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King Charles III banknotes to enter circulation from June 2024

Banknotes carrying a portrait of King Charles III will enter circulation from June 2024, the Bank of England has confirmed. From 5th June 2024, banknotes with a portrait of the King will appear on the £5, £10, £20, and £50 notes. No other changes to the design will be made. Polymer banknotes … [Read more...]

HMRC warns Self Assessment taxpayers of rising scam reports

Self Assessment taxpayers are being minded to be wary of bogus tax refund offers following a rise in the number of scams and 'suspicious contacts' reported to HMRC. With more than 11.5 million UK taxpayers filing a Self Assessment return and paying any tax owed ahead of the 31st January … [Read more...]

UK economy entered recession in second half of 2023

The UK economy entered a technical recession in second half of 2023, after recording two consecutive quarters of negative growth, the Office of National Statistics (ONS) has confirmed. The latest Gross Domestic Product (GDP) figures from the ONS reveal the UK economy contracted by 0.3% in the … [Read more...]

Handelsbanken yields record UK annual results

Local relationship bank Handelsbanken has reported its best ever UK annual results, despite a challenging economic backdrop both at home and abroad. Handelsbanken’s relationship-driven model and emphasis on customer satisfaction has proved resilient, with the bank posting its highest ever income, … [Read more...]

Together CEO Designate announces resignation

CEO Designate, Gerald Grimes, has announced his resignation from Cheadle-based lender, Together, after four years leading the business alongside Founder and Group CEO, Henry Moser. Grimes will step down from his role in Spring 2024 to pursue other personal ambitions. Together has also confirmed … [Read more...]

Together opens the door to new advertising campaign

Cheadle-based property lender, Together, has launched a new advertising campaign to mark its 50th year, including the business' first TV ad. The above-the-line campaign, titled ‘Opening Doors since 1974’, aims to raise awareness of how the company helps its customers realise their property … [Read more...]

Vernon Building Society celebrates turning 100

Stockport's Vernon Building Society is celebrating 100 years of service with the launch of a new £100,000 Charitable Foundation. The Stockport mutual was founded on March 27th, 1924, and is the only one of the town's 12 building societies to have withstood the challenges of the subsequent … [Read more...]

Together welcomes new roving underwriters

Stockport-based property lender, Together, has announced the appointment of two new roving underwriters, Chris Evans and Emma Ogilvie, to its intermediary sales team. Chris will be taking up the role of head of roving underwriters, managing the team of commercial rovers, whilst continuing to … [Read more...]

Growth capital investor shares 2023 North West successes

Small and medium-sized enterprises (SMEs) in the North West were supported in 2023 with over £55 million of investment from growth capital investor, BGF. BGF also revealed that business exits in the North West generated a combined Money Multiple of 2.7x in 2023. In total, the firm invested more … [Read more...]