A group of popular Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the Covid-19 pandemic. The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned […]
The latest monthly CIPS manufacturing PMI today reports an above neutral measure in June at 50.1. This marks a welcome return to positive sentiment. It also adds credence to short term opportunities to bolster and strengthen the prospects of the manufacturing sector, and those whose supply chains rely on it, according to leading audit, tax […]
Paragon Bank is continuing its support of the UK’s small to medium sized companies, lending over £5 million through the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) in just over one month. Paragon began lending through CBILS on 27 May 2020 and has seen particularly strong demand from companies in the construction and manufacturing sectors. […]
A Porth-headquartered utilities business is set for significant expansion as it looks to double sales in the next two years. Arch Drainage, which provides advanced diagnostics and drain repair services for businesses and local authorities across Wales and the South West, aims to boost its turnover to £3.9m by 2022. The expansion plans will see […]
The UK manufacturing sector showed signs of stabilising in June, following the recent steep downturn caused by the Covid-19 pandemic. Output edged back into growth territory as factories restarted, lockdown restrictions were loosened and staff returned to work. The seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® (PMI®) rose to 50.1 in June, up from 40.7 […]
Envestors secures the SidebySide EIS Fund as its strategic investment partner to achieve its mission of creating a connected marketplace for the UK’s early stage investment market Today Envestors has announced it has secured £2m in funding to grow its digital marketplace for start-up investment, The marketplace, powered by Envestors’ white-label investment platform Envestry, facilitates […]
The findings from The Chartered Institute of Procurement & Supply (CIPS) are based on research conducted in September 2019 as 5135 respondents including supply chain managers in the UK around the world contributed to the CIPS/Hays Procurement Salary Guide and Insights Report which evaluates a range of issues in procurement. The report gives insight into […]
The banking and finance industry has supported more than one million businesses through the three government-backed lending schemes in just over three months, figures published by HM Treasury today have revealed. Almost 1.02 million facilities worth £42.9bn have been approved through the Coronavirus Businesses Interruption Loans Scheme (CBILS), Bounce Back Loan Scheme (BBLS) and Coronavirus […]
Today the British Business Bank has announced that it has approved six new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), three new lenders for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and two new lenders for accreditation to the Bounce Back Loan Scheme (BBLS). New CBILS lenders 365 […]
MD and founder of Jomas Associates Roni Savage has been announced as an ambassador for the charitable organisation; Start Her Enterprise (SHE). SHE is a new charity launching this July, it’s an organisation on a mission to make a difference to women’s lives in some of the poorest parts of the world. SHE is focused […]
