Category: News

Jun 9

Wrightbus secures £50 million UKEF financing to turbocharge green exports

A guarantee from UK Export Finance (UKEF) has provided Northern Ireland-based bus manufacturer Wrightbus with £50 million in financing to support its ambitious exporting strategy. This Export Development Guarantee sees the UK’s export credit agency guarantee 80 percent of the loan from Barclays Bank. This financing builds on previous government support announced last year, helping […]
Jun 9

Banks called upon to support SMEs international expansion, as 70% abandon overseas plans

Banks need better cooperation with SMEs to grow the economy as 70 per cent ofbusinesses have abandoned overseas expansion plans due to a lack of resources and support, according to industry experts at Money 20/20. Almost three quarters of business owners feel their banks provide ‘very limited’ support around international finances, revealed the SME Empowerment […]
Jun 8

HMRC spends over £90m on remote working technology

HM Revenue and Customs (HMRC) has spent over £90m on remote working technologies in the last three financial years, according to official figures. The data, obtained using Freedom of Information (FOI) legislation by the Parliament Street think tank, revealed that the taxman spent a total of £90,566,908 purchasing 187,427 devices, which include laptops, mobiles, tablet […]
Jun 7

Female entrepreneurs to add £250b to the economy with equal access to funding and support 

Female entrepreneurs could add £250 billion to the UK economy with equal access to funding and right support, according to the Business and Trade Secretary and Minister for Women and Equalities, Kemi Badenoch. This comes following the Government’s publishing of the third annual Investing in Women Code (IWC) report, revealing that the significant progress made in breaking down […]