Industry news

By Hemesh Patel, Director, Property Finance at OakNorth Last week, I published a blog looking at how the UK residential sector could be impacted by potential announcements in the Autumn Budget. Yesterday, the Chancellor delivered her Budget, bringing significant changes for property developers, investors, and SME housebuilders. These initiatives, which include adjustments to stamp duty, […]

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 […]

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 […]

We’re 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 […]

Silicon Valley Bank UK was a bank that took tech seriously and famously helped fledgling businesses soar to success. They believed in the tenacity and ambition of startups, while most other banks overlooked the promise of the new and sat securely in the comfort of the old.  ‘SVB UK customers can bank as usual’, says […]

It’s almost a cliché to talk about the importance of failure in entrepreneurship. The principle is simple: disasters (in business and elsewhere) offer lessons that are unpleasant enough to be unforgettable. This means the toughest defeats lead to the best thinking, and every jolt or upset offers a chance to reach an evolved mindset. Those […]