News for: Finance

The British Business Bank, the UK government's economic development bank, has appointed Dr Sophie Dale-Black as a director leading the bank's UK Network team in the North and Midlands of England. The appointment will add to the Sheffield-headquartered bank's presence in the region, with … [Read more...]

Stockport-headquartered re-commerce business, musicMagpie, has reported continued growth in its pre-close trading update for the six months to 31 May 2021, thanks to increased consumer adoption of recycling and reuse of items. The group's financial performance has been in-line with management … [Read more...]

The British Business Banks regional funds in the North and Midlands of England, the Northern Powerhouse Investment Fund (NPIF) and the Midlands Engine Investment Fund (MEIF), have enabled £50 million of investment to help businesses reduce their carbon emissions. Both the NPIF and MEIF have … [Read more...]

Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme, HM Revenue and Customs (HMRC) has confirmed. The online portal for the new payment scheme closes on 21 June 2021. Over half a million … [Read more...]

Cheadle-based specialist lender, Together, has announced the appointment a new Commercial Finance Chief Operating Officer. Darren Clarke, who boasts over three decades of financial services experience has joined the Cheadle lender from challenger bank, Redwood Bank, where he worked as Director of … [Read more...]

As the coronavirus pandemic continues to restrict international travel, Manchester Airports Group (MAG) has sought approval from bondholders to waive any penalties on almost £2 billion of bonds and credit facilities. MAG believes that it risks breaching financial covenants on up £1.46 billion in … [Read more...]

GC Business Growth Hub is hosting a live webinar to explain how SMEs can make use of the recently announced Super Deduction tax support. The ‘super deduction’ allows companies to cut their tax bill by up to 25p for every £1 they invest. In a webinar titled, ‘Super Deduction – How it impacts your … [Read more...]

Cheadle-based specialist lender, Together, has announced it has cut interest rates on its second charge products in a bid to help borrowers 'locked out' by mainstream lenders. Together's new Prime Plus second charge mortgage has been launched at a rate of 4.29% for capital repayment and to 4.79% … [Read more...]