Tag Archives: UK businesses

UK Businesses Embracing Open Banking Report Significant Time and Cost Savings

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) According to a survey by Payit™ by NatWest, two-thirds of larger UK businesses are familiar with open banking, with users reporting an annual time saving of 150 hours compared to non-users. Business leaders utilizing open banking in their … Read the full press release

Barclays Launches Demo Directory: A Game-Changer for UK Businesses Seeking Investment

(IN BRIEF) Barclays has introduced the Demo Directory, a novel online platform that allows UK businesses to connect with potential investors, regardless of their banking affiliation. This free service aims to simplify and expedite access to capital, offering opportunities for … Read the full press release

Lloyds Bank survey: UK businesses demonstrated incredible resilience over the pandemic period, case studies

Business across the UK (48%) report that the pandemic sparked a wave of creative thinking. Manufacturing firms were the most likely to adapt through changes to their operating patterns (28%) and expanding the product offering (22%). London (63%) and North … Read the full press release

Lloyds Banking Group helped more than 6,000 UK businesses to start trading overseas in 2016

LONDON, 07-Dec-2016 — /EuropaWire/ — Lloyds Banking Group has announced that it has helped more than 6,000 UK businesses to start trading overseas so far this year – firmly beating its 2016 target and providing a boost to the Government’s drive … Read the full press release