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Swyx offers free guide to help SMEs

3rd July 2015
Swyx Solutions, a manufacturer of UC (Unified Communications) software specifically designed for small to medium sized businesses, has produced a new jargon-free and non-technical whitepaper. It aims to help senior managers such as owner operators or FDs to quickly grasp exactly what cloud-based UC is and the commercial benefits it will deliver for their particular […]
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Currency Cloud closes $18 million Series C investment

3rd July 2015
Currency Cloud announced that it has raised an $18 million Series C round, led by high-growth technology investor Sapphire Ventures (formerly SAP Ventures). A second new investor from Japan, Rakuten, has invested through its Rakuten FinTech Fund, underscoring the global growth potential of the Currency Cloud business. All existing investors – Anthemis, Atlas Ventures, Notion […]
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Largest rise in monthly mortgage approvals since February 2009

2nd July 2015
Martin Beck, senior economic advisor to the EY ITEM Club, comments, “Total household borrowing rose by £2.9 billion in April, down from the £3.3 billion recorded in March and broadly in line with the average of £2.8 billion seen over the previous six months. Annual growth remained at a modest 2.4% for the fifth successive […]
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Lebanon Opens London Office for Tech Entrepreneurs

2nd July 2015
A new London office for Lebanese tech entrepreneurs, enabling them to use the UK as a springboard for global growth, has opened in the heart of Tech City in Shoreditch. The London office is the first overseas base of the new UK Lebanon Tech Hub, which aims to support the growth of the knowledge economy […]
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Consumers continue to go contactless and spend online

1st July 2015
UK consumers spent over £19,000 every second using their cards last year as the number of purchases surged by more than a tenth, according to a report, UK Card Payments 2015, published by The UK Cards Association. Total UK-issued debit, credit and charge card spending both domestically and overseas rose by 8.2% in 2014 to […]
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Greece misses IMF payment

1st July 2015
Greece has now missed its €1.5 billion (£1.1 billion) payment to the International Monetary Fund (IMF) following a decision from eurozone ministers to refuse to extend the country's bailout. The IMF officially confirmed this at 10pm GMT yesterday (June 30). Greece has requested a new two-year bailout plan which will be discussed on Wednesday. This makes […]
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Fast growing markets outside of Europe need to be targeted

30th June 2015
Data released by the Office for National Statistics (ONS) showed that the UK trade deficit narrowed in April to £1.2 billion from £3.1 billion in March. Contributing to the headline figure is a £8.6 billion deficit in the trade of goods, partially offset by a £7.4 billion surplus on services. Looking at the longer term […]
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UK micro-businesses owed £16.9 billion in outstanding payments

30th June 2015
UK micro-businesses are owed over £16.9 billion by their customers, new research from Intuit QuickBooks, the global leader of online accounting software has found. Micro-businesses – with up to ten staff - account for 96% of all firms in the UK; this slow payment culture is stifling growth amongst the UK’s most important, but also […]
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Finance Monthly's 2015 Global Awards winners announced

25th June 2015
The long process of compiling nominees, receiving votes and making short lists is over, and Finance Monthly magazine's 2015 Global Awards supplementary magazine is now live. Compiling the best in finance from all over the globe and in a range of different sectors and sub-sectors, a full list of winners can be found in the […]
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IMF Chief says no more grace periods for Greece

18th June 2015
The International Monetary Fund (IMF)’s chief Christine Lagarde has said that if Greece fails to make a payment instalment of €1.5 billion ($1.7 billion) on June 30 that there will be no further leeway or grace period. Today (Thursday 18 June) Lagarde stated at a press conference that the country’s June 30 deadline must be […]
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Finance Monthly Magazine announces 2015 CEO Awards winners

15th June 2015
Finance Monthly is delighted to announce that its acclaimed CEO Awards 2015 has now been published. Every year Finance Monthly magazine identifies and honours the most respected companies and their C-level executives who lead the way on a global stage. Finance Monthly’s research team draws on the views of thousands of stakeholders including investors, analysts, […]
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Government's 80% stake in RBS to be sold

11th June 2015
In his annual Mansion House speech, George Osborne has announced that the government plans to sell its 80% stake in the Royal Bank of Scotland. The aim is to promote financial stability and benefit the wider economy. The government paid 500p per share in 2008 following RBS' £45.5 billion (€62.5 billion) bailout - shares are […]
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