Unstructured data analysis of the annual reports of FTSE 350 businesses reveals those that lead on customer centricity, as evidenced by the language used, grew their share prices over a three year return by 10pp more than those who were the least customer-centric. The research was conducted by global strategic insights and customer analytics group […]
UK microbusiness owners are significantly less optimistic about their national economy and individual growth prospects than US counterparts, according to a new GoDaddy study of digital/online microbusiness owners. The findings, published today, come from Venture Forward, an international research initiative by GoDaddy that analyses data from more than 20 million British and American microbusinesses – […]
Accountant firms are increasingly allowing clients to spread fee payments in response to growing financial pressure on businesses, new research from Premium Credit, a leading provider of finance, shows. Its study found more than two out of three (68%) firms allow some clients to pay fees monthly or over an extended period of time. Just […]
Barclays has launched the Demo Directory, a free online service open to UK businesses, regardless of who they bank with, for easy, cheaper and less time consuming access to capital by connecting them to a network of attested investors. The service, a first-of-its-kind for a UK bank, aims to help businesses seek investment opportunities that they […]
Specialist buy-to-let lender Landbay has made more than 80 changes to its product range including a host of rate reductions with rates starting from 4.09%. Among the highlights of the changes are rate reductions of up to 0.20% across a variety of products. These include Landbay’s two-year fixed rate range for standard properties and two […]
Shop Price annual inflation decelerated further to 5.2% in October, down from 6.2% in September. This is below the 3-month average rate of 6.1%. Shop price growth is at its lowest since August 2022. Non-Food inflation fell to 3.4% in October, down from 4.4% in September. This is below the 3-month average rate of 4.2%. […]
Business confidence rose to 39% in October, a three-point increase, to reach the second highest level in 2023– surpassed only in August (41%). The confidence level this month is significantly above the long-term average of 28% and contrasts sharply with the Barometer reading of just 15% in October 2022, in the weeks after the mini-budget. […]
Next year will be characterised by an unprecedented wave of consolidation in the US banking sector, the leading Washington-based financial services consultant Yerbol Orynbayev said. The intervention from the former deputy prime minister of Kazakhstan follows a dip in banking M&A activity in the third quarter of 2023, but Orynbayev believes this will rebound dramatically […]
Businesses are being advised to prepare thoroughly – and budget accordingly – when considering hiring staff from overseas. The warning comes from Azets, the UK’s specialist business advisor to SMEs, as costs associated with bringing in foreign workers continue to rise for both employer and employee. Senior HR consultant Andreja Okambga, part of the HR Consultancy Services […]
As the Global Representative Body for Factoring and Financing of Open Account Domestic and International Trade Receivables, FCI supports the development of the proper legal and regulatory infrastructure needed for the industry to strive. A proper legal and regulatory framework permits the industry to ensure that all factoring transactions are from a legal and regulatory […]
