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 […]
An Edinburgh garden centre and tearoom is brightening up lockdown for its customers by offering a delivery service during the Coronavirus crisis, thanks to CBILS support from Bank of Scotland. New Hopetoun Gardens in Broxburn was forced to close its doors to the public and furlough 28 of its 36 staff following the government’s announcement […]
Tens of thousands of SME business owners stand to benefit from the chancellor’s likely extension of the Self-Employment Income Support Scheme (SEISS). The new provision will allow owners of Limited companies, many of whom are effectively ‘self-employed’, but choose to run their business through a Limited company and pay themselves a mix of salary and […]
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 […]
