Able Waste, a Croydon-based waste management company, has secured a £300k CBILS loan from Santander UK. The loan has enabled the business to continue to trade and to retain staff through a challenging period of uncertainty. The company, which was founded in 2012 and employs over 30 people, provides skip hire, waste collection and waste […]
Research from Signicat, the Trusted Digital Identity™ company, has revealed that 41% of consumers across Europe have been unable to access new financial services thanks to a combination of pandemic lockdown restrictions and lack of access to digital options. The research of over 4000 consumers also discovered that two-thirds expect improvements following these poor experiences. […]
Shops in England reopened 15th June, in Northern Ireland 12th June, in Scotland (mostly) 29th June, and in Wales 22nd June. UK footfall decreased 49.6% year on year during the third week of reopening in England and NI. This compares to a decrease of 53.4% year on year for the previous week. Footfall on high […]
Despite a worsening economic outlook, research among SMEs shows a marked rise in confidence over the last two months. UK200Group, comprising 600 legal and accountancy partners across the UK, surveyed over 400 SMEs in a variety of sectors at the end of March and the end of June. Only 13% are concerned about survival, compared […]
Aspen Bridging has reported June 2020 to be one of its best months on record, approving £294m of deals across 382 cases. The figures are up from £107m across 219 cases in May 2020, representing a 175% and 74% increase respectively, while the business also achieved even greater growth of 301% in new lending month-on-month. […]
The government is reportedly considering a reduction to the rate of VAT to encourage people to spend more. But, says accountants and business advisers Kreston Reeves, EU regulations will limit the Chancellor’s hand. Rupert Moyle, a partner and head of VAT at Kreston Reeves explains: “As we all know, the standard rate of VAT is […]
Between now and 2025, 37% of people in work expect the number and value of fines faced by employers for data breaches to increase – with 6% anticipating a dramatic rise. Just 3% anticipate a fall. The findings, which are from DSA Connect, an IT asset disposal company that specialises in the permanent deletion and […]
A new survey from SteelScout has found that more than 60% of professionals in the manufacturing industry expect the sector to recover from Covid-19 and return to business as usual by mid-2021. However, they highlighted issues in the wider supply chain which might impact the recovery, with almost 30% unable to access the materials they […]
Four in ten UK shoppers (38%) abandon a purchase at least once a week, with a fifth (21%) claiming to do so more regularly. That’s according to new research by Klarna and BigCommerce, published today with a call for retailers to prioritise shoppers’ most fundamental needs for the sake of their bottom line as the […]
The Institute of Financial Accountants (IFA) is cautioning small businesses to check that their accountant or accountancy practice is qualified to give advice, to avoid making ill-informed choices or potentially even committing unintended fraud. Recent findings have revealed it is not so widely known that anyone can call themselves an “accountant”, as shown by research […]
