Asset Finance market up 106% in May

Asset Finance market up 106% in May

Following an 80% rise in April in the alternative finance market, latest figures by the Finance and Leasing Association (FLA) show the growth in leasing and and hire purchase new business in May 2021, compared with the same month 2020. For the five month period from...
UK economy grows at fastest pace since last summer

UK economy grows at fastest pace since last summer

Research from ONS shows that in April the UK grew at its fastest pace since lockdown was eased last summer, with retail reopening and schooling resuming, strong numbers have contributed to a recovery similar to that of pre-pandemic levels. The volume of goods and...
Alternative Finance Market grew by 80% in April

Alternative Finance Market grew by 80% in April

Latest figures from the Finance & Leasing Association (“FLA”) show the growth in total asset finance new business (primarily leasing and hire purchase) grew by 80% in April 2021 compared with April 2020. In the first four months of 2021, new business was 15%...
The Budget: What it means for SMEs and what to do next

The Budget: What it means for SMEs and what to do next

On Wednesday, 3rd March, Chancellor Rishi Sunak announced the Government’s latest Budget, perhaps the most significant for businesses in recent times due to the events of the last 12 months. We’re breaking down the key policies affecting British small and...
How to manage your cash flow effectively

How to manage your cash flow effectively

Managing cash flow is essential for any business, small or large, and more so now than ever, as it allows a company to keep trading and making money, without managing cash flow, companies could find themselves in debt rather quickly. By definition, cash flow is the...
How to prepare for v-shaped recovery

How to prepare for v-shaped recovery

According to recent reports, such as those from Bank of England economist Andy Haldane, the UK could recover quicker than expected, with a v-shaped economic recovery. In a v-shaped economic recovery, the economy suffers a sharp, but short-lived period of economic...