Investment turnover in the office sector rose over 7% globally in 2024, from $164bn to $176bn, says Savills, with total global commercial real estate investment turnover last year reaching US$828bn, representing a near 8% increase in comparison with 2023. In its annual Review of Global Capital Markets report, the international real estate advisor says that therecovery extends beyond […]
Rent and mortgage spending increased slightly to 2% year-on-year in January according to the latest Barclays Property Insights report. Despite this increase, consumers’ confidence in their ability to afford rent and mortgage payments remained unchanged month-on-month at 52 %. Anticipating the Bank of England’s recent decision to cut the Base Rate, consumer concerns around rising […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’There’s more spring in the step of the retail sector, as sales surged by more than expected in January, as shoppers appear to defy the gloom and bought more food to cheer up the long winter nights. They also bought more from online retailers compared to […]
ThinCats, the UK’s leading alternative finance provider to mid-sized SMEs, has regained its position as the top debt provider for mergers and acquisitions (M&A) in the UK, according to Experian’s latest MarketIQ report. The report, covering transactions up to the end of Q4 2024, reveals a strong surge in deal activity with the UK M&A […]
As digital payment methods continue to evolve, UK consumers and businesses are increasingly seeking more innovative and flexible payment solutions. New research from Moneyhub, the Open Banking data and payments platform, has revealed a strong appetite for intelligent payments that can be delivered by Open Banking and Variable Recurring Payments (VRPs), highlighting significant opportunities for […]
ID-Pal, a leading provider of AI-powered identity verification solutions, today announced its membership with The Payments Association, an influential community of industry leaders and innovators committed to shaping the future of payments. This partnership highlights the commitment of both organisations to enhance security and foster innovation within the payments industry. The move comes as Deloitte’s […]
The government’s tax and labour law proposals could be the ‘final nail in the coffin’ of the British High Street, say leading audit, tax and business advisory firm, Blick Rothenberg. Robert Salter, a director at the firm, said: “The British High Street has been under pressure for the last 20 years due to out-of-town shopping […]
InterBay, part of the leading specialist lender OSB Group, has refreshed its entire semi-commercial and commercial product ranges; including new limited edition products for both purchase and remortgage. The limited edition products have rates starting at 6.94% for commercial and 6.19% for semi-commercial with a 3% fee which are ideal for clients needing larger loans. […]
Blackfinch Property has provided a £2.1m development loan to support the first phase of Dolbeare Meadow, a sustainable mixed-use commercial project in Ashburton, Devon. The first stage includes a 4,300 sq ft Co-op convenience store, already pre-let, along with essential infrastructure to support future phases. Plans for later stages include a drive-through café, an EV charging park, […]
More than a third (38%) of finance brokers say lower taxes are needed to boost SME growth this year, according to iwoca’s latest SME Expert Index. This is double the next choice of reforming business rates (19%). Economic worries With almost three-quarters (70%) of finance brokers saying conditions for SMEs have worsened since the Labour government […]
