IT resources provider, 3 Step IT has recorded an operating profit of €24.5m (£21.2m) in its annual report, published today.…
Aldermore: Lack of funding holds back a fifth of UK SMEs August 23, 2019 Christopher Marchant Wyelands Bank: UK manufacturers missing out on £183bn revenues
Wyelands Bank said UK mid-sized manufacturers could be missing out on £183bn in revenues due to insufficient access to finance. …
OakNorth reports £33.9m profit for 2018
UK SME lender OakNorth has recorded pre-tax profit of £33.9m in 2018, a 220% increase from £10.6m yearly profit in 2017.…
Cambridge & Counties Bank balance sheet exceeds £1bn
Leicester-based Cambridge & Counties Bank has seen its balance sheet top £1bn for the first time.…
CBI & PwC: demand for UK financial services falls for first time since 2013
Specialist lenders were among 84 respondents to the CBI and accountancy firm PwC to say demand had fallen for the first time in 6 years.…
UK alternative finance market grew 35% to £6.2bn in 2017
The UK alternative finance market grew 35% to £6.2bn in 2017 driven mostly by peer-to-peer business lending, according to a report by Cambridge Centre for Alternative …
Leasing Life 2018 awards winners announced in Tallinn
The winners of the 2018 Leasing Life Awards were announced last night at the Hilton, Tallinn Park in Tallinn, Estonia. The fourteenth annual conference and …
LeasePlan puts IPO plans on hold
LeasePlan put brakes on its IPO plans on Friday, only a few days after the company said a stock exchange float was a matter of weeks.…
CYBG gets capital boost from own weighting of SME portfolio
The BoE said CYBG could use its own model to weigh risk on its SME and corporate loanbook, improving the accuracy of its risk to asset ratio and the equity buffer in the bank.…
Residual values in heavy assets up 20%, auctioneer finds
Construction and agricultural machinery that’s between two and five years old and in top condition was trading at a premium at a used equipment auction organised by Euro Auctions in August.…
