Growth is a core UK government mission, and making it happen amid intense economic challenges requires ambitious action. Next week’s Spring Statement provides an opportunity for the chancellor to do just that and set out fiscal measures that boost the country’s prospects. The UK automotive sector is perfectly placed to deliver growth, provided the right […]
Research carried out by mortgage market specialist Pegasus Insight shows a range of perceptions and awareness among tenants about the Renters’ Rights Bill (RRB) and how it will impact them. The latest Tenant Trends report reveals that 32% of tenants are ‘fully aware’ or ‘mostly aware’ of the details included in the RRB; 20% are ‘somewhat aware’ […]
The UK’s medium-sized businesses drove job growth in the last ten years compared to their small and large counterparts, according to new analysis. The research from iwoca––one of Europe’s largest SME lenders––finds that businesses of 50 to 249 people expanded their headcount at double the rate of their small and large counterparts between 2014 and […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The FTSE 100 is upbeat at the start of the week, rising amid more positive sentiment as hopes wash around about the potential for US tariffs to be more targeted. President Trump’s latest deadline for ‘reciprocal’ tariffs to be re-imposed on trading partners Canada and Mexico […]
NatWest CEO Paul Thwaite is to chair the first meeting of the Mid-Market Growth Council on Thursday (27 March), established to support the sector and break down barriers to growth. Published in December with support from the business secretary Jonathan Reynolds MP, NatWest’s report, “The Critical Middle”, found that mid-market companies represent just 0.5% of […]
Promarine Finance Ltd (Promarine), a specialist in marine mortgages, has secured a £30m revolving facility from Secure Trust Bank Commercial Finance (STB CF) to support its continued growth. Founded in 2010 by Stuart Austin, Promarine is an FCA regulated provider of marine mortgages, facilitating the purchase of new and used leisure vessels. Since then, Promarine […]
Businesses will face a growing compliance risk when new National Minimum Wage (NMW) rates come into force in April, accountancy and business advisory firm BDO has warned. According to the latest BDO survey, 98% of mid-market businesses said that that the proportion of their staff earning within £2 per hour of the National Minimum Wage […]
According to the latest report by the ONS there were 2.88m jobs in retail in December 2024.This is traditionally the high point of the year, with retailers employing more people during the key Christmas quarter. The four-quarter average was 2.84m jobs, 70,000 fewer than at the same point last year, and 249,000 fewer than five […]
The British Business Bank today announces it has made a cornerstone commitment of up to £50m to Elbow Beach’s Climate Impact Fund 2 through its Enterprise Capital Funds programme. The Fund, which has already secured commitments for £63m of capital, will back startups across the UK pioneering technology solutions to big industry problems, at the […]
United Trust Bank (UTB) has launched its new Easy Access account for personal, business and charity customers, the first time the Bank has offered a deposit account with the ability to add and withdraw funds at any time without restrictions. The Easy Access account is currently paying a competitive, variable interest rate of 3.75% Gross AER […]
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