One in ten businesses in the wholesale and retail sector (9%) are facing imminent collapse as they state they will not survive another month of the lockdown, according to the latest wave of the Opinium-Cebr Business Distress Tracker. Further to this, the long-term damage to the economy continues to accumulate as the time that businesses […]
Baldwins Group, one of the UK’s fastest growing accountancy and business advisory firms, is pleased to announce it is partnering with leading UK universities and commercial enterprises to launch the National Innovation Centre for the Rural Economy (NICRE), which will undertake research, allowing the development of government policy to further support the country’s rural economy. […]
Just three months ago no one had heard of Covid-19 yet in a short period of time it has come to dominate the rhetoric and completely change how we live, work and socialise. Businesses have faced an unprecedented level of disruption and as with any crisis, there have been winners and there have been losers. […]
B-North, the Manchester-based firm building an SME lending bank for the UK, has chosen Leeds based RegTech innovator, TruNarrative, to provide a full suite of customer onboarding and compliance capabilities that will enable B-North to deliver crucial business lending up to 10x faster than large incumbents. TruNarrative’s platform capabilities will be added to B-North’s selected […]
A regional housebuilder has been able to support its future with a multi-million-pound Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. Aquinna Homes, which is based in Beaconsfield and owns developments across the South East, was started in the garage of ex-Taylor Wimpey and Bovis Homes executive, Stephen Brazier, in 2004. The business, […]
Online shopping has outstripped all other forms of spending over the past month, with more than half of UK shoppers (57%) saying they are shopping online more than ever and record numbers signing up to virtual experiences like home fitness classes, TV and film subscriptions and online learning during lockdown. The research from Mastercard revealed […]
A packaging manufacturer in Peterborough is making the most of the lockdown period by trialling new sustainable products, thanks to support from Lloyds Bank. R Howard specialises in designing and making packaging for the food and drink, beauty and pharmaceutical sectors, with customers including Krispy Kreme doughnuts and Emma Hardie cosmetics. The coronavirus lockdown saw […]
City leaders are urging York’s business community to support the city’s economic recovery by joining sector-focused recovery groups. The council is developing plans to support the city’s economic recovery, incorporating the priorities outlined in the recent Council Plan, including making York a greener and more inclusive city. To kick-start this process, a strategic business leaders […]
The British Business Bank has announced that it has approved two new lenders for accreditation to offer Covid-19 business loans to small businesses across the UK. Tide will join the other 16 lenders who have been accredited to the Bounce Back Loan Scheme (BBLS), since the scheme opened last week. Alternative finance lender Liberis has […]
A family run self-storage firm’s investment in new technology that will help its customers and staff socially distance is back on track, with support from Bank of Scotland. Red Squirrel Storage Centres offers indoor and outdoor storage containers and office space rental to Scottish consumers and businesses across two sites in Cumbernauld and Broxburn. The […]
