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MSP Capital's New Low Rates, UK Startups Raise £5.4B, Pennant Intl Reports 13% Revenue Boost
Manage episode 425518253 series 3522529
Kandungan disediakan oleh The Business Magazine. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh The Business Magazine atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
These are the top stories making the headlines across The Business Magazine website today:
MSP Capital launches lowest bridge rate for two years with £50m tranche
MSP Capital has introduced a £50 million tranche allowing developers to access development exit bridging loans at 0.8% per month, the lowest rate since 2022, to support smoother project completions and transitions.
Full story here: https://thebusinessmagazine.co.uk/corporate-finance/msp-capital-launches-lowest-bridge-rate-for-two-years-with-50m-tranche/
UK startups have raised £5.4bn in VC funding since January, finds GlobalData
UK startups have raised £5.4 billion in venture capital funding across 497 deals since January 2024, marking a 1.6% year-on-year growth in funding value despite a 17.3% decline in deal volume, according to a GlobalData report.
Full story here: https://thebusinessmagazine.co.uk/corporate-finance/uk-startups-have-raised-5-4bn-in-vc-funding-since-january-finds-globaldata/
Gloucestershire’s Pennant boosts revenues 13 per cent
Gloucestershire’s Pennant International Group plc reported a 13 percent increase in annual revenues to £15.5 million for 2023, driven by new chairman Ian Dighé's leadership.
Full story here: https://thebusinessmagazine.co.uk/corporate-finance/gloucestershires-pennant-boosts-revenues-13-per-cent/
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