Hampshire Trust Bank (HTB) has launched an Automated Valuation Model (AVM) option as part of its short-term lending proposition, offering brokers a faster, more cost-effective way to secure valuations for time-sensitive transactions. Available for residential investment properties, including houses, low-rise flats and small HMOs, the AVM option supports property values between £250,000 and £1m, with […]
Acquisitions have already become the norm in the payments space, with the wider sector now set to follow suit The fintech sector is sustaining its rapid expansion, with the market expected to grow to over $500bn by 2028 – an annual growth rate of over 25%. As the sector has increased in size, startups have transitioned into […]
Experts from business advisory firm Quantuma have secured the future of crêperie café chain Crêpeaffaire in a sale to Crepe Union and Crepe Trading. On 14 January 2025, Quantuma managing directors, Brian Burke and Elias Paourou were appointed as joint administrators of the Crêpeaffaire group of companies, comprising Crêpeaffaire Limited, Crêpeaffaire International Limited and Crêpeaffaire […]
BRC; Correction: Removed historical lows on first four bullets that were erroneously copied over from previous month’s press release. Apologies. Period Covered: 01 – 07 January 2025 Shop Price deflation was 0.7% in January, above deflation of 1.0% in the previous month. This is slightly above the 3-month average rate of -0.8%. Non-Food remained in deflation at […]
The British Business Bank’s Start Up Loans programme saw a 9% rise in loan volumes in 2024 compared to the previous calendar year, suggesting a continued entrepreneurial drive in the UK. The 2024 calendar split into quarters also saw demand for Start Up Loans remain consistent in each quarter. The programme, which provides finance and support […]
Landlord research carried out by mortgage market specialist Pegasus Insight reveals gently increasing optimism among landlords, despite the introduction of higher Capital Gains Tax (CGT) in the October Budget and the potential impact of the Renters’ Rights Bill which the government has committed to introducing. The latest Landlord Trends report for Q4 2024 shows that […]
Stockport-based Sports Feet has secured a second loan of £10,000 through the British Business Bank’s Start Up Loans programme, delivered by GC Business Finance (GCBF). The independent specialist running shop was founded by Alison Cheetham and David Edwards in 2020 to embrace their shared passion for running. The pair began working together as travel agents […]
Metro Bank will extend Saturday opening hours at 32 stores from 1 February, following increased demand for earlier opening times in a number of locations. The changes mean that the 32 stores currently open on a Saturday will see their hours extended from 11am – 4pm to a new opening time of 9.30am – 4pm. […]
UK FTSE Retailers issued 20 profit warnings in 2024, marking a slight improvement from the previous year, which saw 24 warnings, according to EY Parthenon’s latest Profit Warnings report. In the fourth quarter of 2024, FTSE Retailers issued seven profit warnings, a significant increase from the one warning issued in Q3. Although the total number of warnings […]
Xeinadin, one of the leading professional services firms in the UK and Ireland, has expanded its presence in Hertfordshire through the acquisition of Watford-based Landmark Accountants. As part of Xeinadin, Landmark will continue to service small-to-medium sized enterprises in Watford and the surrounding areas. Landmark is highly experienced at advising a diverse range of businesses […]
