The UK has agreed landmark post-Brexit trade deals with Australia and New Zealand to unleash British businesses and deliver on the prime minister’s aims of economic growth and innovation. The free trade deals are expected to boost bilateral trade with Australia by 53% and with New Zealand by 59%, affording UK businesses the benefits of […]
Renewed activity across Europe’s luxury market saw store openings increase by 77% last year, as the continent welcomed back international visitors and saw a strong recovery in luxury spend. The research comes from the latest Savills Global Luxury report, which found that the strong performance across Europe saw its global share of new openings climb to 23%, […]
Younited, a leading European instant credit provider, has joined forces with Tink, Europe’s leading open banking platform, for accurate affordability assessments. This partnership enables Younited to deploy instant credit to more consumers and businesses in Europe. By using Tink’s data aggregation and pan-European connectivity, Younited receives customers’ up-to-date financial data within seconds and processes credit applications instantly. This […]
European commercial real estate (CRE) is feeling the refinancing squeeze, according to an S&P Global Ratings credit FAQ. “Spotlight On Refinancing Risks In European Commercial Real Estate” takes a look at some of investors’ most pressing questions on CRE refinancing risks, both from a bank and a real estate investment trust perspective. “The majority of […]
More than half (56 %) of Mainland China’s small businesses expect to grow in 2023. Meanwhile, their investments in technology and innovation will pay dividends, according to a new survey by one of the world’s largest accounting organisations. CPA Australia’s Asia-Pacific Small Business Survey reveals over one-third of small businesses (35 %) in Mainland China […]
HeavyFinance, a European climate tech investment marketplace for the agricultural industry, has launched Green Loans to tap into a rapidly growing carbon credit market. This new debt instrument enables both retail and institutional investors to get returns from the sale of CO2 removal credits generated in European farmland. With the urgent need to take an […]
SME Bank, the bank making life simpler for small- and medium-sized enterprises, is announcing that Virginijus Doveika has been appointed as the company’s new CEO. Doveika joined the company in February 2023, bringing with him a successful 20-year track record in banking, which began with Skandinaviska Enskilda Banken AB (SEB), a Swedish incumbent. SME Bank, […]
UK Export Finance (UKEF) has appointed a new International export finance executive (IEFE) to promote trade opportunities with the UK. The IEFE, based at the British Consulate in São Paulo, will ensure continued support for trade links between the UK and Brazil, working closely with major UK government departments to showcase the expertise, capability and […]
The European Investment Bank (EIB) and illimity Bank have signed an agreement worth €200m to support SMEs in Italy. The EIB will provide €100m loan to illimity, which will invest an additional €100m through b-ilty, its digital bank, to provide financial services and credit to companies with a turnover of between €2m and €15m. At […]
According to Savills latest research, Paris CBD (66%), Madrid (65%) and Stockholm (60%) lead the ‘return to the office’ in Europe where occupancy figures are close to the pre-pandemic European average of 70%. Prague has recorded the largest increase in occupancy rates, rising by 16 percentage points to 54% between June 2022 and February 2023, […]
