AeroCity Group, a subsidiary of Avia Solutions Group, leading aviation business group, has successfully completed the sale of the group’s administrative office located at 21A Dariaus ir Girėno street in Vilnius. The building was purchased by the Finnish real estate investment fund Titanium Baltic Real Estate. The financial details of the transaction have not been disclosed to the public. Following the completion of the transaction, Avia Solutions Group remains the sole tenant of the 10,800 square meters building through a long-term lease agreement. “We are delighted to have received recognition from foreign investors who appreciate the success of our well-developed…
Author: News Team
A wholly-owned deVere Group company has been confirmed as the lead pension adviser for UK Members of Parliament (MPs). From a wide selection of retirement and financial advisers in the highly competitive and regulated UK market, WPS Advisory has been handpicked to deliver tailor-made advice to members of the MPs’ pension scheme. The team from WPS will provide guidance, modelling and opportunities for British politicians within the scheme in order to help them achieve their long-term financial goals in retirement. Nigel Green, CEO and founder of deVere Group, comments: “The choosing of WPS to advise the UK’s official elected representatives…
UK GreenTech disruptor ISB Global set for international expansion by joining Global Incubator Programme The programme is organised through scale-up specialists, UK Research and Innovation ISB CEO says UK GreenTech sector is “set to be the world leader” UK-based recycling and waste management software innovators, ISB Global, has joined UK Research and Innovation’s (UKRI) Global Incubator Programme. Their involvement with the programme signals the potential for the UK to become the world’s leading exporter of GreenTech. ISB Global secured its place on the Global Incubator Programme following their involvement with the EDGE Scaleup Programme, a separate UKRI programme designed to support…
Global investors should remain open to India’s enormous potential, despite the heightening crisis engulfing the Adani Group, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The observation by Nigel Green of deVere Group comes as MSCI, the global index provider, is set to change its weightings for Adani Group shares after assessing how many shares can be freely traded. It follows earlier this week mass protests by India’s opposition parties who are demanding a probe into allegations by a U.S. short-seller against the conglomerate, which triggered the Adani Group of companies…
Britain’s beleaguered businesses are watching over half a BILLION pounds go down the drain by failing to switch water supplier, they have been cautioned. The warning comes as water bills are set to see their sharpest spike in two decades. Businesses are on the brink as skyrocketing inflation and shocking rises in energy costs have brought the SME economy to its knees. Analysis by leading business utilities marketplace Love Energy Savings shows that switching saves firms an average of £450. Yet data from industry regulator Ofwat demonstrates that just five per cent of business customers switch or renegotiate on average…
Valentines Day can be a goldmine for businesses, with data collected from takepayments’ card terminals running up to the 14th February 2022, finding that: Customers made around 216,000 purchases through takepayment systems in the week before Valentine’s Day Almost £5 million was spent through takepayment terminals over the week (an average of £23 per person based on Finder’s estimated average spend per person) 22% of these transactions were made in bars or restaurants and hospitality is the clear winner in terms of Valentine’s sales Jodie Wilkinson (Head of Strategic Partnerships at takepayments) has supplied the comment below about how businesses can best capitalise on Valentine’s Day: “The data regarding restaurants and bars shows the…
Bob Eco’s solar branch reaches out to consumers to start considering solar energy as a durable and cheap alternative to grid energy. The continued rise of energy costs can be a significant burden on household and business budgets. To combat this trend and ease the financial strain, taking control of energy expenses is crucial. One effective solution is utilizing solar power. Installing solar panels enables consumers to generate electricity, reducing the amount necessary to purchase from the utility company and ultimately pulling down monthly electricity expenses. Understanding High Energy Costs Key factors that contribute to the height energy costs Energy…
Investors are increasingly using financial incentives to encourage sustainable and ethical business practices, a new report has found A survey of major real estate investors found that 55% are incentivising staff to pursue better environmental, social and governance (ESG) practices, a 12% increase on last year. The annual Insights Into Real Estate Investment Sustainability Survey (IRIS), conducted by climate risk company Evora Global, also found that the biggest property investors were the most advanced at incentivising ESG. Sonny Masero, chief strategy officer at Evora Global, said that ESG analysis and data is on the rise across the investment world and that…
Rates rise 0.5% to 4.0%. The MPC voted 7-2 in favour of the rise, with 2 members voting in favour of keeping rates at 3.5%. Market expects rates to peak at 4.5% in mid-2023, before falling back to 3.25% in three years’ time. Inflation is expected to fall sharply through 2023, falling below 2% within three years. The Bank believes the UK avoided a recession in 2022, with 0.1% growth in Q4. Recession in 2023 is expected to be far shallower than forecast in November. GDP to fall 0.5% in 2023 vs a fall of 1.5% in the November 2022 forecast. Jonathan…
Online payday loans have become increasingly popular to deal with unexpected expenses, make urgent payments, and tide borrowers over in the short term. The money is sent directly into your bank account to be spent as required and then repaid with interest in the following days or weeks. Depending on your financial situation, acquiring an online payday loan might be an ideal solution. Here are the key benefits of getting an online payday online. 1. Fast and easy application process One of the main benefits of online payday loans is that they are easy to apply for and don’t take…
