Cheadle based non-bank property lender, Together, has announced the launch its first securitisation facility for property development lending. The £150 million ADALO Asset Backed Securitisation will support development customers in helping to achieve UK government target for building new homes. … [Read more...]
News for: Finance
Start Up Loans provide £16.1 million boost to North West entrepreneurs over 50
Entrepreneurs aged 50 and over have secured more than £140 million in Start Up Loans from the British Business Bank since 2012, with more than £16.1 million going to those based in the North West. The programme has supported 13,422 loans, at an average of £10,427. In the North West, 1,549 Start … [Read more...]
Handelsbanken reveals scale of gender wealth gap in new report
Women in the UK are considerably worse off than their male counterparts, according to new research into the gender wealth gap by Handelsbanken Wealth & Asset Management. Handelsbanken Wealth & Asset Management’s report, ‘Gender and generation: unravelling the wealth gap’, has been … [Read more...]
Chancellor announces range of tax changes in 2024 Budget
Chancellor of the Exchequer, Jeremy Hunt, presented his 2024 Budget to the House of Commons on Wednesday 6th March. Addressing the fellow MPs, the Chancellor outlined improvements made in the economy since taking office in 2022, including a slowing in the rate of inflation from 11% to 4%, but … [Read more...]
North-west business leaders react to 2024 Budget
Following the Chancellor's 2024 Budget announcement on 6th March, business and political leaders from across the North-west and nationwide have shared their reaction to its contents. While many individual measures have been welcomed, the business community has had a mixed reaction to the Budget … [Read more...]
Stockport Council details budget for 2024/25
Stockport Council has set out how it plans to spend its £788 million budget during the financial year 2024/25 on the provision of a wide range of services to Stockport residents. Spending includes £264 million for schools which will be met by dedicated government grants, and £65 million on the … [Read more...]
Australian pension fund plans further £8 billion investment in UK by 2030
Australian Super, the country's largest pension fund, is expected to invest an additional £8 billion and take its total investment in the UK to £18 billion by 2030. AustralianSuper currently has around £8 billion already invested in the UK, and holds a further £2.5 billion in UK-listed equities, … [Read more...]
£360 million investment announced for manufacturing and life sciences sectors
The Chancellor has announced a £360 million investment package into the UK's life sciences and manufacturing sectors ahead of the Spring Budget. Funding will go to support organisations and projects delivering technological advances in areas that are key to economic growth, such as health … [Read more...]
EY forecasts widening economic gap between UK regions
Big four accountancy firm, EY, has forecast a return to steady economic growth through 2024 to 2027, but expects the gap between UK regions and London and the South East to widen. In the February EY UK Regional Economic Forecast, the UK overall is expected to see annual average growth of 1.9% … [Read more...]
British Business Bank reveals fall in SME equity investment activity in the North West
North West SMEs completed 88 equity deals in Q1-Q3 2023, a 27% decrease compared to the equivalent period in 2022, according to a report from the British Business Bank. The fall in the number of deals comes alongside a 64% fall in total investment, down to £175.3 million in the same period. The … [Read more...]
Metro Mayors call for extension to cost-of-living support in Budget amid financial strain for councils
City-region mayors from across the UK, including Greater Manchester Mayor Andy Burnham, have called on the government to extend the Household Support Fund and allow local authorities to continue to support residents with the high cost-of-living ahead of the March Budget. In a joint letter to the … [Read more...]
Together announces strong quarterly profits, further loan book growth
Cheadle-headquartered property lender, Together, has posted a profit of £47.7 million in the quarter to December 31st, as its loan book increased to £6.8 billion. The financial group, which was founded 50 years ago has become one of the leading UK’s non-bank lenders, announced average monthly … [Read more...]
- « Previous Page
- 1
- …
- 12
- 13
- 14
- 15
- 16
- …
- 148
- Next Page »