All articles by Peter Johnstone
Peter Johnstone
NACFB appoints Grimshaw as chairman
The UKs National Association of Commercial Finance Brokers (NACFB) has appointed Fiducia Commercial Solutions Marcus Grimshaw as chairman for 2013 and 2014.
UK asset finance down in November, up for the year
Overall asset finance provided by Finance & Leasing Association (FLA) members in November 2012 was down by 7% year-on-year, but there were more positive figures for the year as a whole.
SME outlook hesitant for Q1
Just one third of SME owners expected their business to expand in the six months to the end of March, despite indicators that UK business health is improving.
Basel III liquidity deadline extended
The oversight body of the Basel Committee on Banking Supervision has extended the deadline on 100% liquidity requirements by four years.
PCFG looking for £10m acquisition
Commercial asset and non-prime vehicle finance provider Private & Commercial Finance Group is looking to make an acquisition in the region of £10m, among a string of new investments following its recent share issue.
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Turkey goes operational
Legislative change and taxation reform mean the Turkish leasing market is expecting big investment and strong growth, discovers Peter Johnstone
Fleet Friday: LeasePlan Italian deal, Lex and Siemens, Toyota appointment
This week’s fleet news, including Leaseplan buying BBVA’s Italian business, Lex’s green initiative for Siemens, and a new fleet remarketing manager at Toyota.
Funding Circle gets £20m in government funding
UK Business Secretary Vince Cable announced £55m of SME funding will be made available to four finance suppliers through the Business Finance Partnership (BFP).
Autumn Statement: Rise in Annual Investment Allowance not enough
The UK Chancellors decision to increase the Annual Investment Allowance (AIA) from £25,000 to £250,000 in his Autumn Statement has received a lukewarm reception from the leasing industry.
Tax cuts top of Christmas list for UK SMEs
Tax cuts would be the best way to stimulate SME growth in the UK, according to a survey by commercial finance broker Hilton-Baird Financial Solutions.