronger initial day one advances to developers on schemes up to 70% LTGDV. This strategic offer is designed to equip housebuilders with robust financial support from the outset, facilitating smoother project execution. The offer […]
On 12 June 2024, the winners of the 2024 FCI Awards have been announced during the FCI 56th Annual Meeting held in Seoul. FCI Business Awards The FCI Factor of the Year Awards recognise FCI Members who received the highest grades from their correspondents based on several criteria. Under this Award, we have various categories. […]
The introduction of the £100 contactless payment limit in 2021, designed to offer convenience in a post-pandemic world, has also opened doors for opportunistic fraudsters. A recent article in the Telegraph reports that contactless card fraud has doubled since this limit was raised, reaching a staggering £41.5m. This alarming trend has caught the attention of […]
Phoebus is the latest firm to join the Intermediary Mortgage Lenders Association (IMLA), bringing IMLA’s membership total to 69, comprising 55 full members and 14 associate members. As a mortgage servicing provider of 35 years’ standing, Phoebus works with UK lenders across all sectors to improve the way borrower accounts are serviced. It provides a […]
