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Previse raises $18M funding to accelerate SME working capital finance transformation

Previse has announced that it has closed the first phase of its Series B financing. The UK-based fintech has raised USD 18 million of new capital to expand the availability of its innovative ‘data-driven’ working capital finance solutions, designed for SMEs. The

18 hours ago

UK borrowing falls in April as inflation raises debt costs

The government borrowed £18.6 billion last month, £5.6 billion less than in April last year and below expectations. City economists had forecast borrowing of £18.8 billion and the Office for Budget Responsibility’s estimate was for £19.1 billion. However, it is the

19 hours ago

MPs pocket £13m from ‘second jobs’ with Theresa May and Sajid Javid leading the pack

The Conservative government abandoned in March plans to limit MPs’ earnings from any paid work they do outside their parliamentary role. Recent controversies such as the Own Paterson lobbying scandal had seen MP’s second jobs brought into disrepute. Interested in MPs’ external earnings, an analysis

19 hours ago

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