How new regulations have changed the buy-to-let market.
Before last year’s Brexit vote, there were warnings from many economists that the UK would suffer a catastrophic economic shock and be catapulted into recession by a Leave vote.
Britain’s manufacturers are enjoying the strongest demand for their products in almost 30 years as a recovering global economy and a weaker pound boost order books.
The latest data from CML has revealed that small and medium sized lenders are experiencing strong growth despite the 10 largest lenders continuing to undertake the lions share. During 2015, medium-sized lenders saw particularly strong growth, with a 56% increase in annual lending volumes. In 2016, however, these medium-sized lenders saw a gentler rate of […]
THE pound moved higher at the end of the week, amid further signs that interest rates could rise in the coming months.
Business confidence has jumped to an 18-month high, but companies are having trouble recruiting skilled workers, according to a survey.
High inflation, the weak pound and a hung parliament have unnerved directors. Take back control of your cash flow and drive business success with these tips from Tony Smith.
The risk of North East companies getting into financial difficulty in the next year is rising across almost every business sector, according to the latest research.
Failure to recognise the warning signs of insolvency could leave you personally liable for company debts, so it’s essential you know what to look for.
Clients and contacts of North East funding brokers IAP Consultancy enjoyed the excitement of the company’s annual Cheltenham Gold Cup Day at a County Durham pub. Ian Pratt, founder of IAP Consultancy, organised the day, sponsored by chartered accountants Tait Walker, at the Plough Inn near Pelton, Chester le Street. Thirty guests working in […]
In April, the way the Government funds apprenticeships in England is changing and many businesses will find themselves facing new obligations. However, many business people still find themselves confused as to what effect the new Apprenticeship Levy will have on them. Put simply, the levy requires all employers operating in the UK with a pay […]
Buy-to-let tax change will remove full mortgage interest relief Rental revenue will be added to income to decide tax rate At moment only profit after mortgage interest is used to decide tax Landlord bodies warn of rent hikes as landlords shore up finances The government’s decision to limit tax relief on buy-to-let will force 440,000 […]
BRITAIN’S financial sector would get a £20billion boost from leaving the European Union single market in a “clean break” Brexit, a leading economist predicts. Prof Patrick Minford said: “London is the financial capital of the world and free from the shackles of this regime it will undoubtedly thrive, growing by £20 billion pounds over the […]
Along with the fall in the pound and the fall in the value of British government bonds, or gilts, has come the to-be-expected rise in the underlying interest rates that drive the cost of mortgage borrowing. Called “swap rates”, these register the price at which banks secure capital in the market, which they in turn […]
The Treasury has promoted Katharine Braddick to oversee financial services issues as it prepares for a lengthy dispute with the European Union about access to the bloc’s markets. Ms Braddick, the new director general for financial services, has already spent two years as a Treasury civil servant negotiating EU and international rules for the industry. Most […]
Royal Bank of Scotland secretly tried to profit from struggling businesses, leaked documents show. The bank bought up assets cheaply from failing businesses it claimed to be helping, the confidential files reveal. Staff could boost their bonuses by finding firms which could be squeezed in what it called a “dash for cash”. RBS said it […]