The Federation of Small Businesses (FSB) is urging the Financial Conduct Authority (FCA) to provide more protection for small business owners who use personal assets as collateral for commercial loans. At present only the smallest firms can currently make a complaint to the Financial Ombudsman (FOS). The FCA is proposing to widen the definition of…

The board of Hampshire Trust Bank plc have announces the appointment of Matthew Wyles as the Bank’s new Chief Executive Officer subject to regulatory approval. Wyles will join Hampshire Trust Bank with immediate effect as CEO (Designate). This follows the announcement late last year that Mark Sismey-Durrant, who has been CEO since 2012, had decided…

The ICAEW has announced success with accountancy exams with students once again scoring top marks in their  March 2018 ACA Professional Level exams and Level 4 Accounting Technician apprenticeship end-point assessments. Students scored high in all ACA exams, with Business Strategy and Technology seeing the highest pass rate (88.2%), closely followed by Financial Accounting and…

Online lender Spotcap today opened the Fintech Fellowship to applicants. The programme offers an £8k award to a postgraduate student studying a fintech related course at a UK university. Applications will be open for four months and close on the 1  August 2018. The fellowship launched last year to raise awareness of the fintech talent…

Zopa has announced a governance restructure in advance of launching its next-generation bank. The re-structure will establish separate boards for the Zopa P2P business, proposed bank (subject to banking licence approval) and Group in order to facilitate the increasing scale of the business, ensure good corporate governance and protect the interests of its customers. The…

ThinCats, the alternative funding specialist, has announced a senior hire to cover the North West region. Richard Lamb joins ThinCats to lead new business origination throughout the North West, after nearly a decade as Relationship Director at NatWest, and having been in corporate banking since 1992.  He joins the company’s growing team of experienced bankers who…

Shire Leasing has announced structural changes to their leadership team. Mark Picken is to move to CEO with Helen Lumb taking the CFO role and Malcolm Workman to be COO. This new structure will see the various business disciplines report through Lumb and Workman and provide a broader management spread and greater focus on the…

Insolvency accountancy firm Thomas Westcott has appointed Jon Mitchell as a new Partner. Mitchell was recruited in 2015 as a director to launch and head our business recovery and insolvency service. Thomas Westcott’s chairman, Richard Thomas, said “Jon has performed superbly since he joined us, launching and growing our business recovery and insolvency service and…

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies: (E) EXCLUSIVE LTD 100% VEGAN LTD 191 CIVIL ENGINEERING LTD 1EASYCALL LTD 1ST 4 CONSTRUCTION LTD 1ST CITY MOVE LTD 1ST DRYWALL SOLUTIONS LTD 21 SPICES LTD 3 NATIONAL SECURITY LTD 3E PEOPLE PERFORMANCE LTD 3J WHOLESALE…

Almost one year on since the introduction of the Apprenticeship Levy, only 14% of business leaders who pay it think it is fit for purpose, a new poll by the Institute of Directors reveals today. As it stands, fewer than one in five will use Levy contributions to take on more apprentices than otherwise. The…

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