All articles by Sarah Brady

Sarah Brady

UK banks outperform Western European counterparts in pre-tax profits

Banks in the UK recorded £41.1bn in aggregate pre-tax profits in 2022, surpassing France’s £36.41bn, The Banker’s ranking found.

Time Finance funds engineering firm with £58.5k asset finance deal

DARL Engineering required assistance to acquire a specialised machine capable of manufacturing replacement engines for the Porsche RSR

GRENKE increases new leasing business in Q2

Expansion of German-based lessor reseller network to 34,000 is credited with the company’s growth in the quarter.

SAF funds £86m of modular projects in two years

Increased demand for modular construction finance projects has seen record amounts of funding provided by financier SAF Solutions.

Deal focus: Bibby acquires Aldermore’s Working Capital Finance division

The acquisition, part of Bibby Financial Service’s 4.0 strategy, will see BFS become one of the largest providers of construction finance.

EU and UK sign agreement on financial services

The memorandum of understanding marks a pivotal point in the UK’s relationship with the EU in the financial sector.

Finativ appoints new consulting director

Simon Potts will join Finative as consulting director, having previously spent over two decades as a
manager of IBM Financing.

Manufacturer Atlas Copco partners with PEAC Solutions

PEAC Solutions will provide funding to construction equipment, power tools, and assembly systems manufacturer Atlas Copco.

Simply Asset Finance opens Liverpool office

In addition to hubs in Glasgow and Belfast, the new offices will be for Simply Assets Finance business development executive team of four.

Alfa publishes paper on cloud services

The fourth installment of Alfa’s Innovation in Implementation series ‘Finding Success with Saas’ discusses different cloud deployment models.