Trade body’s plea over conflicting SME loan legislation
THE NATIONAL Association of Commercial Finance Brokers is calling on the government to intervene over SME lending policies.
In an open letter to City Minister...
Small business? Big assistance, at no charge
SMALL Business Britain has launched a support programme, in partnership with Lloyds Banking Group, to help small businesses survive a challenging economic period.
With SMEs facing...
Online shift has banks shutting shop
HIGH street bank branches are shutting as people turn to online services and money management.
Which? magazine reports that 5,355 bank and building society branches...
Bitcoin vs Britcoin: Are CBDCs the future?
GOOGLE searches for central bank digital currencies (CBDC) in the UK and US have exploded.
Analysis by cryptocurrency betting review website Cryptobetting.org showed that CBDC...
UK’s ATMs disappear as digital cash edges closer
FINTECH firm Intergiro has conducted a study to find which UK regions have seen the biggest decline in cash machines since 2018.
Using data from...
Does Nanny know what’s best for us…?
By CHARLES WHITE-THOMSON
“NANNY finance” — excessive quantitative easing and rate-cutting by central banks — has dominated the world for many years. This overly soft...
Russian banker gives up citizenship over war
BILLIONAIRE Russian banker Oleg Tinkov has renounced his Russian citizenship in protest at the war in Ukraine.
Tinkov, the founder of online Tinkoff Bank, said...
More greenwashing comes to light in HSBC ads
THE UK's Advertising Standards Authority (ASA) has taken its first action against a bank for greenwashing.
It has banned two HSBC ads for misleading claims...
Are you on the rails? Vital infrastructure for payments
By TOM BENTLEY
ANY BUSINESS that deals with transactions and transfers must also deal with payment rails, which provide the infrastructure needed to carry money...
Boris out! UK SMEs voice drop of confidence in PM
THE MAJORITY of UK SMEs want Boris Johnson to step aside — with 63 percent saying they would like to see him forced out.
In...