The Hong Kong property market has borne witness to the city’s turmoil in 2019. Home prices experienced their steepest increase in the first half of 2019 but have seen those gains trimmed in recent months in the face of the growing social unrest. The ongoing trade tensions and social unrest have weighed on business sentiment […]
Funding Options has partnered with Open Accounting experts, Validis, to enhance the lending journey for applicants and speed up access to finance. The Funding Options-Validis partnership will shave time and expense off the data preparation process effectively making access to external funding much faster for businesses. Funding Options will also utilise the accurate and structured […]
Majority (15) of the banks in the GlobalData’s list of top 25 publicly traded global banking institutions by market capitalisation (M Cap) reported quarter-on-quarter (QoQ) decline during the third quarter (Q3) ended on 30 September 2019, according to GlobalData, a leading data and analytics company. In Q3 2019, the aggregate M Cap of the top […]
ThinCats has today announced a move to an institution-only funding model for future loans. No new loans will be offered on the P2P Platform operated by Business Loan Network (BLN), one of the ThinCats Group companies. The P2P Platform has entered a run-off phase and has closed to new investors. Investors already using the P2P […]
Strong ocean imports and exports will sustain India’s trade growth over the three-month period ending in January 2020, making it the only country out of the world’s seven largest economies with a positive trade outlook according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The DHL Global […]
Sir Robert McAlpine took the top spot this month with five contract awards totalling £561m. A mixed development at Gateshead Quays contributed £250m to the total. BAM Construction and Vinci Construction were in second and third place for November 2019, with a total contract award value of £122m and £98m respectively. This month, the top […]
The latest MarketFinance Business Insights charts late payment trends between 2013 and 2019, analysing over 100,000 invoices. The data sheds light on how long SMEs are waiting to be paid, how late these payments were and the impact. The analysis suggests that businesses typically agree 45-day payment terms from completion of work or delivery of […]
Benign economic conditions and low debt servicing costs have helped UK banks to maintain a low level of domestic credit losses in recent years. We estimate that such losses will be around £9bn, or just 0.32% of domestic loans, this year. 2019 losses would need to rise to around £18bn – double our estimate–to reach […]
The UK’s electric car uptake remains low with just 0.50% of vehicles now plug-ins, hardly changed from 0.46% last year says Growthdeck, the private equity investment firm. Growthdeck says the lack of infrastructure has been a key impediment on the adoption of plug-in vehicles across the UK. The City of London has the highest percentage […]
Visiting Angels, one of America’s largest care franchises, are flying high as they welcome three new franchisees to the UK franchise family. Having recently celebrated a year since launching on British soil, the brand has yet more cause for celebration as it prepares to end the year by doubling its young network. Three new franchisees, […]
