Finance News

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The government has given a shot in the arm to the leasing business with its announcement of the National Loan Guarantee Scheme (NLGS), which will see up to £20 billion of guarantees on unsecured loans by Barclays, Royal Bank of Scotland, Lloyds, Santander and others. Chancellor George Osborne stated that the government will now guarantee … Read more

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Could it be at long, long last, our fragile economy is set to turn the very slow and tortuous corner that we’ve all been experiencing over the last few years? Perhaps we are now on course for a brighter future. In amongst the detail of Chancellor George Osborne’s Budget this week, and the inevitable media … Read more

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It invariably happens. Whenever there’s a downturn in the economy, the n’er-do-wells are tempted to turn to devious, and usually illegal, ways to ‘earn a living’. Theft goes up according to the trends of the moment – stealing copper cabling from railway equipment, metal road signs, manhole covers and the old perennial, lead from church … Read more

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You really do get the feeling these days that businesses, both large and small, have been back-peddling over recent years, due to the ravages of the recession and the prolonged agony of coming through the other side. But now the subject of SME lending is coming under more scrutiny than ever before, because it is … Read more

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Hotel Consultancy HVS, based in London, has concluded in its annual round-up of hotel trading that the key to an improved 2012 outlook for the UK’s hotel industry will depend largely on the availability of debt to fund hotel transactions and complete long overdue refurbishments. HVS outlined the sector’s turbulent 2011 as a modest rise … Read more

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A recent report released by the Finance and Leasing Association (FLA) has shown that asset finance has increased over 2011. Their report, based around the third quarter of 2011, indicates that several industries have seen an increase. Compared with Q3 of 2010, new business deals have seen an increase of 11 percent, up to almost … Read more

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Leasing World are proud to announce the launch of Broker World, a sister magazine to the popular Leasing World. Broker World will be available in hard copy newsletter format, and will primarily focus on pertinent issues that are of interest to asset finance brokers and leasing companies in the UK. With a scheduled publish date … Read more

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The Government has announced new measures to assist small and medium sized companies to grow their business and protect intellectual property. As part of the Government’s new Innovation and Research Strategy for Growth, the planned growth will create a boost through substantial investment in research and innovation in the UK. The Intellectual Property Office (IPO) … Read more

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As part of the Government’s work on credit easing, the Secretary of State for Business, Innovation and Skills has set up a non-bank lending taskforce. It will be chaired by Tim Breedon, Chief Executive of Legal & General Group plc. The taskforce has been commissioned to examine structural and behavioural barriers to the development of … Read more

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Vince Cable will today set out how £11 million of Government matched funding, awarded following the first round of bids to the Growth and Innovation Fund (GIF), will enable employers to deliver more effective skills solutions through more apprenticeships, new professional standards and closer partnerships with education and training providers. Speaking in advance of his … Read more