Speaking at the British Venture Capital Association (BVCA) Summit in London, Georgina Squire, head of the dispute resolution at Rosling King (RK), said resolving the conflicts between different generations of staff is now a key issue for businesses. Squire said: “We are reliant on our people. They are our core. There is now quite a…
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The Financial Conduct Authority (FCA) has published two consultation papers, setting out its proposals in the event the UK leaves the European Union on 29 March 2019 without an implementation period. It also set out its approach to the regulation of Credit Ratings Agencies, Trade Repositories and Data Reporting Services Providers. The two consultation papers…
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Bibby Financial Services (BFS) has announced that it has appointed Joe Waters as Head of Sales as it seeks to develop its services to small and medium-sized enterprises (SMEs) operating in the South of England. With industry expertise spanning over 30 years, Waters has held several senior positions in financial services, specifically supporting UK SMEs.…
Read moreThe latest Aldermore Future Attitudes study has revealed that a third (33%) of bosses at UK small and medium-sized enterprises (SMEs), equating to 1.81 million* firms with fewer than 250 employees, have personally suffered from anxiety, depression or another kind of mental health problem in the past five years. The report, which surveyed over a…
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Fraud prevention service, Cifas, has released startling new figures showing a marked increase in the number young people falling victim to identity fraud. The new figures reveal that Cifas members identified a 24% increase in cases of under-21-year-olds falling victim to impersonation fraud in the first nine months of this year, a significant rise from…
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The Director of a financing company has received a ten-year ban after heading a false invoice scheme to secure £4 million of illegitimate funds. David Marsden, from Exeter, was the Director of finance company First Capital Factors (FCF). Incorporated in 2009, FCF offered recourse factoring facilities for small and medium businesses where they would buy a company’s…
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Law firms Breeze & Wyles and Taylor Rose TTKW have announced that we will merge. Taylor Rose TTKW are a top 200 law firm. In a company statement Breeze & Wyles said “Our clients will continue to receive the same high level of service managed by the same dedicated teams, however, we will no longer be known…
Read moreNew research from Direct Line Life Insurance has revealed that over 6.9 million parents percent) have given their children ‘their inheritance’ early, to try to reduce the amount of inheritance tax payable on their estates. This amounts to a total of £227 billion, at an average of £32,920.10. A further 6.5 million (19 per cent) parents…
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Latest figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 10% in August, compared with the same month last year. The plant and machinery finance sector reported new business up in August by 10% compared with the same month in 2017, while…
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New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business in August grew by 10% compared with the same month last year. Credit card and personal loan new business together grew by 9% compared with August 2017, while retail store and online credit new business increased by 7%. Second…
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New measures to end the problem of late payments to small businesses by large companies who abuse their position in the market have been unveiled by the Small Business Minister Kelly Tolhurst as she launches a call for evidence. Nearly a quarter of UK businesses report that late payments are a threat to their survival.…
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European payments company, Trustly has announced that it has entered a partnership with Mintos, a global online marketplace for loans which provides retail investors with a way to invest in loans from around the world. By implementing Trustly’s direct online banking payments, Mintos now allows investors to easily transfer funds – in real-time – to and from…
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The late payment crisis is getting so bad for UK small businesses that 17% of business owners say they are forgoing paying themselves a wage so they can pay their staff on time. This rises to 27% of small businesses that say they are already struggling to survive. New research from Hitachi Capital Business Finance…
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