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Source : (remove) : GlobalData
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  • Tue, June 17, 2025

by: GlobalData

UK Finance reports rise in SME lending by high street banks

This marks the sixth consecutive quarterly rise and the highest amount since the second quarter of 2022, driven largely by SMEs.

by: GlobalData

Asset finance new business fell by 7% in April 2025

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell in April 2025 by 7% compared with the same month in 2024.
  • Mon, June 16, 2025

by: GlobalData

Finance is the missing link in the UK's SME growth strategy

With non-traditional lenders now driving the market, the government must act to break down access barriers and build the ecosystem businesses need to thrive, writes Mike Randall, CEO at Simply.
  • Fri, April 4, 2025

by: GlobalData

DF Capital reports strong growth in leasing and asset finance portfolio

DF Capital (Distribution Finance Capital Holdings plc), a specialist bank providing working capital for dealers and manufacturers across the UK, has reported strong financial results for the year ending 31 December 2024.
  • Tue, March 25, 2025

by: GlobalData

Morrisons' store and operations cost-cutting move risks 365 jobs

UK supermarket chain Morrisons has unveiled a comprehensive plan to revitalise its business operations as it embarks on the second phase of its strategic renewal programme. The retailer plans to close multiple facilities,
  • Thu, March 20, 2025

by: GlobalData

UK asset finance new business grew by 2% in January 2025: FLA

Total asset finance new business (primarily leasing and hire purchase) grew in January 2025 by 2% compared with the same month in 2024, according to figures released by the Finance & Leasing Association (FLA).

by: GlobalData

Saudi Arabia grants exploration licences to local and international mining companies

Saudi Arabia awarded exploration licenses for 4,788km2 within the mineral-rich regions of Jabal Sayid and Al-Hajjar to several companies.
  • Tue, March 18, 2025

by: GlobalData

FTC staff reiterates opposition to Union Health and THRH merger

The FTC warned that the merger of Union Hospital and Terre Haute Regional Hospital would harm competition in the region.

by: GlobalData

Novuna Business Finance partners with BBB for green asset finance pilot

The initiative under the Growth Guarantee Scheme aims to expand funding for SMEs investing in low-carbon assets.
  • Mon, March 17, 2025

by: GlobalData

CASIT to join forces with academic centres for academic hub launch

Center for Advanced Surgical & Interventional Technology (CASIT) in the US has announced the establishment of a Center to Stream Healthcare in Place (C2SHIP) academic hub in collaboration with over 24 academic and industrial centres.
  • Fri, March 14, 2025

by: GlobalData

NETSOL launches Transcend AI Labs

In a statement, NETSOL said the initiative is designed to empower automotive and equipment original equipment manufacturers (OEMs), dealerships, and financiers with advanced AI so

by: GlobalData

Contentnea Health selects eClinicalWorks' electronic health record platform

The health system expects eClinicalWorks' platform to optimise its patient data management and expand access to its services.
  • Wed, March 12, 2025

by: GlobalData

Orlando Health and Watson Clinic partner to enhance patient care

US-based Orlando Health and Watson Clinic have announced a collaboration to enhance patient care in Polk County, Florida, and beyond. The partnership is set to be realised in June 2026 with the inauguration of the Orlando Health Watson Clinic Lakeland Highlands Hospital.
  • Mon, March 10, 2025

by: GlobalData

European Energy to sell 470MW wind and solar project to Energix

European Energy has agreed with Energix to sell a 470MW wind and solar project in Lithuania, comprising a wind farm and a PV facility.
  • Thu, March 6, 2025

by: GlobalData

Food and drinks companies act as tariff row escalates

President Trump's tariffs - and the reprisals they've sparked - are forcing boardrooms into action even if it's hard to predict what might come next.
  • Wed, March 5, 2025

by: GlobalData

China, Canada retaliate against US tariffs

China and Canada are hitting back against US tariffs on their imports that came into force today (4 March). In a statement yesterday (3 March), China's Ministry of Finance said it would bring in "additional tariffs" on a selection of US imports, with tariffs of both 15% and 10% being applied.

UK Finance reports rise in SME lending by high street banks

This marks the sixth consecutive quarterly rise and the highest amount since the second quarter of 2022, driven largely by SMEs.
The article from MSN, dated October 11, 2023, discusses a report from UK Finance indicating a rise in lending to small and medium-sized enterprises (SMEs) by high street banks in the UK. The report highlights that gross lending to SMEs increased by 14.6% year-on-year in the second quarter of 2023, reaching £52.5 billion. This growth is attributed to increased demand for working capital and investment in business expansion. The article also notes that despite the rise in lending, the overall stock of SME lending remained stable, suggesting that while new loans are being issued, existing loans are being paid off at a similar rate. The report underscores the importance of SME lending for economic recovery and growth, especially in the post-COVID era.

Read the Full GlobalData Article at:
https://www.msn.com/en-us/money/markets/uk-finance-reports-rise-in-sme-lending-by-high-street-banks/ar-AA1GUz5X