For small business lenders, whether or not a loan application is approved boils down to basic numbers. Basically, the debt-to-income ratio for your small business. In other words, how much of your small business’s monthly earnings are used to repay existing debt. As a small business owner, you need the documentation to prove your worth…
Representative AI image (Pic credit: Lexica) NEW DELHI: Extinction of bird species caused by humans over the last 1,30,000 years have substantially reduced functional diversity of birds in the environment, a new study has found. The extinction also resulted in a loss of three billion years of unique evolutionary history, it found. At least 600…
The average UK house price came close to reaching a record high last month as falling mortgage rates helped to boost confidence among buyers, according to Halifax. The UK’s largest mortgage lender said the average price hit £293,399 in September, just short of the record £293,507 reached in June 2022. Prices have now risen for…
Top minister John Healey refused multiple times this morning to answer basic questions about Sue Gray’s future, after her chaotic and humiliating dismissal as chief of staff yesterday. Ms Gray, who will now take on the newly-created job of ‘envoy for the regions and nations, departed Sir Keir Starmer’s right-hand side yesterday after weeks of…
I feel sad,’ says Lady Astor, referring to OKA, the upmarket interiors retailer she founded in 1999 I feel sad,’ says Lady Astor, referring to OKA, the upmarket interiors retailer she founded in 1999. The company went into administration in the US and into a company voluntary arrangement in the UK this summer. Lady Astor…
Inheritance tax rise will cheat our children, say entrepreneurs By Anne Ashworth Updated: 09:45 BST, 7 October 2024 A flat-rate lump sum levy that falls due each year could be the solution to the mounting challenges facing Chancellor Rachel Reeves in her Autumn Budget plan to squeeze more tax from ‘non-doms’. These are people whose…
CLSA believes that China presents the most significant self-help opportunity among emerging markets. (AI image) India vs China stock markets: The Chinese government’s aggressive measures to revive its markets and economy have captured the attention of foreign investors. Global brokerage firm CLSA has increased its exposure to China, reducing its overweight position in Indian equities…
An education technology company dubbed the “Spotify for textbooks” will this week announce a $20m fundraising led by Sir Terry Leahy, the former Tesco boss. Sky News has learnt that Perlego, a subscription-based digital library providing unlimited access to academic titles, will unveil its latest capital injection on Tuesday. New funding is also being committed…
Parents have reacted angrily to a school’s policy of refusing to authorise sick days related to period pain unless parents provided “related medical information”. Neal-Wade Academy in March, Cambridgeshire, also said it was no longer accepting explanations such as “unwell, poorly or ill” for it to authorise student absences. Some parents criticised the move on…
Iona Ballantyne, Jamie Murphy and Mark Atkinson review the Scottish Premiership action. Source link
