Alternative is delighted to announce that James Bloom has joined the company as divisional director. James joins from Masthaven Bank where he was managing director, short-term lending, and prior to that he was chief executive at Regentsmead where he led the company to become one of the leading privately-owned development finance businesses. Brian Rubins, executive […]
Chartered Accountants Wylie & Bisset is advising family business owners that a key element to a successful succession strategy is to take account of the tax implications in doing so. With a recent survey suggesting 80% of family owned business owners believe it is important to involve family members in the business with 78% saying […]
Responding to today’s report from the House of Commons Treasury Select Committee on the impact of business rates on business, Phil Hall, head of public affairs and public policy, AAT, said: “AAT believes that the current business rates system needs an overhaul, and this report from the Treasury Select Committee is an important first step […]
City of London Group Plc (COLG) is very pleased to announce that, during November 2019, its subsidiary, Recognise Financial Services Limited, will be formally submitting its application to the Prudential Regulatory Authority (and the Financial Conduct Authority) to be authorised as a bank. Recognise, has an independent, fully constituted Board under the chairmanship of Philip […]
The UK banking sector’s exports of financial services reached a new record high of £36bn in 2018, up £1.7bn on the previous year, figures published today by the Office of National Statistics (ONS) have revealed. Total financial services exports, including banking, also reached a record high of £62.5 billion in 2018, up £3.1 billion on […]
The government has not done enough to prepare businesses and the self-employed for the changes to IR35 coming into force next April, IPSE (the Association of Independent Professionals and the Self-Employed) has warned. The warning comes in response to research by Hays, which shows a third of private sector organisations that engage temporary contractors are […]
LexisNexis® Risk Solutions, the global analytics provider, is today urging companies to review their due diligence processes ahead of the implementation of the 5th Money Laundering Directive (5MLD), which comes into force on the 10th January 2020. 5MLD, the EU’s latest attempt to strengthen its defences against money laundering, includes new requirements to standardise the […]
This month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own delay in August – seems to have come too late to harm merchants’ appetite for Open Banking Solutions. Having already implemented the necessary technical fixes, […]
Wefarm, the digital network for global small-scale agriculture, today announced it has raised $13m in a Series A financing round led by Silicon Valley venture capital firm True Ventures. This financing round will help Wefarm further scale its network of 1.9 million farmers, and its newly created Marketplace, to connect farmers in Africa, even those […]
Keith Morgan has today announced that he will be standing down from the role of chief executive of the Government-owned British Business Bank at the end of 2020 after eight years at the helm of the UK’s economic development bank for smaller businesses. Keith was appointed in January 2013 to lead the design and establishment […]
