Tag: HSBC UK

SHELTER’s latest campaign reminds us a home is more than a roof over one’s head

Stuart Mitchell

What is the definition of a home? For many people, it’s four walls and a roof over one’s head. But homelessness charity SHELTER is aiming to challenge this common misperception with a hard-hitting campaign revealing the grim realities of the temporary accommodation that thousands of families are stuck in. Many people are stuck in accommodation that is mould-infested, cramped, noisy and devoid of basic facilities for cooking, heating or washing, they may be houses – but they’re certainly not homes.  Created by DUDE London and supported by HSBC UK, the…

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Wrightbus Seals £150m Deal With HSBC UK To Support Global Expansion Plans

Stuart Mitchell

Leading zero-emission bus manufacturer Wrightbus has secured a £150m finance package from HSBC UK as it prepares to ramp up production and decarbonise transport fleets worldwide. The deal sees Wrightbus more than double its existing funding and underlines its ambitions to become a global mobility leader, with sales from Ballymena to Brisbane. Rescued from administration in 2019 by entrepreneur Jo Bamford, Wrightbus now employs more than 2,300 people and produces 1,200 buses per year – 95% of which are zero-emissions[1]. HSBC’s funding features hedging and working capital support. The package…

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HSBC UK teams up with tennis star to serve financial literacy for children

Stuart Mitchell

New research from HSBC UK has identified a generation of young savers interested in becoming more financially literate. More than half of youngsters (51%) aged 6-14 feel it is important to save money for the future, with 55% aspiring to own a house, according to the survey conducted by YouGov on behalf of HSBC UK. The new insight comes as HSBC UK re-launches its children’s book, ‘Fairer Tales: Princesses doing it for themselves’ in partnership with professional tennis player, Emma Raducanu. The research found six in ten children (61%) said…

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HSBC UK launches £500M Green SME Fund

Stuart Mitchell

HSBC UK has announced the launch of a £500m Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between USD750 billion and USD1 trillion of financing and investment to support its customers over the next 10 years. While the sustainable finance market has predominately focused on larger corporations, small and medium-sized enterprises are increasingly being described as the ‘new front’ in the battle against climate change. The new £500m…

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HSBC UK pledges £2m to support 30 new Stormzy Scholars at the University of Cambridge over next 3 years

Stuart Mitchell

A further 30 Black students are to receive a £20,000 per year scholarship to study at the University of Cambridge following a new philanthropic partnership between HSBC UK and the #Merky Foundation, the UK charity founded by British musician, Stormzy. The scholarships will fund the tuition fees and maintenance costs (equivalent of £20,000 per student each year) for 10 new students each year over the next three years, for a degree course of either three or four years’ duration. The combined support of HSBC UK, the #Merky Foundation and an…

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