Read the latest industry news, find practical advice on how to grow your business and smart tips to save for the future, all here on the OakNorth blog.
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Generations of families are behind some of the worldβs largest businesses, like Walmart, BMW and Mars. They lead the way in many countries, making up overΒ 85% of private sector businesses in the UK,Β 67% of companies in Australia,Β andΒ 87% of American companies are family-owned or controlled.Β And, while most family-run companies donβt have the extreme drama of the […]
With changing online shopping habits post-pandemic and a major shake-up in UK distribution lines post-Brexit, itβs 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.
Versions of artificial intelligence (AI) may have been around from the first computers of the 1940s, but when the advanced chatbot βChat GPTβ went viral in late 2022, the pace of AI development rapidly increased.
What does it take for a business to make a lasting impact in an industry? Weβve backed some of the most exciting pioneers in all kinds of markets and have taken inspiration from their innovative solutions to challenges. And one sector where exceptional service makes a massive difference is in specialist schools.Β With rising numbers […]
Versions of artificial intelligence (AI) may have been around from the first computers of the 1940s, but when the advanced chatbot βChat GPTβ went viral in late 2022, the pace of AI development rapidly increased.
Weβre over halfway through 2023, which means that the updates to the Domestic Minimum Efficiency Standard regulations (MEES) for all newly rented properties come into play in less than two years. The new efficiency standards for properties with existing tenancies will be enforced in 2028. Sounds like ample time for landlords to get to grips […]
In May 2023, we hosted a roundtable event with key business leaders and OakNorth customers to discuss the power of resilience in business. We heard directly from those who have had to adapt and become resilient both in businesses and government, as well as Heartwood Collection Executive Chairman, Mark Derry, and former Chancellor of the […]
As businesses look to take on funding for growth, expansion, or operational needs, accountants play a key role in helping to match them with a lending partner. This is why youβll need to place yourself in their shoes, and consider what questions they may have and how you can best support them. To help you […]