Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The FTSE 100 has opened the week buoyed by positive winds and renewed investor enthusiasm. It is close to clinching a fresh intraday record. After reaching an all-time high on Friday there seems little to spark a pull-back, with US markets shut for Martin Luther King […]
Following its acquisition by Allica in August last year, bridging lender Tuscan Capital has today announced it has been fully integrated into the Allica Bank brand. The acquisition represented Allica’s first entry into the bridging market, with it aiming to become a break-out bridging lender by combining Tuscan’s specialist bridging expertise with its own extensive funding base […]
Commenting ahead of president-elect Trump’s inauguration on 20 January, Matthew Clark, international trade partner at accountancy and business advisory firm BDO said: “The return of Donald Trump to the White House will be a defining moment for global trade. The imposition of higher tariffs to advance US domestic and foreign policy objectives will have significant […]
ECI Partners, the leading mid-market private equity firm, predicts a continuing general uptick in deal flow in 2025 and that tech businesses focused on business efficiency or trust are set to benefit from a surge in private equity investment. Tom Wrenn, managing partner at ECI comments: “Currently the UK is a much more stable environment […]
As lenders and brokers, we are only too aware of the looming stamp duty holiday deadline. Since September 2022, buyers of homes priced up to £250,000 have been exempt from paying the duty. This will revert to previous levels from April, when stamp duty will be payable on homes priced above £125,000. The threshold has […]
New analysis of Companies House data published today by Zempler Bank, a digital bank serving start-ups and microbusinesses, shows company formations fell year-on-year by eight per cent in 2024. Zempler, which offers a company formations service, has produced analysis showing that there were 807,000 incorporations in 2024, down from the 844,000 recorded in 2023. This […]
The UK’s automotive industry is inherently global, touching every continent as an export sector. It remains Britain’s largest exporter of goods by value, with many of the products developed here the result of massive investment from overseas businesses. Yet more evidence of that came yesterday with £50 million announced to build a new component manufacturing […]
Hampshire Trust Bank (HTB) has expanded its specialist lending offering to include restricted holiday lets, giving brokers the tools to support clients in a changing and increasingly complex market. This strategic move reflects HTB’s ability to adapt to evolving regulations and market demand, while providing tailored solutions for professional investors. Restricted holiday lets, with their distinct […]
As Blue Monday approaches on January 20, one of the UK’s largest credit insurers, Atradius, reveals a 24% drop in claims from UK retail businesses in December 2024 – excluding the clothing and footwear sectors. New data highlights resilience among UK retailers, even amidst the ongoing cost-of-living crisis and the impact of the Autumn Budget. However, with the post-festive season […]
Conister Bank Limited (“Conister”), part of Manx Financial Group PLC (AIM:MFX), is delighted to announce the launch of a new easy-to-use online deposit system for its UK retail customers. The launch follows the success of its digital distribution channel on the Isle of Man, which now accounts for over 70% of the bank’s lending. The […]
