home about categories posts news
discussions archive recommendations faq contacts

Decline in UK Asset Finance Market Amidst Growth in Commercial Vehicle Sector

January 16, 2025 - 16:10

Decline in UK Asset Finance Market Amidst Growth in Commercial Vehicle Sector

The UK asset finance market experienced a notable decline of 4% in November 2024, according to recent data. While the commercial vehicle finance segment showed positive growth, other sectors, including new car and machinery finance, reported significant downturns.

The commercial vehicle sector demonstrated resilience, benefitting from increased demand as businesses seek to expand their fleets. This growth contrasts sharply with the new car finance market, which has faced challenges due to changing consumer preferences and economic uncertainties. The machinery finance sector also struggled, reflecting broader trends in manufacturing and investment.

Industry experts suggest that the decline in these sectors may be linked to rising interest rates and inflationary pressures, which have led to cautious spending among businesses and consumers alike. As the market navigates these challenges, stakeholders are hopeful that targeted strategies and innovations can stimulate growth in the asset finance landscape moving forward.


MORE NEWS

Unity Announces Financial Performance for Q1 2025

May 7, 2025 - 16:23

Unity Announces Financial Performance for Q1 2025

SAN FRANCISCO, May 07, 2025 — Unity, a prominent platform for developing and enhancing games and interactive experiences, has released its financial results for the first quarter ending March 31,...

China Lowers Key Interest Rate Amid U.S. Tariff Concerns

May 7, 2025 - 04:20

China Lowers Key Interest Rate Amid U.S. Tariff Concerns

In a strategic move to bolster its economy, China`s central bank has decided to cut a key interest rate as concerns grow over the impact of U.S. tariffs. The People`s Bank of China, led by Governor...

US Stock Market Declines Ahead of Fed's Interest Rate Decision

May 7, 2025 - 02:36

US Stock Market Declines Ahead of Fed's Interest Rate Decision

US stocks closed in negative territory for the second consecutive session as investors braced for the upcoming Federal Reserve interest rate decision. The Dow Jones Industrial Average, Nasdaq, and...

Global Business Leaders Embrace e-Invoicing Mandates for Financial Improvement

May 6, 2025 - 12:48

Global Business Leaders Embrace e-Invoicing Mandates for Financial Improvement

A recent study has revealed a significant shift among global tax and finance leaders towards the adoption of e-invoicing. The research indicates that a remarkable 79% of business leaders worldwide...

read all news
home categories posts about news

Copyright © 2025 Coinlyt.com

Founded by: Eric McGuffey

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy