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You are here: Home / Archives for Finance

News for: Finance

Cheadle lender Together to create 100 new jobs

September 19, 2024

Together posts £200 million profits as loan book swells to £7.4 billion

Property finance group Together, one of the largest UK non-bank lenders, has announced underlying profits before tax of £200.9 million. The finance company, based in Cheadle, has today (Thursday, September 19th) published its annual results for the year to June 30th 2024. The group’s loan book … [Read more...]

Inflation holds at 4% despite energy price cap rise

September 18, 2024

Inflation holds at 2.2% in August

Latest inflation data from the Office of National Statistics (ONS) has found that prices rose 2.2% over the 12 months to August 2024, the same rate as recorded the previous month. The latest Consumer Price Index (CPI) data from the ONS sees inflation remain slightly above the Bank of England's 2% … [Read more...]

Stockport County renews partnership with Together

September 17, 2024

Stockport County renews partnership with Together

Stockport County is pleased to announce the renewal of its partnership with Cheadle-based finance company Together. The specialist lender's agreement with the club now extends into its fourth year, and will see the South Stand at Edgeley Park continue to be known as the ‘Together Family Stand,’ … [Read more...]

September 16, 2024

New rules for banks aim to promote investment in UK economy

The Prudential Regulation Authority (PRA) has proposed new rules for banks and building societies to ensure competitiveness in the financial system and promote investment in the UK economy. Proposed reforms are part of the internationally agreed Basel 3 framework and will mark an end to capital … [Read more...]

Cheadle lender Together to create 100 new jobs

September 12, 2024

Together announces appointment of new CEO

Cheadle-based non-bank lender, Together, has announced the appointment of Richard Rowntree as CEO and Executive Director, effective from early 2025. Richard joins from Paragon Bank, where he was Managing Director of the Mortgages division. He brings over 30 years of experience in banking, having … [Read more...]

The new look Vernon Building Society in Stockport

September 10, 2024

North West apathy leading to loss in savings warns Vernon Building Society

North West adults are diligently saving around £219 per month on average, but apathy towards finding the best savings account means they’re losing out financially warns North West mutual, Vernon Building Society. It would take just minutes for savers to compare the interest rate on their savings … [Read more...]

Cheadle lender Together to create 100 new jobs

September 9, 2024

Together prices its third residential mortgage backed securitisation in 2024

Cheadle-based specialist property lender, Together, has announced the successful pricing of a £445 million residential mortgage backed securitisation. The pricing of its 1st charge only TABS12 securitisation is the lender's third of 2024, and is supported by a portfolio of owner-occupied and … [Read more...]

Yellow Bee Network double decker bus at Stockport Interchange (Courtesy TfGM)

September 6, 2024

TfGM partners with Greater Manchester credit unions on annual Bee Network tickets

Mayor of Greater Manchester, Andy Burnham, has confirmed plans for a new annual bus pass that will cut the cost of travel in the city region through a partnership between Transport for Greater Manchester (TfGM) credit unions in the city-region. TfGM is working with Greater Manchester Credit … [Read more...]

Together teams take on Race Around the World for Charity

August 27, 2024

Together colleagues complete Race Around the World challenge for Charity

Four teams of colleagues from Cheadle-based lender, Together, have secured over £30,000 for charity by completing a Race Around the World challenge and travelling from London to Albania. Four teams of two made it to the start line as part of Together’s inaugural Race Around the World in aid of … [Read more...]

Together teams take on Race Around the World for Charity

August 23, 2024

Together teams take on Race Around the World for Charity

After much deliberation, four teams of two made it to the start line as part of Together’s inaugural Race Around the World in aid of local good causes. Rigorous rules ensured each of the four teams met the demanding criteria, including raising a minimum of £1500 each for their nominated … [Read more...]

Cheadle lender Together to create 100 new jobs

August 22, 2024

Together upsizes bridging facility to £600 million

Cheadle based specialist lender and mortgage provider, Together, has announced it has increased its facility for unregulated bridging lending to £600 million. The Delta Asset Backed Securitisation 2 Limited facility (DABS), was originally launched as a £90 million facility in 2017 before being … [Read more...]

Government plans amendments to retained EU employment legislation

August 20, 2024

Young people to change careers 50% more than their parents’ generation, finds Handelsbanken

Young adults aged between 18-34 expect to have an average of three different careers over their lifetime with a five-year pension holiday, according to a new study commissioned by Handelsbanken Wealth & Asset Management. The research underlines how work and pension expectations differ … [Read more...]

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