The leadership team at Pulse Cashflow Finance have announced that they have successfully executed a management buyout (MBO). Established in 2008, originating founder and managing director Toni Dare sold the business in November 2019 but stayed on as MD. Last year, the management team of Toni Dare and Martin Bennison – identified, proposed and seized […]
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in February 2025 by 1% compared with the same month in 2024. In the first two months of 2025, new business was 2% higher than in the same period in 2024. […]
New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in February 2025 by 2% compared with the same month in 2024. The corresponding value of new business grew by 5% over the same period. In the first two months of 2025, new business was […]
Cheshire-headquartered recruitment agency Gap Personnel has been acquired by Rcapital in a corporate carve-out, backed by a £23.5m facility from Secure Trust Bank Commercial Finance (STB CF). Established in 1997, GAP Personnel is an award-winning recruitment agency specialising in the industrial, professional, technical, and healthcare sectors. Generating approximately £200m in annual revenue, the business has […]
Welsh government has published a new consultation on proposed changes to permitted development rights in Wales. The proposals include the introduction of additional rights across a number of forms of development alongside a change in the definition of ‘major development’. The consultation, which launched on 8 April 2025, proposes the introduction of permitted development rights […]
The buy-to-let (BTL) lender has today released the results of a poll to gauge the reactions of brokers to the chancellor’s latest fiscal event. The findings reveal a significant level of disappointment within the industry, with 77% of respondents expressing dissatisfaction with the announcements made by Rachel Reeves. The poll, which targeted mortgage brokers writing […]
UK health tech and life sciences startups raised $1.8bn in venture capital investment in Q1 2025, the sector’s second strongest quarter on record, according to new analysis from HSBC Innovation Banking UK and Dealroom. Health was the UK’s most funded sector this quarter by a wide margin, attracting more than twice the investment of the […]
Key stats from Morgan McKinley’s 2024 London Employment Monitor: 12% increase in jobs available quarter-on-quarter (Q1 2025 vs Q4 2024) 11% decrease in jobs available year-on-year (Q1 2025 vs Q1 2024) The latest employment figures from Morgan McKinley suggest that the number of job openings in the City’s financial services rose by 12% in the […]
Matt Britzman, senior equity analyst, Hargreaves Lansdown: “Just when it seemed the tariff chaos couldn’t get any worse, tech investors have spent the weekend scrambling to make sense of a whirlwind of confusing – and at times contradictory – messages coming out of the White House. Despite the drama, European markets have taken an easing stance on […]
Announced by the chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help more smaller businesses across the UK. The extra funding is aimed at smaller businesses that may need support with cashflow issues due to changes in global tariff rates. Delivered by the British Business Bank through around 50 […]
