News

On Thursday 11 May 2023, the Bank of England announced a 0.25% increase in its base rate from 4.25% to 4.50%, a 15-year high. While rising interest rates may seem like a deterrent to investing and purchasing new equipment and commercial vehicles on finance, there are still several benefits to consider: Cash can literally be […]

Exciting news! We are thrilled to announce that we have won the prestigious Business Moneyfacts Award category ‘Asset Finance Broker of The Year’  This award recognises the hard work and dedication of our entire team in providing exceptional financial services to businesses across the country. The Business Moneyfacts Awards, which took place on Thursday 20th […]

There are several compelling reasons for businesses to invest in renewable energy assets.  As energy costs continue to rise, investing in renewable energy can provide your business with a measure of stability and predictability.  Another key reason is the environmental benefits they offer, as your business can significantly reduce its carbon footprint and help to […]

Why pay more tax than you need to? Full expensing lets you claim back 100% of the cost of qualifying plant and machinery all in one go. Save up to 25p for every £1 you spend. During the 2023 Spring Budget, the Chancellor introduced a new tax relief measure called “full expensing”, which allows companies […]

Snapshot of the Spring Budget 2023 Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. What will this mean to your business? Super Deduction TaxTo support the economy in response to coronavirus, the […]

Today is officially ‘Blue Monday’ which is claimed to be the most depressing day of the year. For anyone in business watching the news each night, it may feel that this year we have even more reasons to feel blue than normal. However, it’s worth remembering that many businesses have survived, and in cases actually […]

The government’s super-deduction tax scheme, which enables businesses to deduct up to 130% of the cost of assets from their taxable profits, ends on 31st March. The 130% Investment Allowance – what is it? The Government sought to encourage capital spending and boost productivity with this new allowance, which was announced in the 2021 Budget. […]

We are absolutely delighted to announce that we were winners at the Leasing World Gold Awards 2022 held at The Hilton Bankside on Friday 21st October. STAR Asset Finance Group were crowned ‘Top Asset Finance Broker’. We are so immensely proud of our team who work exceptionally hard to continually provide the highest possible service […]

We are delighted to announce that Kennet has been shortlisted in the “Asset Finance Broker of the Year” category at the Business Moneyfacts Awards 2022. The Awards take place on Thursday 28th April in London.

With the Government now committed to reducing all greenhouse gases to net zero by 2050, here at Kennet Equipment Leasing we are keen to support the move to carbon neutral businesses and sustainable energy. As one of the most ambitious carbon-neutral targets in the world, this project has been recommended by the Committee on Climate […]

By Fran Brown The electric car market is all charged up and surging ahead with dozens of new models coming to market. Fully-electric car sales took off last year with demand for battery electric vehicles (BEVs) growing by 185.9% to 108,205 units. Battery electric car registrations were 49% up, at 9,776 units, in the first […]

Carl Mainwaring at Mainway Fitness in Wales, has used Kennet to assist him acquiring his gym equipment since 2016. During that time, Kennet has helped with over 9 separate equipment orders, as Carl built his business up from the humble beginnings of the local community centre to the well-equipped premises he now has in Llansamlet, […]