All Banking, Finance & Grants articles – Page 3

  • Starling Bank

    Starling Bank launches tree-planting referral scheme


    Starling, the UK’s leading digital bank, has launched a new environmental initiative to plant one tree for every successful new personal and business customer referral.

  • Open

    How to communicate with your customers as lockdown measures are eased


    By Funding Options As the UK’s coronavirus lockdown measures are eased, some businesses are looking to reopen either fully or partially over the coming weeks, while others will remain closed. During this period of limbo, customers – as well as businesses – require clarity. To ease back into a version ...

  • calculator taxes

    Four documents every freelancer needs to file their taxes


    The decision to become a freelancer is one that many people in the US come too. The idea of working for yourself and not being tied down to just one organisation is a liberating thought and can make for an exciting and varied career.

  • Pink piggy face on over a blue background

    Private equity investments hit record €94bn, a 10% increase


    Private equity and venture capital fundraising hit €109 billion, up 6% in 2019, and the highest total over a decade, according to new data from Invest Europe. In parallel, the total equity amount invested in European companies increased 10% year-on-year to €94 billion in 2019, the highest level on investment ...

  • HikrobotSuperdry16

    Superdry ramps up robotics in Burton DC with Hikrobot


    In the first application for Hikrobot in the UK, global fashion brand, Superdry, is leveraging the flexibility of intelligent mini-robot carriers to transform order picking and put-away at its UK hub – just part of a phased roll-out of goods-to-person robotics that will boost productivity across its international network of ...

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    For every pound of equity investment made in the UK during Q1 2020, 70p of it went to London-based companies


    In the first edition of the High-Growth in London report, published back by Beauhurst in March of 2019, they noted the extent to which 'London-based companies dominate the UK?s high-growth scene'. Back then, 30% of ambitious UK companies had grown in the Capital, and had collectively secured 54% of all ...

  • cash flow

    Managing cashflow during times of crisis


    This past month since the pandemic has hit our shores our world as we know it has been turned upside down. 

  • News

    Starling Bank is here for you: An update on our coronavirus support


    We’re here to support our customers with their finances during the coronavirus emergency. Our support includes: Connected shopping card for people who are self-isolating Personal account customers can request a second card connected to their Starling account to help them if they are relying on friends, neighbours and community ...

  • Feature

    COVID-19 advice for entrepreneurs: summary of financial, tax and accounting measures


    In next week's Fresh Business Thinking webinar, haysmacintyre will be providing entrepreneurs with an overview of the government initiatives available during COVID-19. They will share their experiences from working with companies applying for CBILs as well as examples of where furloughing has worked well as a solution and where it ...

  • Feature

    5 things you need to know about IR35


    by Donna Torres, director of small business at Xero UK If you run your own business, are self-employed or are a freelancer, then you will likely have heard of IR35. It is a piece of legislation that allows HMRC to collect additional payment where a contractor is an employee ...

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    Action may be required now - Coronavirus Job Retention Scheme Grant


    The Coronavirus Job Retention Scheme is going live on the HMRC portal on 20th April. We caught up with Lucy Cohen, co-founder of Mazuma, the UK's leading Online Accountants for small and micro businesses to find out what that means businesses need to do to be prepared: Lucy writes that: ...

  • Starling

    Starling Bank releases new spare debit card option to help those self-isolating


    Starling Bank is introducing the Connected card, a second card that customers can connect to their existing account and give to anyone they trust to pay for groceries and other essential items on their behalf. The Connected card has been designed to help personal account customers who are self-isolating during ...

  • News

    Small firms say interruption loan changes mark “big step forward”


    Responding to the Government’s announcement of measures aimed at improving small business access to the Coronavirus Business Interruption Loan Scheme (CBILS), Federation of Small Businesses (FSB) National Chairman Mike Cherry said: “We welcome the Chancellor’s personal intervention to ensure that banks deliver the government-backed emergency loans which are urgently needed ...

  • News

    Bolstered business interruption loans


    The Chancellor Rishi Sunak is taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. More than £90 million of loans to nearly 1,000 small and medium sized firms have been approved under ...

  • News

    Concerns about the Coronavirus Business Interruption Loans Scheme


    The Coronavirus Business Interruption Loan Scheme (CBILS) offers a loan of up to £5 million that is interest free for the first 12 months however there are concerns about "the way the loan scheme is being rolled out and being interpreted by some lenders". The Business, Energy and Industrial Strategy ...

  • News

    National Living Wage and National Minimum Wage rates increased on 1 April


    The National Living Wage (NLW) will increase today (Wednesday 1 April) to £8.72, giving a pay rise to thousands of workers at the frontline of the UK’s response to Covid-19. This rise follows recommendations made to the Government by the Low Pay Commission (LPC) in the autumn. It means the ...

  • News

    40% of businesses ditch banking applications over slow diligence


    Nearly 40% of businesses in the UK have deliberately abandoned their application for banking services in the past year due to slow due diligence processes, according to a new study. RegTech specialists Encompass Corporation surveyed 200 large and medium-sized businesses, and found nearly a third (29%) now trust challenger banks ...

  • News

    Global stock markets rally on US $1.8tn package


    Stock markets around the world saw their best day of trading for weeks on Tuesday as the US nears finalising a relief package worth $1.8 trillion. The Dow Jones index experienced its biggest daily increase since 1933 with an 11.4% rise. The S&P 500 and UK's FTSE 100 saw prices ...

  • News

    Interest rates cut to record low


    The Bank of England has cut interest rates to their lowest level in history in the latest measure to stem the impact of Coronavirus. It is the second rate cut in just over a week bringing rates down from what was the joint record low of 0.25% to the ...

  • News

    Sterling hits 35-year low


    The value of the pound has dropped to its lowest level in 35 years against the dollar, as investors continue to grow weary of the spread of Coronavirus. Sterling ended Wednesday trading at $1.15, which marks a 5% drop in one day and its lowest level since 1985. It follows ...