News has just emerged that Secure Trust Bank Commercial Finance has funded an additional £1bn worth of customer invoices in the last year and in doing so, bringing its total amount lent in excess of £4bn. The Commercial Lending team is the commercially focused arm...
Lloyds Banking Group has eased the anxiety of 23,000 Tesco Mortgage customers after they agreed to buy Tesco Bank’s mortgage book in a £3.8bn deal. The news that Tesco Bank was to abandon the mortgage market broke in late May...
The pound fell briefly to its lowest rate against the dollar in two years on Tuesday, as the two remaining Conservative Party leadership candidates appeared to spook the currency by refusing to rule out a no-deal departure from the EU in October. Sterling sank earlier in the day to $1.2396,...
Despite the millennials and smashed avocado jibe suggesting mortgages for first-time buyers were decreasing. Research from the UK's largest mortgage lender, the Halifax shows that First-time buyers now make up the majority of home purchases bought with a mortgage in the UK. The Halifax bank said the last time such a...
Aviva has published its most notable claims from 2018 and some of which may well win the award for the UK's weirdest insurance claims. Last year Aviva paid out some fairly insurance claims for waxwork replicas of Justin Bieber and Ben Affleck to be repaired a thieving monkey...