July 16, 2025 - 04:37
Total asset finance new business, which primarily includes leasing and hire purchase agreements, showed stability in May 2025, reflecting levels comparable to the same month in 2024. According to recent figures, the performance of the asset finance sector has proven resilient, with new business in the first five months of 2025 registering a modest increase of 1% compared to the same period in the previous year.
This steady performance in asset finance can be attributed to various factors, including consistent demand from businesses seeking to invest in equipment and technology. As companies continue to navigate economic uncertainties, asset finance remains an attractive option for facilitating growth and maintaining operational efficiency.
Industry experts suggest that the stability in new business levels could indicate a cautious optimism among firms, as they weigh their investment decisions amid fluctuating market conditions. The ongoing trends in asset finance will be closely monitored as businesses adapt to the evolving economic landscape.
October 19, 2025 - 04:04
Preparing for a Stress-Free Tax SeasonAs the year draws to a close, taxpayers are reminded that the upcoming tax season is just around the corner. While many may feel overwhelmed by the thought of filing, there are several proactive...
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Huntington Bancshares Exceeds Q3 Earnings Expectations Amid Regional Bank ConcernsHuntington Bancshares (HBAN) has reported a strong performance in its third quarter, surpassing earnings estimates. This positive financial outcome comes at a time when Wall Street is increasingly...
October 17, 2025 - 18:44
Rocky Mount Faces Financial Crisis, Resulting in Layoffs of Approximately 100 EmployeesThe city of Rocky Mount has announced the difficult decision to lay off around 100 employees, which constitutes more than 10% of its full-time workforce. This move comes as part of the city`s...
October 17, 2025 - 03:57
New Financial Leadership Structure Aims to Enhance Institutional PerformanceThe U has unveiled a revamped financial leadership structure designed to bolster its overall financial performance. This strategic move is expected to enhance transparency and streamline operations...