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Placing further financial strain on businesses will cause widespread damage to the UK economy, warns Time Finance, as the Bank of England announces its sharpest increase in interest rates in 25 years in a bid to combat rising inflation.The caution...
#Ed Rimmer#inflation#interest rate
High inflation is the number one biggest challenge facing small and medium sized businesses (SMEs) in the next 12 months…
#Douglas Grant#inflation#interest rates
Lloyds Bank has signed a five-year commercial agreement with Satago (majority owned by TruFin) to use Satago’s software platform for…
#Lloyds Bank
Santander UK has provided a multi-million-pound funding package to Malvern-based Lucart Hygiene to support its growth in the ‘away from…
#bank#Flexible Funding#invoice
Italy’s recourse factoring sector is set to benefit from a new loan guarantee scheme (LGS) that has been approved by…
#recourse factoring#supply chain finance
SME funder Bibby Financial Services (BFS) has appointed the former director of payments at NatWest Marion King as board member…
#Corporate appointments#NatWest
Fintech challenger bank Allica Bank has appointed Ian Flaxman to the newly created role of head of growth finance.With 30…
#Allica Bank#Corporate appointments#working capital
Luiza Buserska, Corporate Communications Executive at CODIX explains why it is increasingly clear that financial institutions need to urgently augment…
#CODIX#digitisation#ESG
Bibby Financial Services (BFS) has increased its funding support for MPL Home – a multi-disciplined business supplying goods such as…
#financial services#funding#invoice
German operator Deutsche Telekom and Commerzbank have partnered to develop digital supply chain systems with integrated financial services which use…
#Commerzbank#digitalisation#supply chain finance
Channel, an alternative investment fund manager, is launching its new fintech branch, Channel Digital Europe based in the Netherlands. The…
#channel
The British Business Bank (BBB) announced on Wednesday that a successor to the Recovery Loan Scheme (RLS) will be opening…
#bank#British business#invoice
Mark Hutchings has joined Crystal Specialist Finance as head of strategy and group products. Hutchings joins from Berkeley Alexander Insurance…
#Corporate appointments