Accountancy and business advisory firm BDO has announced revenues of more than £1bn for the first time in its 100-year history. It reported growth across all its core business areas, despite a backdrop of economic uncertainty for the UK economy. BDO says it is the strength of its market heartland of entrepreneurial, mid-sized businesses – […]
Zempler, the microbusiness-focused UK digital bank, has today published its full year results for the financial year ending 31st March 2024, announcing a pre-tax profit of £3.3m from record revenues of £70m. The firm, previously known as Cashplus Bank, rebranded as Zempler Bank in July 2024. The performance represents strong progress, with a small increase in […]
Fintech investors are cautiously optimistic about the sector’s future, despite mounting concerns over valuations. A new survey by Fintech Connect reveals that while 69% of investors are uneasy about fintech valuations – with a quarter being “extremely concerned” – the majority (70%) still foresee steady growth over the next three to five years, demonstrating their […]
With the UK seeing a record 900,000 new start-ups in 2023, British consumers are showing more interest in supporting small businesses over big chains, especially around Christmas. But what is the appeal of shopping small, how many Brits prefer it and why, and how much more are they willing to spend for something with a more personal […]
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has called for next month’s Scottish government’s Budget to provide relief to SMEs struggling to cope with rising operating costs in an increasingly challenging economic environment. Chancellor Rachel Reeves’ first budget announced a rise in employer National Insurance contributions. Under the new system, starting April […]
Manufacturing output volumes fell in the quarter to November, and at a faster pace than in the three months to October, according to the CBI’s latest Industrial Trends Survey (ITS). But the near-term picture is more positive, with manufacturers expecting output volumes to rise modestly in the quarter to February. Total order books improved relative […]
The Invest in Women Taskforce today announces it has secured over £250m of funding to support female entrepreneurs in the UK. Major investors, including Barclays, M&G, the British Business Bank, Morgan Stanley, Visa Foundation, BGF and Aviva have stated their commitment to invest in female founded businesses across the country, either directly themselves or through […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: “Positivity continues to pulse through the FTSE 100 at the start of the week, with the blue-chip index heading higher. After putting in the best performance in months at the end of last week, investors continue to show optimism. Trump’s pick for Treasury Secretary has swelled […]
As the farming industry gets ready to protest changes to agricultural property relief (APR), they can count on construction to understand their concerns. Richard Beresford, chief executive of the National Federation of Builders (NFB), said: “Construction companies are also generational businesses operating on tight margins, uncertain cashflow and aging workforces. We therefore stand behind farmers […]
Despite improvements in fraud awareness among charities, half of all detected charity fraud is still committed by internal perpetrators, according to a new report from accountancy and business advisory firm BDO and the Fraud Advisory Panel. The survey of over 135 leaders from UK charities, published today as part of Charity Fraud Awareness Week, found […]
