Leading business support body, the Forum of Private Business has joined the demand trending on social media for pubs forced to close as a result of the coronavirus crisis to be given rent holidays by the PubCo’s. The Forum wrote to all the main PubCo’s on the 16 March requesting that they play their part […]
In these times of unprecedented economic upheaval, small to medium size businesses – which are the backbone of the UK economy – are being urged to give themselves the maximum amount of financial protection by asking customers to pay their invoices by Direct Debit. Luisa Grey, a director at Eazipay Ltd, one of the UK’s […]
The annual Global Leasing Report 2020, released by White Clarke Group in association with the World Leasing Yearbook, has revealed how nearly nine years of growth has shaped the market. The report, which is available for free download, is the definitive guide to the world’s top 50 leasing markets and provides detailed analysis of country […]
Overall business confidence fell by 17 percentage points to 6% in March, the lowest level since October 2019, reflecting a drop in both trading prospects and economic optimism, according to the Lloyds Bank Commercial Banking Business Barometer. This decline illustrates the impact that the COVID-19 outbreak was having on business confidence before many initiatives launched […]
The Institute of Export & International Trade is calling on the government to include import taxes in its COVID-19 measure of deferring the VAT, duty and excise payments that businesses are required to make. In his package of help for business, unveiled this month, Chancellor Rushi Sunak said the government would defer the next quarter […]
The Lakes Distillery, a whisky maker with an artistic ethos, has received a £3.5 million asset-based lending facility from Secure Trust Bank Commercial Finance to help it triple the number of litres of alcohol it produces per annum. Founded in 2011, the distillery is housed in a renovated 1850’s Victorian farmstead. Nestled on the shore […]
Yorkshire based SME funding specialist One Stop Business Finance has expanded its client servicing team with the appointment of Carey Scargill as business development manager for South and West Yorkshire. Carey joins OSBF from Shawbrook Bank, where she was a new business analyst, and brings with her more than seven years’ experience from across the […]
Landlords across the UK are experiencing substantial rental yields as scarcity of properties on the market continues to push up rents, according to property website Home.co.uk. Its figures show that the lettings market has 15% less stock than a year ago. The lack of available homes for renters is particularly pronounced in London, where the […]
The National Association of Commercial Finance Brokers (NACFB) have announced free membership for all their existing brokers for the next four months. To provide an immediate and direct lifeline for brokers, the Association will not be running direct debits for membership fees – from April until July 2020 – nor will they seek to latterly […]
NatWest has today announced that it is waiving monthly hire fees for point-of-sale terminals from its payments product Tyl until the end of 2020, adding to the range of support that the bank has launched for its SME customers during the current crisis, allowing businesses to offer a variety of payment options to their customers […]
