Businesses in the UK are shunning traditional overdraft and loan facilities from the high street banks according to in-depth nationwide study.
The SME Finance Monitor, which is funded by the high street banks themselves, shows that 50% of small and medium-sized companies describe themselves as “permanent non-borrowers” which is up from 33% from 2012. Indeed, only one in three SMEs are...
The Government’s new Universal Credit comes into effect at the end of this month. The new benefit starts to roll out in Plymouth from 25 January and as a result of this national policy, Plymouth City Council has signed a delivery partnership agreement with the Department of Work and Pension (DWP) to support residents in the claim process. The agreement includes the provision of assisted support...
The New Year may not be very happy for hundreds of thousands of people in the South West, as research by Shelter reveals a fifth of rent or mortgage payers in the region are cutting back on winter heating and clothing to meet their housing payments. This is the equivalent to 500,000 people.
The study by housing and homelessness charity Shelter and YouGov shows the strain people in the...
Millions of bank customers across Britain stand to benefit by hundreds of pounds as nine major banks launch fee-free basic bank accounts from 1 January.
The accounts will be available to anyone who doesn’t already have a bank account, is ineligible for a standard current account or who can’t use their existing account due to financial difficulty.
Brian James, Divisional Director and Head of Office, Brewin Dolphin Plymouth, offers his thoughts on the financial market place.
The FTSE
The prospects for UK equities remain positive although, as with most risk assets, the volatility is likely to be more pronounced as the reassuring warmth of quantitative easing is replaced by the harsh reality of market forces. However,...
