Four in ten (40%) UK small and medium-sized businesses (SMEs) claim it is easier for them to access finance from fintech lenders rather than mainstream banks, according to new research from Sonovate, an alternative finance and payment solutions provider. Alternative finance options increasingly offer a lifeline for UK SMEs, with seven in ten (70%) admitting […]
Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year. This latest development comes with the strategic addition of Lloyds Bank to its group of finance providers. In joining Sonovate’s finance providers, Lloyds Bank
The headline NatWest Wales Business Activity Index, a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors, registered 48.4 in September. This is down from 50.5 in August, signalling a renewed and marginal decline in business activity at Welsh firms. The pace of contraction was
Renewed drop in output in Wales as demand conditions worsen in September Read More »
The Welsh Hospitality Awards 2023, the most prestigious event in the hospitality industry, took place on Monday 2nd October at the exquisite Mercure Holland House Hotel in Cardiff. The evening was a resounding success, with industry leaders, esteemed professionals, and esteemed guests coming together to honour the very best in Welsh hospitality. These Awards celebrate excellence
Winners of The 5 th Welsh Hospitality Awards 2023 announced Read More »
The headline NatWest Wales Business Activity Index, a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors, registered 50.5 in August, up from 49.5 in July, to signal a renewed rise in output at Welsh private sector firms. The increase in activity was the first
Output in Wales returns to expansion but demand conditions remain subdued in August Read More »
The winners of The 1st Nation’s Hair and Beauty Awards 2023 have been announced in a celebration of the best hair and beauty professionals across the nation. After months of anticipation and fierce competition, the awards ceremony took place on Sunday 10th September at The Holiday Inn Birmingham City Centre Hotel. Attendees were treated to an evening
Winners announced for The 1st ever Nation’s Hair & Beauty Awards 2023 Read More »
The finalists for The Welsh Hospitality Awards 2023 organised and hosted by Creative Oceanic have been announced after tremendous number of public nominations were received. The black-tie event will be held this autumn in Cardiff, where thriving professionals will gather together for a memorable celebration of the champions that work hard for the industry. The
The Welsh Hospitality Awards 2023 Finalists have been announced Read More »
A leading restructuring expert has pleaded with the management teams of ailing businesses to react quicker to signs of financial distress, as compulsory liquidations continue at a rate of almost double. The plea comes as latest monthly insolvency statistics for England and Wales reveal there were 248 compulsory liquidations in July 2023, 81% higher than
Compulsory Liquidation is up 81% Read More »
Office take-up in Cardiff reached 70,000 sq ft in the second quarter of 2023. This is 29% above the five-year Q2 average, and 150,000 sq ft in H1 2023, which is in line with the five-year H1 average according to Savills. In H1 2023 there were 53 transactions completed which was 26% above the long-term
Office market in Cardiff is exceeding five year average Read More »
The team at Cardiff based Lexington Corporate Finance has been bolstered with the appointment of 29 year old Evan Norvill (pictured above) in an executive role. This comes following a record-breaking year for the firm which saw them complete more than £200m of transactions. Evan, who joins Lexington after 4 years working at Deloitte, brings with
Executive hire made at Cardiff financial advisor Read More »
