Alternative lenders ‘pick up the slack’ as SMEs demand larger loans February 7, 2024 Alternative lenders are taking the wheel as the demand for larger loans by Britain’s small and medium-sized enterprises (SMEs) rises, according to a new poll of over 120 brokers. The survey, conducted as part of fintech firm Iwoca’s SME Expert Index, found that small businesses in the fourth quarter of 2023 demanded loans of over [...]
Lower Thames Crossing boss: HS2 debacle has driven investors and talent away from UK February 7, 2024 Struggles at HS2 are affecting other UK major infrastructure projects, the man leading the delivery of the UK's largest road tunnel has said.
ULEZ: Watchdog scolds TfL and London mayor Sadiq Khan over misleading ads February 7, 2024 Transport for London (TfL) and the Mayor of London have received a scolding from the UK's advertising watchdog for misleading radio ads surrounding the ULEZ expansion.
UK M&A deals sink in 2023 as private equity surges February 7, 2024 UK Mergers and Acquisitions (M&A) fell sharply last year, declining by 17 per cent compared to a global decline of just six per cent. In total, the UK saw 3,628 M&A deals across 2023, compared to 4,362 the previous year, though this was still around pre-pandemic levels, data from PwC has revealed. In the second [...]
Bank of England to cut interest rates in May as inflation forecast to undershoot target by summer February 7, 2024 Falling energy prices will push the headline rate of inflation below the two per cent target early this year, according to the National Institute of Economic and Social Research (NIESR).
Bank of England’s bond sales a ‘leap into the dark’, warn MPs – with £130bn of taxpayers’ cash in play February 7, 2024 The Bank of England's quantitative tightening programme is a "leap in the dark" with policymakers failing to consider the potential costs.
London jobs market struggles to recover from impact of hybrid working February 7, 2024 "The persistence of hybrid working and slowing in many professional services sectors continue to be factors weighing on hiring demand in the capital," the report noted.
How social media giant Snap has been snapped back to reality February 7, 2024 Like its vanishing photos, Snapchat itself is facing up to fears it might too be just a momentary diversion.
UK agencies failing to punish top execs for corporate misconduct, report warns February 7, 2024 UK regulators and prosecutors are failing to properly hold senior executives to account for acts of corporate misconduct, a new report has warned.
The Notebook: Now is a good reminder of the power of setting goals February 7, 2024 Where the City’s movers and shakers have their say. Today, it’s Mimi Ikonn, co-founder of wellness brand Intelligent Change.
