IPSE (the Association of Independent Professionals and the Self-Employed) has welcomed news that self-employed people are being told early if they are eligible for government support. It has urged the government to get payments to them too. IPSE has also warned, however, that the government must not lose sight of the many self-employed groups who […]
A Birmingham based charity is continuing to provide essential care and support to people with acute neurological motor disorders during the COVID-19 outbreak, after securing support from Lloyds Bank. The Foundation for Conductive Education in Edgbaston faced significant financial challenges due to the COVID-19 outbreak, with the cancellation of charity events and the loss of […]
One of the UK’s largest vehicle recycling businesses is set to continue supporting essential services clients, including Royal Mail, with the support of Lloyds Bank. Family-owned Charles Trent Ltd, which recycles more than 50,000 vehicles for parts each year, had seen a 70% fall in demand for its products with fewer people using the roads […]
Workers within the ‘gig economy’ are significant losers from the Covid-19 pandemic, say leading tax and advisory form Blick Rothenberg, Robert Salter, an employment and expatriate tax service director at the firm said: “Many of these workers won’t be able to benefit from the various support services that the government has organised to support the […]
Following the chancellor of the exchequer’s announcement on 27 April, the Bounce Back Loans Scheme opens for applications from today. Delivered by lenders accredited by the British Business Bank for this scheme, Bounce Back Loans target small and micro businesses in all sectors, providing loans from £2k up to 25% of the business’ turnover with […]
Alternative lenders should be included alongside the pillar banks as channels for the expansion of the government’s lending support for SMEs that is urgently needed, according to Linked Finance, Ireland’s leading peer-to-peer (P2P) lending platform. The company says that it is vital to ensure funding is deployed rapidly, and that this will be helped by […]
89% of PE firms polled by New Street Group, the leadership and people solutions consultancy, say they are highly likely or likely to deploy capital in the next 3-6 months, suggesting funds see opportunities in the market amidst the coronavirus crisis. A sudden drop in share prices and valuations in recent weeks means there may […]
Harley Street Dental Studio, a purpose built multi-disciplinary dental clinic, which provides general and cosmetic dentistry, smile makeovers, orthodontics and dental implants, has secured a finance package from Santander UK and the government’s Coronavirus Business Interruption Loan Scheme (CBILS). The seven-figure funding package will support the business, which has had to temporarily close following regulatory […]
Colchester based business Pallet Plus, which collects and delivers palletised freight and goods in the UK, Ireland and Europe, has agreed a working capital overdraft facility with Santander UK and the government’s Coronavirus Business Interruption Loan Scheme (CBILS) to support the business during the coronavirus pandemic. The company, which is a member of The nationwide […]
A Worcestershire-based specialist kitchen worktop manufacturer has been able to protect jobs and bolster its cashflow position during lockdown with the support of Lloyds Bank. Interfab, which operates a 13,000 sq ft manufacturing facility in Evesham, specialises in creating high-end acrylic worktops for both domestic and commercial kitchens. With installations and new contracts being paused […]
