London-based specialist lender Simply Asset Finance has reached a significant milestone, posting a record annual revenue of £52.3 million for the fiscal year 2023, marking a remarkable 37% increase from the previous year. This achievement underscores the growing trend of small and medium-sized enterprises (SMEs) seeking alternative financing options over traditional big banks. Despite challenges, […]
Former Chancellor Nadhim Zahawi has confirmed to the BBC that he paid nearly £5 million to authorities to settle his tax affairs. The settlement was related to an investigation by HMRC into the allocation of shares in YouGov, a polling company he had founded before becoming an MP. Mr. Zahawi expressed regret for not being […]
Lidl has raised its basic wages to match those of its competitor Aldi in a bid to attract and retain staff. The supermarket’s new hourly rates of £12.40 for workers outside greater London and £13.65 for those within the M25 motorway now align with Aldi’s pay scale. This move positions both German discount chains ahead […]
Gillian Keegan, the Education Secretary, has voiced concern over a noticeable surge in children skipping school on Fridays, attributing the trend to parents who work from home. Keegan highlighted a significant rise of 50,000 more pupils absent from schools towards the end of the week compared to Mondays, posing significant challenges for educational institutions. Parents […]
There may be few certainties in life, but when it comes to the marketing world, there are several hard facts that account for why it is really, really tough to go from being a small business to a large one. Some of these issues are simply a byproduct of how our economy works, while others […]
NatWest Group has announced today that it has now lent over £1.5bn to female-led businesses since 2021, and is on track to exceed its target to lend £2bn by the end of 2025. This is a faster pace than expected, and shows the appetite of successful, women owned businesses to scale. Regionally, women in the […]
People facing barriers to employment will benefit from over £9.5 million to help them get the skills they need to secure well-paid work. Fresh from her re-election as the Mayor of West Yorkshire, Tracy Brabin has announced the £10 million package to “make life easier for those who find it the hardest”. This funding will […]
The brand behind the world’s largest online shopping community has today called out Google for anti-competitive behaviour after they unfairly penalised news site revenue streams. Global Savings Group, the company behind household money-saving brands such as hotukdeals, Pepper and Pouch and that also power the voucher portals for the likes of Daily Mail, Metro, and […]
The government’s impending sale of its remaining stake in Natwest has raised concerns, with the chief of a FTSE 250 wealth manager cautioning against potential risks associated with a surge in retail investor exposure to a single stock. Steven Levin, CEO of London-listed money manager Quilter, criticised the government’s strategy, describing the sale of Natwest […]
Allied Global Engineering is a multinational engineering group with ambitious plans to unify long-standing engineering businesses in the UK. The recent implementation of MRPeasy in one of their recently acquired subsidiaries is setting the stage for sustainable growth and increased efficiency. Celebrating the legacy of UK’s precision engineering EGL Vaughan is a CNC milling and […]