Tagged: uk

June 24, 2025 @ 1:05 am By Omar Faridi  |  

More parts of the economy saw higher activity levels in May, according to the latest UK Sector Tracker from Lloyds. Four of the 14 sectors monitored by the Tracker “grew in May – two more than in April.” Software services “expanded at the fastest pace… Read More

June 24, 2025 @ 12:51 am By Omar Faridi  |  

The Bank of England (BoE) has recently made significant strides in enhancing transparency, reinforcing global financial standards, and advancing its economic forecasting capabilities. These efforts reflect the central bank’s commitment to fostering trust, stability, and precision in its operations amid a complex economic landscape. In… Read More

June 23, 2025 @ 10:56 am By JD Alois  |  

Folk2Folk is reporting that investors earned £17.32 million in interest payments for the tax year of 2024/2025. The company states that it is the largest peer-to-peer lender in the UK, based on total lending. The interest generated in the past year is the most since… Read More

June 23, 2025 @ 1:00 am By Omar Faridi  |  

Funding Circle (LSE: FCH), the UK’s SME finance platform, secured a £230 million credit facility from Citi, that the firm will deploy to support its continued strong growth in flexible SME finance solutions. Funding Circle will use the credit facility to “support the continued strong… Read More

June 21, 2025 @ 4:12 am By Omar Faridi  |  

C2FO, the world’s on-demand working capital platform, continues to meet the growing demand for faster, more affordable liquidity as tariffs and global economic uncertainty disrupt businesses of all sizes. In the last quarter, C2FO funded “$18 billion in working capital to businesses worldwide, including $3.2… Read More

June 20, 2025 @ 11:07 am By JD Alois  |  

dLocal has been approved for essential payment licenses in several jurisdictions, including Turkey, the Philippines, and the UAE. In the UAE, the company has been granted a Payment Services License which enables dLocal to directly operate cross-border payins and payouts. In Turkey, dLocal has received… Read More

June 19, 2025 @ 3:55 pm By Omar Faridi  |  

Zilch, the firm behind the Ad-Subsidised Payment Network (ASPN), has officially joined The Affiliate & Partner Marketing Association (APMA) – a move that underscores its long-term commitment to driving innovation in the affiliate and partner marketing space. This membership is a marker of intent with… Read More

June 19, 2025 @ 11:13 am By JD Alois  |  

The Laffer Curve is alive and well. The economic theory is based on the fact that if people are taxed too much, they will eventually vote with their feet, thereby reducing the tax revenue that policymakers anticipated when raising taxes. It has been widely reported… Read More

June 19, 2025 @ 9:53 am By JD Alois  |  

The Bank of England decided to hold rates steady today, mainly due to concerns about sticky inflation. The Monetary Policy Committee (MPC), by a six-to-three vote, decided to hold the bank rate at 4.25%. The three dissenters preferred to lower rates by 25 basis points. The… Read More

June 19, 2025 @ 8:56 am By JD Alois  |  

Open banking enabler Salt Edge and Tuum have been selected by LHV Bank to support their endeavors. Tuum partnered with Salt Edge in 2022 as part of an effort to expand services across Europe. Tuum is a cloud-based, banking-as-a-service platform that offers core banking while… Read More

June 19, 2025 @ 8:15 am By Omar Faridi  |  

Schroders Capital, the $99.3bn private markets business of Schroders, announces today that its UK Innovation Long-Term Asset Fund (LTAF) has invested in Draig Therapeutics, a clinical-stage biopharma company aiming to transform the treatment of neuropsychiatric diseases. The UK is Europe‘s largest venture capital market and… Read More

June 19, 2025 @ 3:09 am By Omar Faridi  |  

In a statement addressing the latest inflation figures, Yael Selfin, Chief Economist at KPMG UK, highlighted the growing uncertainty surrounding the UK’s inflation trajectory, driven by escalating geopolitical tensions in the Middle East. The recent surge in energy prices, with oil prices climbing over 13%… Read More

June 18, 2025 @ 9:33 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), a UK fintech platform dedicated to alternative property lending, has announced a rate reduction on all of its buy-to-let (BTL) products by “10 basis points (bps), with the lowest rates starting at 3.44% on a 2-year fixed term.” The rate reduction… Read More

June 18, 2025 @ 8:24 am By Omar Faridi  |  

Data and technology company, Experian, announces that digital bank, Monzo, has become the newest addition to its Support Hub service. As part of Experian Support Hub, more than 12 million Monzo UK customers will now be able “to share their access and support needs with… Read More

June 18, 2025 @ 8:22 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has announced the appointment of Kirsten Maley “as Director of Claims, UK; a newly created role underscoring Cowbell’s commitment to scaling its presence in a growing UK market.” With more… Read More

June 18, 2025 @ 2:36 am By Omar Faridi  |  

More than a million UK ‘gig’ workers cannot afford to save into a pension, according to new research. The data from PensionBee, a firm focused on the consumer retirement market, reveals that over half of temporary economy workers in the UK (57%) can’t “afford to… Read More

June 18, 2025 @ 12:49 am By Omar Faridi  |  

Liontrust, the specialist active asset manager, has expanded its relationship with The Bank of New York Mellon Corporation (BNY), a global financial services company, by announcing the “outsourcing of its trading for investment funds and institutional accounts to BNY’s Buy-Side Trading Solutions group.” Liontrust’s UK-based… Read More

June 16, 2025 @ 10:39 pm By JD Alois  |  

Open banking firm Salt Edge will partner with RiseUP, a “financial insight provider.” According to a company statement, the collaboration will enable RiseUp to leverage financial data and enhance revenue. UK businesses will see Salt Edge’s services integrated into the RiseUp platform, which aims to… Read More

June 16, 2025 @ 5:34 pm By Omar Faridi  |  

Wise (LSE:WISE), the global fintech focused on international money transfers, has released its latest fee update, continuing its mission to make cross-border transactions cheaper, faster, and more transparent. The update outlines a series of fee adjustments that reflect the company’s ongoing efforts to optimize costs… Read More

June 16, 2025 @ 8:40 am By Omar Faridi  |  

Golub Capital marked the fifth year of operations at its London office by announcing an expansion in its European direct lending strategy, a new and expanded London office location and solid results. Tara Moore, Head of European Originations at Golub Capital said: “Our growth and… Read More