Rishi Sunak, it’s time to show true grit over the plight of the self-employed
There are holes in Chancellor, Rishi Sunak’s financial plans for the self-employed, and even the mainstream media are clocking onto it.
Debt is not the cure for this crisis – here?s how to avoid it
At a time when Britain’s small businesses are at their most vulnerable, government and banks risk putting us all into debt.
FCA regulations 2018: Why high-cost financial products may be getting the axe
The Financial Conduct Authority?has confirmed that it will be investigating the high-cost credit industry, which includes rent to own, catalogue buying and overdrafts.
Lloyds launches ?100m fund to help SMEs win Hinkley Point supply chain contracts
High street bank Lloyds has launched a ?100m SME infrastructure fund linked to the Hinkley Point C nuclear power station in Somerset.
Challenger bank Monzo launches overdrafts for eligible users
Monzo Bank has launched overdrafts for account holders after the challenger announced it had reached a milestone of 500,000 customers just one month ago.
A guide to bridging lending
All bridging loans are typically secured against a commercial or residential property or sometimes a business.
?200m UK SME funding programme launched by ThinCats
Lending platform ThinCats and parent company ESF Capital have introduced a ?200m SME funding programme for British growth businesses.
Does ?3.8m represent a success for government?s bank referral scheme?
The government has announced that its bank referral scheme has helped 230 British businesses access ?3.8m of funding in its first nine months, but should we be celebrating that statistic?
Scaling up when you don?t have the cash injection on your side
All businesses have costs, and sometimes getting a scale-up off the ground requires a cash injection. Not everyone is lucky enough to have the bank manager on their side though ? so where else can you turn?
SME banking app Tide cashes in $14m investment from Spotify investor
Tide, an SME banking app, has secured a $14m Series A investment from Spotify and iZettle investor Creandum and fintech fund Anthemis.
Why a ?5m prize fund was created for banking innovation in Britain
While financial technology entrepreneurs have put the UK on the map of late, there is still for banking innovation to shake up dormant service offerings.