Change affects all industries and that doesn’t exclude banking. We open our latest Bulletin with a look at a new report from UK Finance and EY which highlights the rise in mobile banking and what the future holds.
One of the aims of the British Business Bank is to support so called Challenger Banks with funding via the ENABLE Programme. The latest beneficiary is Cambridge and Counties Bank which will utilise the funding to expand its property and commercial lending portfolio.
To close, we share news of a pot of funding set aside by Lloyds Bank specifically for businesses working directly, or indirectly supporting construction of the new Hinkley Point nuclear power plant. Funding to businesses in the supply chain could give them confidence to bid for contracts. Could you make use of this?