Stuart Lynn

🚀 Accelerating the ambitions of UK smaller businesses Our Growth Guarantee Scheme has reached £2.5bn in total lending, enabling smaller businesses across the UK to invest, expand and thrive. 📍 69% of this lending has reached businesses outside London and the South East 📍 £270m+ has supported businesses in the North West alone 📍 Over £633m has been provided to companies under five years old Chancellor of the Exchequer Rt Hon Rachel Reeves said: "The Growth Guarantee Scheme has made a huge impact on our regional economies, helping smaller businesses across the UK to invest and grow, creating jobs and putting more money in people’s pockets." Launched in July 2024, Growth Guarantee Scheme can be accessed via accredited lenders and provides crucial financing through term loans, overdrafts, asset and invoice finance, supporting up to £2m per facility. 👉 Click through for the key highlights of this milestone. 

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PEAC Solutions UK has announced two senior appointments as it continues to expand its technology financing division in the UK. Paul Fletcher has joined the company as Channel Tech Manager, bringing more than 20 years of experience across IT and automotive leasing. In addition, Jordan Lisle has been appointed as Channel Tech Director, where he will lead PEAC Solutions’ newly established technology team. Read more at: https://lnkd.in/ep8x7R52

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We’re really pleased to have gone live with a new service to support The Insolvency Service in recovering money for the benefit of creditors and the UK taxpayer. The contract was awarded through the Crown Commercial Service Debt Resolution Services (DRS) framework and is delivered by Sopra Steria Financial Services alongside our strategic partner, QUALCO UK. Craig Wilson, Managing Director of Private Sector at Sopra Steria, said: “By returning more money to the public purse we’re helping the Insolvency Service to continue its vital work supporting vulnerable employees and other companies in the wider ecosystem.” Georgina Maskell, Deputy Chief Operating Officer at the Insolvency Service, said: “This new partnership will mean that the Insolvency Service can continue to support those in financial distress and optimise returns to creditors. We look forward to working with Sopra Steria and their partners in the coming years.” Read more about our new partnership: https://lnkd.in/d5uBSv-4 Image description: white background with an image of Craig Wilson to the left. To the right is a quote from Craig that says: "We’re really pleased to have been selected to provide this important service alongside our partner QUALCO UK, which is helping to ensure that dishonest and fraudulent behaviour in the business world is held to account." 

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Monzo Bank has become the latest bank to join the MTD goldrush as the digital bank announces that sole traders and landlords will be able to file taxes directly to HMRC from their business bank account without the need for separate software. The filing tool, provided via a partnership with Sage Embedded services, supports the quarterly MTD submissions and end-of-year returns, starting from the 2026/2027 tax year. Monzo joins the likes of NatWest Group, Starling and Tide in the race to attract business bank accounts -- a recommended step in the MTD process. Full story in the comments below 👇

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Alongside Bank of England we've worked to rebuild and modernise a core component of the UK's financial infrastructure, marking a major milestone of a multi-year transformation programme. 🤝 The successful transformation of the Real Time Gross Settlement (RTGS) service has enhanced resilience, access, and functionality, as well as delivering new foundations for innovation. Find out more: https://accntu.re/4g1ncJM #UKBanking [Accessibility description: Photo of city lights, overlaid with title 'Bank of England and Accenture announce renewal of the Real-Time Gross Settlement Service', with an Accenture logo in the bottom right.]

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Open banking was covered widely at this week's Labour Party Conference, with widespread recognition of its critical role in powering UK economic growth and innovation. A standout moment was our Policy Director, Luke Ryder joining a fintech panel alongside Luke Charters MP, TrueLayer’s Megan Coulson, Financial Conduct Authority's Sacha Sadan, and Startup Coalition’s Charlie Mercer. The discussion explored: ✅ The journey OBL is supporting with industry and regulators to secure a long-term framework for open banking; ✅ How we can accelerate progress towards Open Finance to unlock benefits for consumers, businesses and the wider economy; ✅ The growing collaboration across the ecosystem to make this vision a reality. We were also pleased to participate in Innovate Finance and EY’s roundtable on Tech’s Plan for Change, where open banking was highlighted as a prime example of UK-led innovation. Attendees welcomed the move towards a sustainable, long-term model that supports the full ecosystem and enables continued growth. OBL remains committed to working with industry, policymakers, regulators, and consumer and business representatives to support this flourishing UK sector and ensure open banking continues to play a pivotal role in driving inclusive economic growth. #OpenBanking #OpenFinance #Innovation #FinTech #FutureOfFinance #Innovation #DigitalInnovation #TechInnovation The Labour Party

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Unlocking the full breadth of MPS data 💡 We’re excited to launch the MPS Universe in FE Analytics — a major step forward in delivering transparency and due diligence across the UK’s Managed Portfolio Services market. Advisers can now: 🔹 Access the full UK MPS dataset in one place 🔹 Benchmark consistently with new MPS Crown Ratings 🔹 Assess performance, charges and allocations with confidence 🔹 Generate reports and factsheets seamlessly This expansion makes FE Analytics a comprehensive MPS due diligence tool, helping advisers streamline research and demonstrate value to clients. ➡️ Learn more: https://hubs.ly/Q03KKG4m0 #MPS #FEAnalytics #FinancialAdvice #FEfundinfo

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How do you keep your culture intact when driving rapid growth under private equity investment? On this episode of our High Growth Leadership podcast, we’re joined by Rory McKeand, CEO of TSG. An enterprise-grade IT partner for SMEs, serving 1,500 clients with one of the UK’s highest NPS scores. David, Simon and Rory delve into: ✔️ How to protect culture, even through acquisitions, and why Rory walked away from deals mid-due diligence ✔️ The hidden toll of an MBO/PE deal cycle and how to prepare your team (and yourself) for it ✔️ Building a leadership bench: why every CEO needs deputies who can run the board without them ✔️ Scaling client success into a true growth engine and why TSG accepted short-term pain to get long-term NPS gains ✔️ What it really takes to go from £40m to £100m turnover in a PE cycle Every CEO faces the same challenge, which is amplified through investment, can you grow fast without losing what made you great? Rory shares how TSG have done just that. 🎙 Full episode live now, link in first comment.

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