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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 […]

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  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 […]

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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 […]

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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 […]

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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 […]

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