Blimey set to expand following No vote

The independent specialist financial broker wants to recruit a sales team to increase its reach in Scotland, London and the south of England.

Alistair Ewing, owner of Blimey Loans, said: “We’ve been planning to expand for some time but the uncertainty surrounding the referendum forced us to put this investment on hold until we had some clarity about the Scottish economy, its currency and whether investment in the country was a viable business decision.

“Within the industry we had heard rumours about a major secondary lender planning to immediately pull out of the market if independence was selected.

“It goes without saying that this could have had significant and damaging ramifications for our industry and whether or not we could operate from Scotland, yet alone invest in it further.

“I’m a proud Scotsman, but that doesn’t mean I can’t also be a proud Brit. I think we are strongest together. I know my business is, which is why we’re thrilled to remain part of the UK and announce this investment in our Scottish operation.”

Blimey Loans will exhibit at the Financial Services Expo at Old Billingsgate, London this week.