Hong Kong has traditionally been seen as a tax haven and the financial hub of Asia, if not the world. The island is well-known for its no and low taxation on foreign residents and corporations. However, the last six months of social and political unrest in Hong Kong has begun to take a toll on […]
We’re excited to announce we’ve rebranded! Or to be precise, we’ve overhauled our identity to better reflect our values, which haven’t changed a bit. The eagle-eyed amongst you may have spotted our new logo and website, but underneath, we’re still Turner Little. And we’re still combining entrepreneurial ideas with obsessive legislative rigour. Over the past […]
The Secretary of State for International Trade Dr Liam Fox has announced the Government’s plan to support UK businesses that export products, and the companies in their supply chains. This financial support package is specifically aimed at small and medium sized enterprises (SMEs) in the UK and is being hailed as a ‘gamechanger’ by the […]
Good news for SMEs – HSBC UK has doubled its original SME Fund, boosting it to £12 billion. The money helps companies to grow, and this is the fifth year this cash is being made available to SMEs. Total funds committed to SMEs by the bank between 2014 and 2018 now reach £46 billion. Overseas […]
Banking in 2018 is a minefield. Consumers are disenchanted, emerging FinTech technologies are disrupting the industry leaving traditional banks contemplating their place in an ever-changing, modernising field. Turnerlittle.com took to investigating the business priorities of global banks in 2018, to better understand what our banks are doing to restore customer faith – and the sector. […]
A lot has been written about the relationship between traditional banking and FinTech. The most common thought? The astounding rise of the world’s FinTech market and how it will affect the banking industry. The general opinion is that the constant progress of FinTech will one day spell the end of the banking system as we […]
Foreign direct investment assets capture the investments made by UK-based companies abroad and per the newly released GOV report, UK FDI Investment, Trends and Analysis: 2018 these assets have been on an upward trend since comparable records began in 1987. However, the value of UK FDI assets saw little growth from 2011-15, at the time […]
The newly released Gov report UK FDI Investment, Trends and Analysis: 2018 dictates growth in the value of foreign direct investment (FDI) positions held in the UK by overseas investors (FDI liabilities) exceeded that of UK FDI positions held abroad (FDI assets) in 2016. In turn, the UK’s net FDI position falling from £50.8 billion […]
The UK saw an alarming increase of borrowing in 2017, compelling the Bank of England to issue a warning about the risk of rapidly rising debt to the UK economy. But this warning was related to consumer borrowing and so far, the UK economy seems to be unaffected. Moreover, there has been a higher-than-expected growth […]
Open Banking is the new digital innovation sweeping UK banking services, which could contribute more than £1billion annually to the UK economy. Open Banking is the UK’s implementation of the EU’s Revised Directive on Payment Services from 2015. There will be various measures introduced, but the main one being banks will now be able to […]