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Europe

Ares cuts €1bn private-credit vehicle to €400m after valuation...

Ares Management has reportedly cut the planned size of a European private-credit continuation vehicle from around €1bn to approximately €400m after prospective investors pushed for deeper discounts on the loans being transferred. The Financial Times reported that the assets came...

#Ares#continuation vehicles#credit secondaries

UK exporter costs rise as conflict strains supply chains

Almost four in 10 UK exporters reported higher costs in June as concern over international conflict, shipping disruption and energy…

#Ebury#energy prices#exporting costs


Metro Bank adds £1bn of business lending as commercial...

Metro Bank increased its commercial lending book by 30% year on year to £4.02bn after providing £1bn of new gross…

#balance-sheet rotation#business finance#commercial lending


UK factories hit near two-year output high, but stockpiling...

UK manufacturers increased production at the fastest rate in almost two years during July, although precautionary inventory building and renewed…

#CIPS#energy costs#export orders


UK banks face £30m call to fund firms mainstream...

Barclays, HSBC and Santander have been challenged to invest a combined £30m in community lenders that provide finance to small…

#Barclays#CDFIs#community finance


UK business failures fall 6% but start-up appetite weakens

UK insolvency-related activity fell during the second quarter of 2026, but a parallel decline in company formations points to continuing…

#business failures#Cash flow#company formations


Creditinfo and Equifax take Kount fraud controls across 10...

Creditinfo Group and Equifax UK have formed a partnership to provide digital fraud-detection capabilities to Creditinfo clients in 10 European…

#account takeover#credit risk#Creditinfo


Lloyds puts tokenised deposits into live cross-border payment tests

Lloyds Banking Group has completed three live tokenised deposit transactions under Project Agorá, advancing the banking industry’s effort to test…

#Bank for International Settlements#cross-border payments#foreign exchange


Bank of England holds at 3.75% as three policymakers...

The Bank of England has held Bank Rate at 3.75%, but a widening split among policymakers has increased the risk…

#Bank of England#Bank Rate#Business lending


LS Manufacturing targets £4m after £400k invoice-finance growth bridge

British clothing producer LS Manufacturing is on course to increase annual turnover from £3m to £4m after using a £400,000…

#Cash flow#export growth#invoice finance


Lloyds pledges over £45bn to SMEs as it doubles...

Lloyds Banking Group plans to provide more than £45bn of new finance directly to small and medium-sized businesses between 2027…

#Accelerate 2030#business banking#digital banking


Europe’s heatwave turns crop losses into a working-capital test

Severe heat and drought across Europe are placing pressure on grain output, creating a potential working-capital squeeze for farmers, food…

#agricultural commodities#barley#commodity finance

iwoca lands £250m funding line as demand for larger...

UK small-business lender iwoca has secured a new £250m debt facility from an unnamed leading UK bank and Waterfall Asset…

#alternative finance#Business lending#iwoca

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