UK impact neobank Novus has been accepted into an ongoing initiative created by the Financial Conduct Authority (FCA) in a bid to continue developing innovative products and services that will aid the transition to a net-zero economy. After being assessed against a range of eligibility criteria including genuine innovation, consumer benefit and need for support, […]
Mortgage applications for self-employed clients and contractors are the most problematic, according to research by broker forum, cherryplc.co.uk. A survey on the popular broker forum has revealed that 24% of brokers think mortgages for self-employed and contractor clients are the hardest to place, closely followed by clients with adverse credit. Just under one in five […]
A landmark study* of more than two million UK businesses from GoDaddy Inc. [NYSE: GDDY], the company that empowers everyday entrepreneurs, reveals how the make-up of British microbusiness owners has changed since the start of the pandemic and their importance to local economics. A new breed of entrepreneur emerges The release of Venture Forward data […]
The Manchester office of national accountancy group, UHY Hacker Young, has appointed Simon Denye as tax partner, as they continue to grow in 2022. Simon has 25 years’ experience as a tax adviser, including three years at PricewaterhouseCoopers and seven at KPMG. He is an expert at working with owner managed businesses, having held senior […]
Established in 1908 and headquartered in Clerkenwell, London, Wagstaff Bros. is the UK’s leading independent commercial office furniture and fit-out provider with a £68m turnover. The £9.5m funding package, comprised of receivables financing and a cash flow loan, not only contributed towards the deal consideration, but will also generate additional working capital to enable growth, […]
Prices have risen sharply over the last few months and according to the Think Tank, The Resolution Foundation, a typical household will see its income fall by about £1000 this year. Many will begin to feel a pinch from April when the energy price cap jumps, and National Insurance contributions rise. In addition, as nations […]
Playter, a London-based growth platform that helps startups scale quicker with buy now, pay later (BNPL) invoicing, has today announced the closing of $1.7m in seed funding. The round was co-led by global investment firm Fin Capital and 1818 Ventures, with participation from award-winning venture capital RLC Ventures, and investment network Angels. The funding comes […]
NexGen Cloud, a Web 3.0 focused IaaS company, has announced a $14m investment to fast-track its growth plans and increase its storage capabilities. The investment has enabled the development of Europe’s largest decentralised storage project comprised of two large-scale Filecoin storage operations located in Belgium and The Netherlands, featuring Tier III data centres across both […]
United Trust Bank is funding a £30m mixed use residential and commercial development in Bermondsey, South London, by Featherstone Homes which will create 61 new apartments and 1600m2 of flexible ground and first floor commercial space. The development will comprise four new blocks of 5-9 storeys situated close to two mainline train stations within 5 […]
A fantastic opportunity has arisen to join one of the UK’s most innovative providers of Asset Based Lending solutions as a Senior Credit Analyst. This technical role requires a dedicated credit specialist to work closely with the Risk & Compliance Team to support and manage the credit underwriting process for new deal opportunities. You will […]
