Lender TAB secures up to £300m funding led by Natwest with focus on sustainability October 23, 2023 Lender TAB has secured an up to £300m round of funding with Natwest and Atalaya to support its bridging and mortgage products. The private securitisation facility will enable TAB to fund borrowers for up to ten years and leverage its ability to provide capital quickly, the firm announced on Monday. TAB, which is set to [...]
Scheme to plug London hospitality skills gap backed by Greene King and Marriot Hotels October 23, 2023 The government scheme which is backed by hospitality heavyweights including Greene King and Marriot Hotels will see them receive an industry recognised ‘Hospitality Skills Passport’.
How Ofgem can restore trust in the energy market October 23, 2023 Ofgem is still scrambling to revamp the energy market - City A.M. has made some suggestions to ensure it is competitive and robust.
Jaguar Land Rover unveils £250m EV facility as electrification push revs up October 23, 2023 Jaguar Land Rover has unveiled a new £250m engineering facility at its centre in Whitley, Coventry, bringing 350 jobs to the region. The 323,000 sq ft Future Energy Lab will enable rapid testing of electric vehicles (EVs), including in extreme-weather conditions, as the marque preps for the launch of nine new luxury models by 2030. [...]
Global uncertainty strengthens case for UK oil and gas, says industry boss October 23, 2023 Emerging geopolitical challenges are strengthening the case for domestic oil and gas production, argued the chief executive of OEUK.
Compensation scheme ‘not fit for purpose’ after resolving just 127 cases in nearly two years October 23, 2023 New data from a banking dispute resolution service shows that fewer than 100 cases have received compensation in nearly two years of operation.
Demand for political risk insurance growing amid ‘febrile’ geopolitical landscape October 23, 2023 The “febrile” state of geopolitics has led to an increased interest in political risk insurance, experts have said. International businesses, including mining, oil and gas, and renewables, which invest in projects abroad can purchase political risk insurance in a bid to secure schemes against changing foreign governments who may be more hostile to overseas investment. [...]
Why AI isn’t a threat to the white van man October 23, 2023 Will Davies, CEO of Aspect, delves into AI, the white van man, school leavers and government requirements AI and the future of the white van man man No, AI isn’t a threat to the white van man; it’s a transformative force enhancing our industry for both tradespeople and customers. In the past two years, we [...]
As global crises grow, Sunak should embrace the National Security Council October 23, 2023 To govern effectively in the midst of so many global crises, Rishi Sunak needs eyes in the back of his head, writes Eliot Wilson.
Our savers and our businesses are losing out from stagnant pension rules in the UK October 23, 2023 Pensions are a vital part of our later lives. As life expectancy increases with improvements in healthcare and lifestyles, our pensions will need to work even harder. Pension funds are also a vital source of investment upon which the businesses of today depend. Over the past twenty years, the UK has suffered a significant decline [...]
