New research for the LSB (Lending Standards Board) finds that consumers lack awareness of the true costs of Buy-Now, Pay-Later (BNPL) products, underscoring the need for more awareness of these products, alongside proactive outreach from lenders to those who may be struggling financially. BNPL use increases around the Christmas, Black Friday, and Cyber Monday shopping period, leaving […]
Watkins Jones, the UK’s leading developer and manager of residential properties for rent, advised by Savills Operational Capital Markets, is offering a rare forward funding or joint venture opportunity in Leeds city centre, for a highly amenitised 230 unit co-living scheme. The secure development features a combination of basement car parking, retail spaces on the […]
British Business Investments today announces an initial £20m funding facility to Sprk Capital Limited (“Sprk”). The facility will provide capital to smaller businesses in the UK engaged in innovation. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, aims to improve access to alternative finance for smaller businesses across the whole of […]
Over three quarters of project professionals in the UK financial services sector are implementing artificial intelligence (AI) as part of their everyday processes, according to a new survey by the Association for Project Management (APM), the chartered membership body for the project profession. The survey of 1,000 project professionals, carried out by national research company […]
The majority (88%) of UK senior finance leaders have reported missed growth opportunities over the past year because employees lack direct access to their own budgets, according to new data from the spend management provider, Soldo. Despite 78% of senior finance leaders saying they’d trust employees with company funds, many are still hesitant to grant direct […]
The UK property market begins the new year on a note of cautious optimism, according to Home.co.uk’s Asking Price Index for January. Prices are rising in line with seasonal expectations and buyer activity is picking up. Increased supply attests to the fact that greater numbers of vendors are willing to commit, especially in London. But whether demand […]
Winkworth Machinery Limited, the UK’s largest industrial mixer manufacturer, has secured £750,000 in new financing supported by a UK Export Finance (UKEF) guarantee. Provided by HSBC UK, the government-backed financing will enable Winkworth Machinery to expand its manufacturing capabilities and support continued job creation. Winkworth Machinery, which has been operating since 1924, designs and manufactures […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The UK inflation snapshot will come as a relief and is already acting like a balm to calm unruly markets. The FTSE 100 has opened higher as investors appear to have taken some comfort from the easing of inflationary pressures. Housebuilders are on the front foot […]
The Black Farmer Ltd, the multi-award-winning food brand, has secured a £1m funding line and specialist FX services from independent SME funder, Bibby Financial Services (BFS). The additional capital supports the brand’s expansion into high street retail premises, and furthers the company’s overarching mission to offer premium quality, affordable British products. Founded by Wilfred Emmanuel-Jones […]
PXP, the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities and frustrations of more than 4,000 consumers across the UK and US. The research uncovers compelling trends in how people choose to pay and what drives their decisions: […]
