New research from FreeAgent conducted on 2000 self employed people in the UK, today reveals that more than half (57%) don’t know what IR35 is. The sets of tax legislation encompassed by IR35, designed to combat tax avoidance by workers and the firms hiring them, is unknown to over half of the people most affected […]
As of the 25th November 2019, new SRA regulations allow solicitors to practice in unreserved matters using the title ‘solicitor’. Many solicitors have been providing legal services through unregulated and regulated practices for a number of years, but without official endorsement from the SRA. The new regulations also now state officially that professional indemnity insurance […]
Esme Loans, the SME digital lender backed by NatWest, has today achieved £100m of lending to UK SMEs. Esme started life in February 2017 in pilot, with the aim to provide end to end business loans to UK businesses in less than one hour, using a digital platform based on technology provided by Israeli fintech […]
Marketplace lender Assetz Capital has provided a £3.3m development loan to Artisan (UK) Developments to fund the construction of 14 commercial units in Bedfordshire. The loan is required to fund the project which will be suitable for a range of uses such as offices, clinics and research and development. Each unit is constructed to a […]
The Board of Banking Competition Remedies Ltd (BCR) has published the second update from Pool A recipients and first update from Pool B and D recipients, which provides a summary of performance against their public commitments. The public commitments updates indicate that mobilisation of the awardees is now moving into delivery. The updates of those […]
Family firms are still largely being handed down to sons rather than daughters, according to research conducted by Cynergy Bank. While women are better represented at board level, compared with non-family firms, they are frequently overlooked for leadership roles. Those who inherited their business did so mostly from their father or their grandfather with only […]
Bank lending to small and medium sized retailers in the UK has fallen 6% from £15.6bn* to £14.7bn since the Brexit vote in 2016, meanwhile large retailers have benefited from a sharp rise in bank lending, says accountants and business advisors, Moore. Over the same period that lending to SME retailers has been tumbling lending […]
SMEs in the UK and Ireland believe that people are the most important factor in their success, according the most recent Close Brothers Business Barometer survey. Considering what contributes to their business’ worth, nearly two fifths (38%) of SMEs say that their employees add the most value. Interestingly, this is true across all sectors and […]
The award winners were: Soft Asset Provider of the Year Investec Hard Asset Provider of the Year Aldermore Motor Finance Provider of the Year Blackhorse Factor and Invoice Discounter of the Year Bibby Unsecured Lender of the Year Funding Circle Short-Term lender of the Year Shawbrook Specialist Lender of the Year Lendinvest Most Innovative Lender […]
The latest Lloyds Bank Business Barometer shows: Overall business confidence increased three points to 9%. Economic optimism increased by nine points to 7% in November, the highest level of optimism seen since January. Firms’ concerns about the expected impact of the UK leaving the EU eased back further to -16%. The West Midlands remained the […]
