ITFA’s Post

🎉 Incredibly proud of our Canadian MainMicro team for making the list for the third consecutive year! 🇨🇦 Your dedication, innovation, and hard work continue to inspire us all. Let’s keep pushing boundaries and achieving new heights together! 🚀 #ProudLeader #Teamwork #Innovation #CanadianExcellence #GrowthMindset #TogetherWeWin #Leadership #Success #BusinessGrowth #Entrepreneurship

'Critical Middle’ companies are key to the economy - so why do they have no voice 🤔 NatWest recently published a report on the role of mid-corps in driving prosperity. These firms (turning over £25-£500 million) provide a £1.3 trillion market. Yet they had not been officially grouped - until now. As one manufacturing boss told researchers: "MMCs are a neglected part of the economy . . . our sector tends to be without a voice." MMCs present a clear opportunity for growth, the report finds. Researchers calculate that just 1% in the sector would add £115bn to UK business turnover by 2030. So what’s holding these dynamos back? There are several barriers. And two of them align closely with priorities of the East Midlands Chamber (Derbyshire, Leicestershire, Nottinghamshire)’s own manifesto for our region. Full post ➡️ https://lnkd.in/dVKTanck

Choice International Reports Impressive Q1 Performance with 50% Rise in Profit https://lnkd.in/dmq2qFZm #ChoiceInternational #FinancialServices #ProfitGrowth #RevenueIncrease #Q1Results In a standout quarter, Choice International reported a 50% surge in Profit After Tax (PAT) to Rs 32 crore, marking a significant milestone in their financial journey. Bolstered by a 48% year-on-year increase in total revenue, reaching Rs 205.9 crore, the firm's strategic investments and operational efficiencies have solidified its position as a leader in the competitive financial services sector. This stellar performance underscores Choice International's commitment to delivering value and sustained growth in dynamic market conditions.

More Welsh businesses are expecting profitability growth in 2025 than they did entering 2024. The Lloyds’ Business Barometer reveals that more than three quarters of firms (79%) are confident they will be more profitable in 2025, up from 69% polled in December 2023. Meanwhile 73% of businesses expect to see their turnover increase in the year ahead. Nearly a third (32%) of these expect to see their revenue rise by between six and 10% over the next 12 months, with over a quarter (26%) expecting it to grow by even more. Read more: https://lnkd.in/emnibCR9 #DBF

Welsh companies expect to be more profitable in 2025, according to a survey by Lloyds Banking Group , with comment from Samantha Noble Insider Media https://lnkd.in/etEMHzTc

In today's edition of Business News Wales, a fund to support supply chain businesses and workers affected by changes at Tata Steel’s Port Talbot site is set to receive a £15 million boost. We have 2 guest columns from Ken Pearce of Lunia 3D 🏴󠁧󠁢󠁷󠁬󠁳󠁿discussing why 'Why Cardiff is the Perfect Base for a Growing Business' and Sarah Kocianski of FinTech Wales discussing 'How Wales is Creating a Global Stage for Fintechs' We showcase our third podcast from our Newport Business series highlighting 'The Future for Newport City Centre' with guest Rt. Hon. Professor Carwyn Jones Other contributions and mentions include; Jo Stevens, The Skills Academy, Lloyds Banking Group, Sharon Doherty, Chris Sutton, Cyngor Sir Ynys Môn | Isle of Anglesey County Council, Stena Line, Dan Lewis, Uchelgais Gogledd Cymru | Ambition North Wales, RWE, Dr. Sopna Sury, Henry Tufnell, Wrexham University, Cardiff Council, Huw Thomas, Matthew Hyde, Clockwise, Aline Moreira Gonzaga https://lnkd.in/dPTMqKd

upday (an Axel Springer company) published an article mentionning Creditreform Köln, member of the BIGnet Alliance. 👉 "[...] The number of over-indebted people in Germany has fallen by 94,000 to 5.56 million this year, as announced by the credit agency Creditreform. This is the lowest value since the evaluations began in 2004.[...]" Find out more by clicking on the link below. (German speakers only) https://lnkd.in/em93Ee7A #ThinkBIG #FinancialHealth #DebtReduction

WRISE Group has unveiled WRISE Prestige Middle East, expanding its private banking services to clients with a $1M investment threshold. This segment builds on the success of WRISE Prestige Hong Kong, catering to underserved HNWIs seeking transparent, tailored investment solutions. Derrick Tan, WRISE Group Executive Chairman, calls this launch a key step toward building a comprehensive wealth management ecosystem.    Click here to read more: https://lnkd.in/g7VQJUeC    #WRISEPrestige #FamilyOffice #WealthManagement #Dubai

Research published by abrdn on how to encourage retail participation in capital markets has found that UK investors allocate just 8 per cent of their investments into equities and mutual funds. This is the lowest share across all G7 countries and compares to 33 per cent in the US and an average of 14 per cent across the remaining five G7 nations.   Dame Julia Hoggett, CEO of LSE plc and Chair of CMIT - Capital Markets Industry Taskforce, commented, “If you look at the world’s leading capital markets they all have one thing in common - a strong domestic investor base that supports their domestic capital market, which in turn supports their domestic economy. This includes both institutional and retail investors. Over the past 20 years, however, we have seen the removal of many policies in the UK that would have incentivised that domestic support from retail investors, or in the case of stamp duty the maintenance of a tax that actively penalises retail for investing in the UK.   “abrdn’s report highlights the pressing need for a solution to this. Improved routes to entry, more accessible financial advice and education, and increased incentivisation through regulatory and policy reform can drive greater retail investment in the UK market and into the next generation of growth companies in the UK - ultimately giving UK retail a bigger stake in the growth of the UK economy.”   You can read the full abrdn report here: https://bit.ly/40mm2Cp   Learn more about CMIT here: https://bit.ly/4abpJ1k, and read our report on the ‘Capital Markets of Tomorrow’, including the importance of incentivising retail participation, here: https://bit.ly/3DKkLMO