Property Backseat drivers

With the data now coming thick and fast, the shape of the mini-boom is becoming ever clearer. Under the circumstances, it’s not surprising it’s a little unusual. Traditionally, it’s first time buyers that drive the market, but not this time. This time the market is being driven by buyers of three and four bed houses,
Read More

It’s an interesting thought: is it really possible to characterise an entire profession, one which plays such a crucial role in the performance and strategy of businesses in the UK today?

A deeper understanding of the characteristics and skills involved in the role of finance director can help CEOs and recruiters when filling those positions, and can also be hugely beneficial to finance directors themselves. It can highlight areas they may want to develop, help them realise their own strengths and give them the opportunity to
Read More

Economic update reveals new schemes to support employment in the UK

The latest Economic Update Statement from Rishi Sunak today has detailed a new scheme to replace furlough, as well as further funding and cash flow support for UK businesses. Unveiling the latest plans, Mr. Sunak spoke of the importance of creating new opportunities that would translate to viable, secure jobs and allow the economy to
Read More

Chancellor unveils Winter Economy Plan

Chancellor Rishi Sunak has announced new measures to support the economy following the implementation of further COVID-19 restrictions. The ‘Winter Economy Plan’ replaces the planned Autumn Budget, which has now been delayed until next year. The plan shares the below key measures, the full plan can be found below also. CBILS extension The Chancellor announced
Read More

Loan schemes provide over £50bn, but is it a long term solution?

Loan schemes put in place at the beginning of the Covid-19 pandemic have seen more than 1.23 million British businesses borrow over £50 bn. The end dates for the loan schemes are getting closer, and business will need to act fast if they are still hoping to secure funding through the Corona virus Business Interruption
Read More

10 ways to make your business more attractive to lenders

In this uncertain economic climate, many businesses may think that they’re unlikely to be approved for funding outside of the much-publicised government-backed loans. However, other forms of finance are still available, and although some lenders may be more cautious than in previous years, there are some broad steps you can take to improve your chances
Read More

Property Booming is on!

The mini-boom continues unabated. Rightmove reports August was the busiest month in ten years, with the highest number of sales agreed in a calendar month since they first started tracking the data ten years ago. There were 20% more deals agreed than during the previous high (March 2017) and the sales topped £37 billion (another
Read More

What cash flow challenges lie in store as covid-19 restrictions ease?

For many businesses, cash flow will have been severely depleted by the struggle of getting through the first few months of lockdown, with little or no new revenue coming in. Government support initiatives such as the Job Retention Scheme, the ability to defer VAT payments and the various loan schemes will have gone some way
Read More

Lack of EU trade deal an enormous concern for UK businesses

Despite a recent escalation in talks between the UK and EU ahead of the deadline on 31 December 2020, both parties have admitted UK & EU are still increasing the prospect of a ‘no deal’. Of the businesses we polled in July, 62% are concerned that no deal has yet been reached. But the impact
Read More

3 dos and don’ts when searching for funding

Making the decision to try something new can be daunting, especially where money is concerned. But as the market evolves it’s becoming increasingly important to have an open mind. When looking at the options available to you it’s important to know what you’re trying to achieve. Are you looking to expand? Do you want to
Read More