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BoE: banks gathering interest in UK SMEs 17 December, 2014 | By Brian Cantwell
The Bank of England's agent report for December has found that the central bank is seeing a rise in traditional lending to SMEs.
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IASB and FASB fail to converge on lease accounting
Friday, December 12, 2014 by Isabella Grotto Despite years of attempts, complete convergence on lease accounting has ultimately failed to materialise, as the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) prepare for their final meeting on lease accounting next month.
Fleet Friday: going off road
Friday, December 12, 2014 The weekly round up of fleet news. This week featuring Jaguar Land Rover plans in the market, Alphabet making a parking partnership, Lex counting the costs of poor driving and more
Lending Club shares jump 65% on US market float
Friday, December 12, 2014 by Brian Cantwell Shares in P2P market lender Lending Club jumped 65% to $24 (€19.3) per share last night after its New York Stock Exchange (NYSE) launch yesterday, valuing the firm at nearly $10bn.
LDF receives principal status from UK regulator
Thursday, December 11, 2014 by Brian Cantwell UK commercial finance group LDF has been approved by UK regulator the Financial Conduct Authority (FCA) to help UK SME finance brokers manage regulatory responsibilities under the FCA consumer finance regime.
UK gov’t consultation on Small Business Bill opens
Wednesday, December 10, 2014 by Brian Cantwell A UK government consultation on legislation which will dramatically improve SMEs' access to finance opened last Saturday.
Compliancy Services: FCA to cost consumer finance firms £100m by 2020
Wednesday, December 10, 2014 by Jonathan Minter Consultancy Compliancy Services (CS) has estimated that a combination initial outlays and year-to-year compliancy costs will mean the Financial Conduct Authority (FCA) could have cost consumer finance firms, including those in the motor finance industry, as much as £100m (€126.5m) by 2020.
Shawbrook said to eye 2015 stock market flotation
Wednesday, December 10, 2014 by Brian Cantwell Following in the wake of the Autumn Statement, British challenger bank Shawbrook has appointed consultants Bank of America Merrill Lynch (BoAML) and Goldman Sachs to advise on a possible initial possible offering (IPO), according to media reports.
British Business Bank: SMEs should look to asset finance
Tuesday, December 09, 2014 by Brian Cantwell The British Business Bank (BBB) has commended asset finance as a solution for UK SME growth in its first annual report on the UK small business market.
Soc Gen, BNP Paribas and DLL win big at Leasing Life awards
Tuesday, December 09, 2014 by Brian Cantwell Société Générale Equipment Finance, BNP Paribas and DLL had reasons to celebrate as Leasing Life held its annual conference and awards ceremony in Polish capital Warsaw on the 26th November.
SME finance comparison site Co.Hub targets asset finance
Friday, December 05, 2014 by Brian Cantwell An ex-Money Supermarket employee has launched a price comparison site aimed at SME finance options in the UK.

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