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Industry news
How the care sector can prioritize promoting wellbeing in the workplace
When you think of care workers, you might be struck with images of selfless, generous individuals always prioritising the needs of their care recipients. And while the workforce is made up of hugely compassionate individuals, you can’t continue to pour from an empty cup. Many of the current workforce were the key workers who supported […]
Growing your business
The making of a merger: Why IFAs are consolidating expertise and combining skills to help their clients grow
When it comes to supporting businesses as they grow, we’re interested in more than just your name and your revenue. Our decision-making process gets to know the people behind the numbers, finding out why they decided to take on debt financing, why now and where they are headed. There’s a story behind the journey to […]
Industry news
Growth in fitness – why physical gyms are seeing more gains
There’s the adage that a healthy body brings a healthy mind, but increasingly, we’re seeing this also means a healthy bottom line for fitness businesses. We’re currently witnessing one of the biggest booms in the health space, as the UK fitness industry’s market value has reached an all-time high in 2023. But what can […]
Senior living
Insights from the care sector: OakNorth’s continued commitment and appetite for support
The care sector has seen significant upheavals over the last five years due to the pandemic, Brexit, the war in Ukraine and the UK cost of living crisis. Yet, despite these tests, the sector has been hugely resilient and shown a lot of potential for growth. OakNorth’s resident care expert, Debt Finance Director Stuart Blair, […]
Business development
Why family businesses succeed
Generations of families are behind some of the world’s largest businesses, like Walmart, BMW and Mars. They lead the way in many countries, making up over 85% of private sector businesses in the UK, 67% of companies in Australia, and 87% of American companies are family-owned or controlled. And, while most family-run companies don’t have the extreme drama of the […]
Industry news
The rise of the warehouse — how businesses are expanding their storage and distribution efforts
With changing online shopping habits post-pandemic and a major shake-up in UK distribution lines post-Brexit, it’s no wonder that warehousing and storage companies are on the rise. Many businesses are looking for answers to their growing fulfilment needs, and both national and regional centres are stepping up to meet this demand.