London-based property investment company, SDPI, has further expanded its extensive portfolio, after securing a £3.4m funding deal to make a major acquisition of a large mixed-use commercial and residential development in Greenwich. SDPI leveraged the funding provided by Reward Funding to complete the purchase of the 8,486 sq. ft. property on Trafalgar Road, in the popular South […]
New data from independent lender, Time Finance, reveals that SMEs are not utilising their options when it comes to accessing alternative finance, with nearly 60% having never looked beyond their own bank for commercial finance solutions. Urging SMEs to broaden their horizons when it comes to investing in growth, Time Finance’s new survey delves into […]
A record number of landlords (88%) have no confidence in the current private rental sector, a figure that increases to 90% in London, according to new data from SpareRoom, the UK’s leading flatsharing website. More than a third (34%) of landlords plan to leave the sector altogether this year, spelling a stark reduction in long-term […]
New data reveals a notable increase in acquisitions among Independent Financial Adviser (IFA) firms, with 9% of firms having acquired other businesses as of December 2024. This marks a steady rise from 5% in February 2024 and 6% in September 2024, signalling a growing trend of consolidation within the sector. This data comes to light […]
One of the largest accountants and business advisers in the UK, Duncan & Toplis, has acquired London-based accountants, ALG – marking an exciting milestone in the group’s largest period of growth since it was established in 1925. The deal will see ALG rebrand, with all team members including directors Mark Hilton and Panos Michaelides remaining in their roles. […]
History could be repeating itself as the latest wave of tariffs from the Trump administration disrupts global trade, reshapes supply chains, and sends investors scrambling to reassess their strategies. This is the warning from Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organizations, as shares in Europe […]
Assetz Capital, a leading funder in the SME residential development market, has cut its development finance rates again to a new headline rate from 9.1%. This significant rate reduction comes just months after a rate cut in October last year. Andrew Fraser, chief commercial officer at Assetz Capital, commented, “We need to pass on interest […]
The upcoming rise in National Insurance Contributions (NICs) is set to cost UK businesses an additional £28bn this year, based on conservative estimates, with the actual tax burden potentially being much higher. New data from Novuna, one of the UK’s leading financial services companies, highlights the steep cost increases businesses face due to rising NICs. […]
The British Business Bank has agreed to use its ENABLE Guarantee programme to support a senior facility of up to £100m provided by Paragon Bank to LE Capital. For the first time, the British Business Bank has provided a pricing incentive on the guarantee to encourage the funding of electric and hybrid vehicles into the […]
Today, Visa Foundation is announcing the launch of a three-year initiative to support and empower women-led small businesses (SMBs) through a comprehensive training, community building and micro-grant programme. In partnership with INCO, a leading social enterprise company, the programme aims to deliver impactful financial and business support to 500 UK based female founders to address […]
