Government could be doing more to ensure that its activities to support businesses are aligned and well-co-ordinated, according to the National Audit Office (NAO). The NAO has published two reports today. The first, Business support schemes, looks at the management of the support government, particularly the Department for Business, Energy and Industrial Strategy (BEIS), provides […]
The National Audit Office (NAO) has today published a value for money study on the British Business Bank, in particular examining its impact on SMEs’ access to finance and its preparedness to respond to future challenges. Commenting on the report, British Business Bank CEO, Keith Morgan, said: “We welcome the NAO’s findings that the British […]
The agreement offers our brokers a range of products appropriate for portfolio landlords, HMOs, MUFBs, first time landlords, limited companies and new build properties. As the regulatory and economic landscape of the buy-to-let market becomes more complex, lenders need to be flexible and expect to meet the needs of intermediaries and landlords alike. This partnership […]
Late payments are hitting the mental health of small business owners, according to research published today by Pay.UK, which runs the Bacs Direct Credit and Direct Debit payment services. More than a quarter (26%) of SME business owners stress about late payments even when they are not at work; 17% say that payment delays undermine […]
New research by PeoplePerHour brings a very positive spin to the story, with the pay gap between male and female freelance workers now at an all-time low of just 2.3%, or £0.45 per hour in real terms. With the national gender pay gap remaining at a staggering 14%, this is incredibly positive news for freelancers. […]
Specialist finance provider 1pm has just announced record levels of new business in its half yearly financial update as demand for non-bank finance from SMEs continues to grow. The firm has reported a 7% increase in the value of new business it has won during the first six months of its current financial year to […]
Simply, the SME funder, today announced that it has started to list third party assets on the Simply site, in a move to both expand the range of vehicles and machinery available to potential buyers and also help existing customers and partners sell the kit they no longer need. Simply Market – an extension of […]
Optimism has soared in the UK following December’s general election, signalling greater clarity and confidence among industry experts. In the latest quarterly Global Economic Score from global insights platform Atheneum, and online statistics portal Statista, 1,192 industry experts worldwide have recorded their views on the economic climate, investment, employment rate, consumer demand, political stability, international […]
Professional salaries in the UK are expected to increase by at least 3% in 2020 – following two years of pay freezes. With over half of UK professionals believing that their pay is not an accurate reflection of the work they do – news of salary increases above 2020 inflation rates (1.94%) will be warmly […]
Create Homes (Land & Property) Ltd, in partnership with marketplace lender Asstez Capital, has secured a £4.1m development loan to fund the acquisition and construction of a new residential site in Pilling, Lancashire. The housebuilder is part of the residential arm of the Create Construction Group. The North-West based commercial and residential developer was founded […]
