Cynergy Bank has bolstered its executive team with two senior executive appointments aith Stefano Combi appointed as Chief Financial Officer and Paul Street appointed as Chief Risk Officer. Combhas over 27 years of Financial Services experience having advised Banks across the UK, Europe and globally on M&A, ECM and DCM transactions. He previously was a…
Read moreBusiness optimism in the UK reached a two-year low in January, according to analysis by BDO. The firm’s index measuring confidence across British manufacturing fell to 92.20 from 93.41 in December, marking the fourth consecutive month of decline and the lowest level since January 2023, a time marked by double-digit inflation and clear signs of…
Read moreOne in ten high net worth individuals (HNWIs) have cut their pension contributions over the past year in order to balance pressures on their day-to-day finances, according to the latest findings from UK wealth management firm Saltus. The report found that the vast majority (93%) said that the current economic environment has negatively impacted their lifestyle…
Read moreIn a new report, the Credit Services Association (CSA), the UK trade body for the debt collection and debt purchase sector, has called on the Government to improve its methods for collecting debts to help service users more effectively and boost collections revenues. The report praises the accomplishments of the Government Debt Management Function and…
Read moreSpring Finance has announced that it has completed the acquisition of Masthaven Finance. The acquisition will mean that the combined entity will trade as Masthaven Finance. Andrew Bloom Founder, majority shareholder and Chief Executive of Masthaven Group and Masthaven Bank from 2005 to 2020, when he sold his controlling stake and stepped down as Chief…
Read moreCompare the Market’s latest research has found that 79% of people are concerned that cold weather will drive up energy costs this winter. The research showed that nearly two-thirds (63%) are also rationing their energy usage by limiting essentials such as heating, lighting, and even the duration of baths or showers. A significant regional disparity…
Read moreA third of couples (31%) planning to marry in 2027 or beyond will use loans to fund their weddings according to new research by Pepper Money, This is a significant increase from 23% in 2019. This shift highlights the growing financial strain on engaged couples. They are also less likely to be able to rely solely…
Read moreIn January the following administration notices were issued and advertised in the London Gazette for the following companies: A.J. SIMS LIMITED ALTIS INDUSTRIES LIMITED ANDREWS MARQUEES LIMITED ANGLO TECHNICAL RECRUITMENT LIMITED AYLESBURY PARK GOLF CLUB LIMITED BRAND AGENCY (LONDON) LIMITED CELSUS GROUP LIMITED COAST HOTELS AND LEISURE LIMITED COLD STORE GROUP LIMITED COMMUNITY & BUSINESS…
Read moreCreditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in January: 06562942 LTD 13 BAR LIMITED 2021 ENG SOL LTD 26 TWELVE LTD 3 CROWNS PROPERTY & MAINTENANCE CONTRACTORS LTD 3RADICAL LIMITED 5G CHAUFFEURS LIMITED 6 VISION LIMITED 72ND AND MAD LIMITED 77 PROPERTY 7…
Read moreIn January, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 06738324 LTD 08112018 LTD 12GP MANAGEMENT LIMITED 14534813 LTD 15530565 LTD. 1ST ARMOUR SECURITY LIMITED 247 EXCELLENT QUALITY CARE LTD 24H RECRUITMENT SOLUTIONS LTD 3 CROWNS PROPERTY & MAINTENANCE CONTRACTORS LTD 50 ST EDMUND’S TERRACE FREEHOLD LIMITED…
Read moreAudit firm, Wbg has warned directors against the repercussions of failing to deal with failing companies in the proper manner and illegal ‘phoenixing’. The caution follows reports that a Scottish company director used a ‘corporate rescue’ process to shut down his winter sports business and dodge paying out money to staff by paying bogus directors…
Read moreThe Financial Conduct Authority (FCA) has warned of a growing number of misleading and illegal financial promotions, with the regulator saying that almost 20,000 financial promotions were withdrawn or amended after intervention in 2024. This is almost double the number of cases recorded in 2023, when more than 10,000 were flagged. The report also shows…
Read moreThe percentage of UK small business owners predicting growth (33%) has dipped to a nine-month low, according to the latest quarterly data from Novuna Business Finance. Whilst 45% see Q1 as a standstill period, there is a four-year high in the percentage of small businesses saying they will contract by the end of March (13%)…
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