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You are here: Home / Archives for Finance

News for: Finance

Financial services UK export success

February 3, 2026

UK banks agree £11 billion lending packages to support SMEs to expand overseas

Five major UK banks have finalised an agreement with UK Export Finance (UKEF) to support SMEs to invest and expand abroad through an £11 billion lending commitment. The lending commitment, from the UK’s five leading banks, is one of the largest collective moves by the banking sector in over a … [Read more...]

Philip Ryan, Together corporate sales director for the Midlands (Photo by Jason Mitchell)

January 29, 2026

Together welcomes corporate sales director in the Midlands

Together has appointed a corporate finance and banking expert in the Midlands as the property lender expands its presence to new clients across the UK. Philip Ryan, who has nearly two decades’ experience working in financial services, has been appointed corporate sales director for the East and … [Read more...]

Small Business Commissioner, Emma Jones (Photo courtesy of the Office of Small Business Commissioner)

January 8, 2026

Office of the Small Business Commissioner recovers £10 million in late payments

£10 million in late payments has been paid to small businesses following intervention by the Office of the Small Business Commissioner (OSBC) since it was established in 2017. UK Government research has shown late payments cost the UK economy £11 billion per year with 4,000 businesses closing … [Read more...]

Cheadle lender Together to create 100 new jobs

January 8, 2026

Together announces further enhancements to funding structure

Cheadle-based property lender, Together, has announced it has enhanced two of its securitisation facilities as it continues to strengthen its funding structure. The firm's £725 million Highfield Asset Backed Securitisation 1 Limited (HABS) warehouse facility has been refinanced onto more … [Read more...]

HMRC Advice

January 7, 2026

More than 5.6 million still to file Self Assessment tax return

While 6.36 million headed into 2026 with their tax affairs in order, more than 5.6 million people still need to file their Self Assessment tax return before the 31st January deadline. For those still to file, those who miss the deadline could face an initial late filing penalty of £100 on top … [Read more...]

Claims management company faces FCA investigation. Photo by Petr Machá?ek via Unsplash

January 5, 2026

Claims management company faces FCA investigation

SK-area claims management company, The Claims Protection Agency Ltd., is under investigation by the Financial Conduct Authority (FCA) following concerns over its advertising and sales tactics in regard to motor finance claims. The business, which has traded under names including My Claim Group, … [Read more...]

Inflation holds at 4% despite energy price cap rise

December 18, 2025

Bank of England announces cut to interest rates

The Bank of England has announced it has cut its base interest rates to 3.75%, bringing interest rates to their lowest level since early 2023. Economists on the Bank's Monetary Policy Committee (MPC), which is responsible for setting interest rates, voted 5-4 in favour of the cut, with the … [Read more...]

HMRC Advice

December 17, 2025

4,800 Self Assessment scams reported ahead of 31st January deadline

More than 4,800 Self Assessment scams have been reported since February 2025, HMRC is warning ahead of the upcoming filing deadline on 31st January 2026. Beyond Self Assessment-related scams, the UK's tax authority has received reports from customers of more than 135,500 HMRC-related scams in the … [Read more...]

British Business Investments commits £50 million to fund supporting small business in the North

December 12, 2025

Fund manager celebrates £175 million in investment in North West businesses

Fund manager, FW Capital has achieved a major milestone of delivering £175 million in investment into 530 companies across the North West since its inception in 2010. The funding has been provided by three delivered funds - The North West Fund for Loans, The North West Fund for Mezzanine Loans … [Read more...]

Cheadle lender Together to create 100 new jobs

December 5, 2025

Together strengthens funding programme with launch of £200 million facility

Cheadle-based specialist property lender, Together, has announced the successful closing of its £200 million Genesis Asset-Backed Securitisation (GABS) facility. The GABS facility is a revolving private warehouse securitisation maturing in December 2029. It is a tailored facility backed by a … [Read more...]

November 27, 2025

Chancellor delivers 2025 Budget

Chancellor of the Exchequer, Rachel Reeves, delivered her much anticipated 2025 Budget yesterday (26th November), detailing how she intends to balance the deficit while continuing to invest in public services and drive growth. While a number of tax increases were anticipated, some 'big ticket' … [Read more...]

Cheadle lender Together to create 100 new jobs

November 21, 2025

Together loan book reaches £8 billion

Cheadle-based property lender, Together, has revealed its loan book has topped £8 billion in its quarterly results for the three months to 30th September 2025. The lender's quarterly results revealed average monthly lending rose to £270.6 million, up 0.5% on the same period last year, and up 6.6% … [Read more...]

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