The demand for sustainability is as prevalent now as it has ever been. With natural disasters such as the recent Australian bushfires, the devastation caused by global warming is becoming impossible to ignore. Now, more than a quarter (27%) of Britons cite the environment in their top three issues facing the country, and are therefore […]
The International Islamic Trade Finance Corporation (ITFC) organised its second three-day workshop on Advanced Islamic trade finance for leading financial institutions (FIs) operating in the Kyrgyz Republic. This workshop falls under the Framework Agreement signed in 2019 between the government of the Kyrgyz Republic and ITFC. The workshop witnessed the participation of 27 bankers from […]
Responding to Government’s proposed immigration system, Tom Ironside, director of business and regulation at the British Retail Consortium, said: “Retailers rely on complex supply chains and for these to function effectively must be able to access an adequate supply of workers. Although we welcome the reduction in the salary threshold, it is disappointing that the […]
Chartered accountant Wylie & Bisset has joined Glasgow City Council’s new Business Growth Programme, under which it will provide a range of business structuring and business financial management advice to local SMEs. The programme is funded by the European Regional Development Fund through Scotland’s European Structural and Investment Funds (ESIF) programmes and is delivered by […]
Newly formed Manchester based property developer Northern Property Consortium (NPC) has embarked on its maiden project after agreeing a key short term finance deal worth £550,000 with leading independent SME funding specialist, One Stop Business Finance. The deal has enabled NPC, which was launched by highly experienced construction project manager Rick Parker, to deliver on […]
ThinCats, the leading alternative lender to mid-sized SMEs has facilitated a £1.8m loan to Furmanac Ltd, the UK’s largest adjustable bed manufacturer, based in Kingswinford, West Midlands. The funding will reduce Furmanac’s overall finance costs by refinancing a range of existing loans from multiple lenders and increase working capital to assist in their current growth. […]
Foreign businesses who bought goods and services from UK companies in 2019 paid more invoices late and took longer to settle their bills. The latest MarketFinance Business Insights examined over 11,000 invoices to these businesses to understand the trading relationship between UK businesses and the UK’s top ten trading partner countries (United States, Germany, Netherlands, […]
With 2019 being characterised by market uncertainty and static growth forecasts, it appears that small business leaders are starting the New Year with a different set of priorities. Over a third say they are looking to improve sales (38%) – but those looking to cut back on costs have significantly dropped from 35% to 20%. […]
Nucleus Commercial Finance has today announced enhancements to its cashflow finance product, responding to feedback from brokers and broadening its appeal to more SMEs. The upper limit of the product has been raised and businesses can now borrow between £25,000 and £200,000 over the short to mid-term. This update comes shortly after Nucleus increased the […]
Nearly a third (32%) of freelancers are planning to stop contracting in the UK because the changes to IR35 due in the private sector in April, according to research by IPSE (the Association of Independent Professionals and the Self-Employed). One in seven freelancers (13%) plan to find contracts abroad, one in ten (11%) plan to […]
