A major survey of Scottish businesses has revealed the full impact of the coronavirus lockdown – with confidence so badly damaged that 61% fear they will go bust, despite government support. More than 400 companies, working across 17 broad sectors, took part in the survey. Results saw 93% stating they had been adversely affected by […]
New research from Aldermore, the specialist bank, reveals how the Covid-19 pandemic is hugely impacting small to medium-sized enterprises (SMEs) in different sectors across the UK. SMEs in the hospitality and leisure industries have been the hardest hit by the pandemic, losing on average 54% of their monthly business income. SMEs in the food and […]
A family run fruit and vegetable wholesaler has launched a delivery service offering an expanded range of products to homes across Scotland’s Central Belt, with support from Bank of Scotland. The majority of Charles Stamper Fruit & Veg’s customers, which include bars, restaurants, hotels and schools, closed their doors when the government mandated lockdown came […]
Whilst the coronavirus pandemic has delivered one of the fastest economic shocks in history and the long-term financial ramifications remain precarious, it has been historically proven that downturns can fuel a start-up boom, with every day ‘homepreneurs’ likely to emerge over the coming months. London and the South East has been unveiled as the entrepreneurial […]
UK200Group, which represents 600 partners from across legal and accounting firms, is asking the HMRC to extend deadlines for the submission of the P11D and Employment Related Securities (ERC) forms as well as the requirement to send P60s to employees and setting up PAYE Settlement Agreements. Andrew Jackson, head of corporate tax, Fiander Tovell and […]
A North East trust based at the UNESCO World Heritage site of Hadrian’s Wall has secured its future and potential new historic discoveries across two Roman sites, thanks to support from Lloyds Bank. Northumberland-based Vindolanda Charitable Trust was founded in 1970 to preserve and carry out archaeological research of the Vindolanda Fort – a site […]
Parcel locker provider InPost has announced a partnership with South Western Railway (SWR), Europe’s largest rail commuter network, to install its automated ecommerce lockers at 40 stations across its rail network. The first phase of the roll-out has now commenced and will see InPost deploy its collection and return lockers – which can be accessed […]
Today the British Business Bank has announced that it has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). New lenders The FSE Group, FW Capital, Mercia Asset Management and Whiterock Finance will be able to provide financial support to smaller businesses in the Northern Powerhouse and Midlands Engine regions, […]
Retail figures for April released by the ONS highlight how much retailers need to change the way they do business says leading tax and advisory firm Blick Rothenberg. Milan Pandya, a partner at the firm said: “With the country in lockdown, it will come as no surprise that data released by ONS showed that there […]
Small Business Prices has created a study looking at the business hubs of the world. The data analyses how many businesses there are per square km as well as the number of businesses per person to find out where is the most densely-populated business capital. The research also reveals which countries are producing the highest […]
