Apr 18, 2024: The next government must make “regulatory certainty” a cornerstone of the financial services regime, amid concerns that regulatory stagnation and regulator resource limitations are having a detrimental impact on the development of Fintech companies...

 

Mar 21, 2024: The Bank of England has announced that the base rate of interest will remain unchanged at 5.25% as widely expected. Despite a surprise fall in inflation in February to 3.4%, the central bank's Monetary Policy Committee (MPC) chose to hold the rate...

 

Mar 20, 2024: UK inflation slowed in February by slightly more than economists and the Bank of England had anticipated, possibly paving the way for interest rate cuts in the months ahead. The lower-than-expected monthly fall to 3.4% was down from a 4.0% increas...

 

Mar 06, 2024: As part of his Spring Budget statement, the UK Chancellor of the Exchequer Jeremy Hunt has announced that draft legislation will be published within weeks to extend full expensing – a £10 billion tax cut for business every year to help them invest ...

 

Mar 05, 2024: The Financial Conduct Authority (FCA) has today committed to investigate the use of personal guarantees by lenders to support loans to certain small businesses. The steps come in response to a super complaint from the Federation of Small Businesses...

 

Feb 14, 2024: UK inflation was unchanged in January 2024 remaining at 4.0%, according to figures released today by the Office for National Statistics (ONS). Despite forecasters predicting a rise, the Consumer Prices Index (CPI) remained 4.0% in the 12 months to...

 

Feb 01, 2024: The Bank of England has held interest rates at 5.25% for the fourth consecutive time, with the Monetary Policy Committee split three ways on the decision. It had been feared that interest rates would be increased following an inflationary rise in ...

 

Jan 17, 2024: UK inflation unexpectedly rose to 4.0% in December 2023 from 3.9% in November. The Consumer Prices Index (CPI) marginal rise was attributed to rising alcohol and tobacco prices as a result of recently introduced increases in tobacco duty. The Off...

 

Dec 18, 2023: As reported last week by Asset Finance International, the Federation of Small Business (FSB) has submitted a ‘super-complaint’ to the Financial Conduct Authority (FCA) dealing with lenders’ requirements for personal guarantees on business loans. ...

 

Dec 14, 2023: The Bank of England has today held interest rates at 5,25% for the third consecutive time. Following the US Federal Reserve in holding interest rates, the UK base rate will remain at the 15-year high of 5.25%, amid concerns over a slowing UK econo...