HSBC UK has launched a new Carbon Insights tool in its award-winning mobile app, HSBC Kinetic, designed for small business owners. This new feature enables HSBC Kinetic customers to view the estimated C02e values for their HSBC Kinetic Debit Card transactions on a user friendly dashboard in their HSBC Kinetic app. Customers who opt-in to […]
Cashplus Bank, the UK challenger bank, is today announcing that it will rebrand as Zempler Bank in the coming months. The new name represents the company’s commitment to making money simpler through its range of digital banking products for microbusinesses and consumers and to providing exemplary levels of service. The change in name also reflects […]
Start Up Loans, part of the British Business Bank, today announces that it has delivered more than £140m worth of loans to entrepreneurs aged 50+ since its inception in 2012. The programme has supported 13,422 such loans, at an average of £10,427. Almost half the funding (£64m) has been delivered since the first Covid-19 lockdown. […]
SMEB, a banking and financial technology company dedicated to supporting small business, has secured critical approvals and certifications ahead of its planned launch to help Britain’s small businesses and towns. Small & Medium Enterprise Banking [“SMEB”], was founded by British payment veterans to respond to the rapid reduction in local banking services that has left […]
The abolition of the Furnished Holiday Lettings (FHL) regime from 6 April 2025, announced at the Spring Budget, will mean that individuals operating FHL businesses will lose a number of key tax benefits. Currently, interest incurred on loans for the purpose of a furnished holiday letting business are treated as a deduction from rental income […]
This apology for a Conservative government continues to overlook Rule Number One of the UK economy, business pays for everything, hardly surprising when its ranks are infested with so many blinkered Westminster bubble neo-socialists. Adam Smith’s canons of taxation are certainty, proportionality, convenience and efficiency. In the way that classical economists had to attune to […]
An industry-backed campaign to shake up the SME business savings market has launched today, supported by Allica Bank. SMEs across the country are losing out on more than £7.5bn of interest each year due to big banks shortchanging them on their savings. The Great British Savings Squeeze campaign aims to draw attention to banking inequalities […]
A £62m investment fund has been launched to help small businesses across England and Wales access finance to support local jobs and economic activity. The Community Investment Enterprise Fund (CIEF) aims to invest in around 800 small businesses, supporting around 10,500 jobs. The Fund will initially invest into three Community Development Finance Institutions (CDFIs) – […]
The British Business Bank’s Small Business Finance Markets 2023/24 report, launching today, finds that asset finance grew for the third year in a row, increasing 7% in 2023 to £23.5bn, the highest level on record. This increase follows a rise of 11% in 2022 and 23% in 2021 and highlights the continued rebound in the […]
In recent years, there has been a bigger spotlight placed on independent businesses, as consumers become more conscious of contributing to their local communities and the impact their purchasing behaviour has on the environment. Considering the rise in entrepreneurs starting new business ventures, SumUp has revealed the best cities in Ireland for independent businesses. By looking […]
