Increased staff costs continue to hit the bottom line for hotels, with investment in AI expected to rise as hoteliers look to create efficiencies, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows average daily rates (ADR) of occupied rooms in London dropped […]
Uber has announced it will trial autonomous vehicles (AVs) with no human safety driver, coined ‘robotaxis’, in London next spring. The news comes after the UK government’s introduction of the world-leading AV Act, which became law as of May 2024, opening the door to autonomous vehicles operating on public roads as early as 2026. According to The […]
Investment bank Peel Hunt has released its H1 2025 review of UK takeover trends, highlighting the most intense period for UK takeovers in recent years. Michael Nicholson, head of advisory and M&A comments: “The volume of activity has been plain to see – at the current run rate, 2025 will be the most intense period […]
Market growth expectations have surged amongst lenders and brokers as bridging finance enters the mainstream and interest rates fall, according to the second annual Interpath & BDLA UK Bridging Market Survey. But, with competition further intensifying and ongoing concerns over macro-economic uncertainty, the pressure for consolidation between providers continues to mount. The Interpath & BDLA Bridging […]
UK small and medium sized enterprises (SMEs) are being significantly impacted by the upending of the global trading environment, propelled by the US administration’s tariff policies, according to new research from independent funder Bibby Financial Services (BFS). BFS’s Trading Places report, which surveyed over 500 UK SMEs that trade overseas, found over half (55%) see tariffs […]
Valuation panel management firm VAS has launched the VAS Lender API for its lender clients to transform efficiency, streamline communications, and support with data collection. A year in the making, the VAS Lender API is a transformative tool for lenders, enabling seamless management of valuation requests through technology. This innovative system is designed to reduce […]
The UK Black Business Entrepreneurs Conference (BBEC) 2025, a powerful display of thought leadership, resilience, and community, took place on Wednesday, 25 June at NatWest Conference Centre in Bishopsgate. Now in its fourth year, the conference, which has become known as a mecca for Black British entrepreneurs, brought together more than 200 business owners, policymakers, […]
Period Covered: 01 – 07 June 2025 Shop price inflation increased to 0.4% year on year in June, against a decline of -0.1% in May. This is above the 3-month average of 0.1%. Non-Food inflation increased to -1.2% year on year in June, against a decline of -1.5% in May. This is above the 3-month average of […]
Metro Bank has completed a £19.725m, comprehensive asset-based lending deal with Hepworth Clay and its new owners 4D Capital Partners LLP. The package includes invoice finance, stock finance and a plant & machinery term loan, alongside ongoing working capital facilities. Hepworth Clay is the UK’s sole manufacturer of vitrified clay pipes and associated fittings used […]
Atom bank, the UK’s highest rated mortgage lender on Trustpilot, has confirmed an enhanced partnership with Fiducia Commercial Network. As a result, Atom bank will have enhanced access to Fiducia’s Appointed Representative network, as well as the opportunity to conduct speaking engagements and deliver broker education sessions. Fiducia Commercial Network is part of the Fiducia […]
