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The latest “Red Flag Alert” report from the independent business rescue and recovery specialist, Begbies Traynor, reveals a worrying surge in the number of businesses in the UK entering ‘critical’ financial distress in the final quarter of 2024. In Q4...
#British business#insolvencies
The FCA has found wholesale brokers need to enhance their systems, controls, risk awareness and training to guard against money…
#anti money laundering#FCA
SCOR, a leading global reinsurer, has announced the appointment of Henry Mummé-Young as Chief Underwriting Officer, SCOR UK, and Active…
#Managerial Appointment#scor#trade credit insurer
The Prudential Regulation Authority (PRA), in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in…
#Basel#PRA#regulation
Pulse Cashflow Finance have announced the appointment of Adrien Cruiziat (pictured) to the role of Business Development Manager with immediate…
#Adrien Cruiziat#Gary Davis#Pulse Cashflow Finance
TruFin is pleased to announce that Satago has formed a strategic partnership with DF Capital, a specialist bank providing working…
#DF Capital#Inventory finance#invoice discounting
British Business Investments has announced an initial £20m funding facility to Sprk Capital Limited (“Sprk”). The facility will provide capital…
#Adam Kelly#British Business Bank#British Business Investments
Commenting on UK inflation drop, James Burgess (pictured), Head of Commercial and insolvency expert at Atradius, says: “UK inflation unexpectedly…
#Atradius#insolvency#James Burgess
Skipton Business Finance has extended a £2.5m funding line to PEC Packaging Ltd to address challenges faced by the business…
#COVID-19#PEC Packaging#Skipton Business Finance
Commenting on the unexpected fall in UK inflation bringing mixed reactions, Douglas Grant, Group CEO of Manx Financial Group, said:…
#Douglas Grant#inflation#SME lending
Paragon Bank has announced the selection of Alfa, the creators of the Alfa Systems SaaS platform for asset finance providers,…
#Alfa#asset based lending#fintech
Specialist asset-based lender Ultimate Finance has reported a record-breaking year in 2024, with a loan book reaching £342m and an…
#asset based lending#factoring#Ultimate Finance
Novuna Business Cash Flow, a provider of cash flow finance solutions for UK SMEs and larger corporations, has announced a…
#Novuna Business Cash Flow#sme finance