All articles by Brian Cantwell

Brian Cantwell

GE: UK SMEs plan 737,000 jobs in the next year

GE Capital research shows businesses are entering the skills investment phase of the capex lifecycle, fuelling productivity as investment in capex lowers to a steady £37.9 billion.

Close Brothers credit ratings upgraded by Moody’s

Close Brothers has had an upgrade of its credit ratings by Moody’s Investors Services.

UK gov’t sells £500m stake in Lloyds bank

The government has sold another £500m of Lloyds Banking Group shares through the trading plan launched in December 2014, with the government’s shareholding in Lloyds now below 20%.

Asset finance up 27% to £3.1bn in March

Figures released by the Finance & Leasing Association (FLA) show growth of 27% to £3.1 billion in asset finance new business in March 2015, compared with the same month a year earlier, and 19% growth in Q1 2015 overall.

Tower Leasing acquired by Acuity Investments

UK leasing firm Tower Leasing has been acquired by Acuity Investments for an undisclosed amount.

ANZ to sell Esanda Dealer Finance business

Australia and New Zealand bank (ANZ) has said it will sell its car and equipment finance business, Esanda Dealer Finance, which local news reports have put a value of A$2bn (€1.4bn).

Investec go all out on UK cricket club deal

UK cricket club Yorkshire County Cricket Club has leased floodlight equipment for its grounds at Headingley with a £700k asset leasing facility provided by Investec asset finance, as part of a £1.25m installation.

Construction sector turnover up 21% since crisis to £218 billion

The total turnover of the UK construction sector has jumped another 6% in the last year to £218 billion (€244bn), and is now up 20.7% on its £180 billion low during the depths of the recession in 2009-10, according to BNP Paribas Leasing Solutions.

Nelson joins Metro Bank invoice finance

Metro Bank has appointed John Nelson as head of invoice finance at Metro Bank SME Finance.

Oliphant in major moves at Hitachi

Hitachi Capital Vehicle Solutions (HCVS) chief executive Simon Oliphant will head a new strategy office for Hitachi Capital, as the lessor pushes for growth for the division in Europe.