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Stockport lender winner at Credit Strategy Awards

STOCKPORT lender, Savvy.co.uk, has been named as the UK’s Best Responsible Lender at this year’s Credit Strategy Awards. The lender beat off stiff competition from the likes of Amigo Loans, Barclays Partner Finance and Homestyle Nationwide to take top honours at the event, which was held at the … [Read more...]

UK: LendingCrowd Launches £18.75 million fund for UK SMEs

Fintech funding platform LendingCrowd has brought together the government-backed Scottish Investment Bank (SIB) and Dutch entrepreneurial bank NIBC to form a unique funding deal to assist SMEs with growth. NIBC and SIB have agreed to lend a combined £18.75 million across LendingCrowd’s platform … [Read more...]

Handelsbanken sponsor Knutsford Races Spring meeting

Handelsbanken Stockport and Handelsbanken Wilmslow saddled up to jointly sponsor Knutsford Races Spring 2019 meeting. Tabley House was the perfect setting for the 2019 Knutsford Races - Point to Point event - attracting 000s of spectators and featuring horses and riders from Hunts across the … [Read more...]

UK: Economy Grows in Q1 of 2019

According to the latest figures released by the Office for National Statistics, UK gross domestic product (GDP)* in volume terms was estimated to have increased by 0.5% in Quarter 1 (Jan to Mar) 2019 having slowed to 0.2% growth in the previous quarter. The 0.5% growth is in line with the latest … [Read more...]

MAG secures £350m in UK bond market

MAG, the UK’s leading airport group, has successfully raised £350m in the UK capital markets through the issuance of a 25 year bond, at a competitive interest rate coupon of 2.875%. MAG has disclosed that the order book for the bond was 4 times oversubscribed, totalling c.£1.4bn. MAG plans to use … [Read more...]

UK: Increase in numbers paid less than the National Living Wage

A new report published by the Low Pay Commission - LPC - has found that in April 2018 439,000 people were paid less than the minimum hourly national living wage they are entitled to. Of these, 369,000 were workers aged 25 and over paid less than the National Living Wage (NLW): this equates to 23% … [Read more...]

“Fintech Critical for the Future of the Region’s Economy”

The future of Manchester and the North’s economy will be heavily reliant on FinTech, according to the Director of the Northern Powerhouse Partnership, Henri Murison. Mr Murison, who was addressing delegates at last week's Fintech North conference, said it's status as a world leader in financial … [Read more...]

Cheshire Life: Stockport – Boom Town

Stockport is the town with bags of potential, according to the latest edition of Cheshire Life which looks at the positive changes taking place across Stockport and its more vibrant town centre. "Stockport is on the road to success and has the fastest growing economy in the region" The … [Read more...]

Expert Opinion: New tax year checklist

The new tax year began on 6 April having a number of implications for tax reliefs and allowances. Any allowances that you used up in full during 2018/19 have now been reset and you can begin using them again. But what if you did not use them in their entirety? Stockport based Prest … [Read more...]

Over 300 LAs Bid for share of Future High Street Fund

Stockport, along with more than 300 local authorities across the country, have bid for a share of the £675 million Future High Street Fund to transform their local high streets, into modern vibrant community hubs making them fit for the future. The positive response to the Future High Street Fund … [Read more...]