Soon after the UK went into lockdown in March, chancellor Rishi Sunak unveiled his £350bn emergency rescue package for British businesses.
This unprecedented intervention...
MarketFinance has raised £50 million from an Israeli asset management firm to continue lending under the UK government’s Coronavirus Business Interruption Loan Scheme...
The UK state-backed British Business Bank (BBB) has given banks extra time to grant state-backed loans to medium-sized and larger businesses affected by...
Government-led funding programmes are a vital pillar of support amid the current coronavirus (COVID-19) crisis. However, their effectiveness relies heavily on the ability...
The Greater London Investment Fund (GLIF) has become an accredited lender under the British Business Bank Coronavirus Business Interruption Loan Scheme (CBILS). This...
HM Treasury’s weekly update on the COVID-19 business support schemes indicates that lenders, both traditional banks and Fintechs, have provided a growing amount...
May was another big month for the Seedrs Alumni Club. This roundup features Assetz Capital, Innis & Gunn, Drinkly, MoveBubble, UnderTheDormat, Rubies in...
British Business Bank (BBB), the state-owned bank responsible for accrediting lenders to issue coronavirus business loans, has appointed an interim CEO.
Catherine Lewis La...
Starling Bank has raised an additional £40 million in funding from existing backers, adding to its £60 million raise in February, TechCrunch reports.
The...
