Zac Winter, the founder of South Shields-based company AFL Decorating and Maintenance, is living proof that hard work and determination can turn a passion into a thriving business. After working for a friend’s company with no prior experience, Zac discovered his love for decorating and maintenance, which led him to start his own venture. In […]
365 Finance, an award-winning provider of revenue-based finance to UK and Irish SMEs, has secured a £150m debt raise with Pollen Street Capital. The facility will support over £300m in annual originations and builds on 365’s 50% annual growth-rate since 2020. The facility now also incorporates a euro line to support Irish SMEs. London-based 365 […]
United Trust Bank (UTB) is continuing to enhance its support of housebuilders and developers operating in the South of England with the appointment of Andy Porter as senior director in its business development team. The appointment follows a busy start to 2025 for the specialist lender and a successful 2024 when it sanctioned over £1bn […]
IBOS Association (IBOS), an international banking network, is delighted to announce its newest member, Axis Bank Ltd, based in Mumbai. Since its launch in 1994, IBOS has developed into a global banking and cash management alliance, with its member banks now providing geographic coverage to clients across the globe. This addition expands IBOS’ geographic coverage […]
Firenze, the fast-growing fintech offering Lombard lending to wealth managers, has formed a strategic partnership with Monument Bank, the UK’s first challenger bank dedicated to the mass-affluent segment. Monument has committed a £160m funding line to Firenze, empowering the fintech to scale its Lombard loan offering for wealth management firms while reinforcing Monument’s position as […]
Over a third of property experts believe tax restrictions announced in the 2024 Autumn Budget will be a key barrier to real estate investment this year, according to RSM UK’s Real Estate 360 survey. Research commissioned by leading audit, tax and consulting firm RSM UK shows that 35% of businesses said that additional tax restrictions will […]
Greater Manchester Chamber of Commerce has sent a letter to Chancellor Rachel Reeves highlighting concerns about rising costs facing businesses as measures from the budget, announced last October, take effect in April. The letter, signed by Chamber president Emma Holt on behalf of the Chamber’s local presidents and vice-presidents – most of whom are local […]
New figures released today by the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance markets provided a record £154.6 bn of new lending in 2024, 2% higher than in 2023. Of this total: £39.7 bn was provided to businesses for investment in machinery, equipment, and […]
More than a third of UK farms could go out of business in the next five years, rising to 56% by 2035, according to a new study of 2,000 British farmers on the impact of the Labour government’s changes to inheritance tax (IHT). Last week the government doubled down on its decision to press forward […]
Matt Britzman, senior equity analyst, Hargreaves Lansdown: “UK markets have kicked off on a downbeat note, with the FTSE 100 0.3% lower as investors digest a mix of global trade tensions and domestic economic signals. The lower opening echoes performance in European markets, and a retreat in US and Asian stocks overnight, reflecting unease over looming US […]
