UK economy: ‘No one has any clue what’s going to happen,’ says boss of Britain’s fastest-growing business August 23, 2024 The chief executive of Britain's fastest-growing company has warned that poor access to finance for small firms risks hamstringing the UK's economic growth, as business owners already struggle with "really high uncertainity in the world".
Build, Baby, Build: The Apprenticeship Levy is a tax by another name August 23, 2024 SME house builders need to attract young talent more than ever, but the inflexible Apprenticeship Levy is standing in the way, says Rowland Thomas The new Labour Government’s pro-development approach and commitment to getting Britain back building has been largely welcomed by the housebuilding industry. However, even if the Government delivers on its promise to [...]
2023 Winners August 16, 2024 Six London-based companies and one volunteering champion emerged triumphant in 2023’s Lord Mayor’s Dragon Awards, held by the City of London Corporation at Mansion House to recognise London-based companies for their commitment to responsible business and social impact. The winners were Standard Chartered Bank, St George, 10x Banking, Mediorite & PwC, Tempo Time Credits, Dot [...]
Dragons Award 2024 – Our partners August 16, 2024 Table of Contents We are pleased to be working with: Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better [...]
How this tech start-up wants to rebuild the construction industry (from the ground up) August 13, 2024 Entrepreneur Jamie Menzies was just seven years into running his own residential construction company, Zebra Property Group, when the pandemic halted nearly all building operations.
Shawbrook: Underlying profit dips as challenger bank’s margins narrow August 8, 2024 Challenger bank Shawbrook has reported a dip in underlying profit for the first half of 2024 as looming interest rate cuts from the Bank of England narrowed its lending margins.
GB Bank: Property finance specialist moves headquarters to London amid rapid expansion August 7, 2024 Property finance specialist GB Bank is moving its headquarters from Middlesborough to London in a bid to grow its presence in the capital and South East.
Growth in UK manufacturing sector reaches two-year high giving firms ‘breathing space’ August 1, 2024 The UK manufacturing sector continued on the up, with production growth at its fastest since February 2022, a closely watched survey has shown. S&P’s purchasing managers’ index (PMI) for the manufacturing sector registered 52.1 in July, up from 50.9 in June and above flash estimates of 51.8. The PMI has remained above the neutral 50 [...]
Metro Bank share price soars after lender reports its on track for profitability later this year July 31, 2024 Metro Bank expects to return to profitability in the final quarter of 2024 as the lender attempts to stage a recovery from a volatile year.
Loss for talent: What impact does the London housing crisis have on start-ups in the City? July 30, 2024 Britain’s ongoing housing crisis has created a knock-on effect for start-ups, according to new research shared exclusively with City A.M., as small business owners begin to struggle to attract and retain talent. The research, which was conducted by fintech firm iwoca, highlighted that 22 per cent of the 500 small and medium-sized enterprises (SMEs) surveyed [...]