Exports of tomato ketchup have declined in the first few months of 2019, as Canada drastically reduced its intake from the US following an anti-Heinz campaign, coupled with the trade spat between Ottowa and Washington, IHS Markit’s Agribusiness Intelligence reports. Canada is the world’s largest importer of ketchup with an annual intake exceeding 200,000 tonnes, […]
An innovative new investment vehicle to provide funds to support UK property deals – commercial and residential – has been launched by one of the UK’s leading private equity firms in conjunction with a financial technology (fintech) firm. MAVEN Bonds has been designed to provide investors with the chance to diversify their investment portfolio while […]
AccountScore and Equifax have today announced the release of a new credit risk index for the consumer lending sector which allows financial institutions to more effectively understand consumers applying for credit products. The index is based upon the transactional information found within a consumer’s bank account and takes advantages of the opportunities provided by Open […]
IR35, the legislation put in place to deter disguised employment tax avoidance, and the effects of the uncertainty over Brexit are combining to cause significant problems for UK businesses and freelancers alike. According to new research by PeoplePerHour.com and TalentDesk.io, which took in the opinions of almost 1200 businesses and freelancers, the combined scenarios have […]
An alcoholic drinks brand with a focus on premium spiced rums has announced a partnership with Majestic Wines, a nationwide retailer of alcoholic beverages, after securing a five-figure investment from GC Business Finance. The partnership with Majestic Wines means its products will be sold online and throughout all 200 of its stores. Manchester-based Rockstar Spirits, […]
Mastercard has launched Mastercard Accelerate, a global initiative that simplifies the way that Mastercard works with fintechs, giving them access to everything they need to grow quickly. Offering a simple, single entry-point to the company’s wide portfolio of specialised programs, Mastercard Accelerate gives start-ups and emerging brands support and assistance for every stage of their […]
Commercial landlords are expecting the North of England and the East Midlands to provide the biggest development opportunities in the UK over the next two years with offices and flats seen as the most attractive sectors, according to a new study. The research, by specialist finance company Together, found nearly two out of five (39%) […]
Aston Lark, the chartered insurance broker backed by Goldman Sachs, has announced the acquisition of Lloyd’s broker Protean Risk. Protean Risk is a specialist Lloyd’s insurance broker focusing on the investment industry, financial services, fintech and technology sectors with clients ranging from start-ups to international organisations. Protean is the first acquisition that has completed for […]
NatWest’s asset finance arm, Lombard, has today announced the launch of a new digital service that allows businesses to receive instant agreement to fund assets such as cars, vans, machinery and technology, up to a maximum of £250,000. The new function, available through Lombard’s website, allows customers to create a personalised quote across any one […]
Responding to the Treasury Committee’s report into IT failures in the financial services sector, UK Finance chief executive Stephen Jones said: “Operational resilience is crucial in a modern financial system and the industry continues to invest billions to ensure systems, human and digital, are robust and secure. When incidents do occur, firms work around the […]
