Bustling Belfast restaurants, Chubby Cherub and AMPM, have secured £150k and £190k respectively through the Coronavirus Business Interruption Loan Scheme (CBILS) package from Santander UK. The funding will be used to help manage ongoing cashflow issues, which were compounded due to lost revenues during Covid-induced closures. AMPM Belfast is an established restaurant, cabaret club and […]
An audit of the alcohol market has found high levels of compliance to industry standards. While some claim that alcohol producers do not provide the right information on bottles, in reality this isn’t the case. Independent auditors and the Independent Complaints Panel’s decisions show 95% adherence to regulatory standards. The Portman Group, the social responsibility […]
A food manufacturer and wholesaler in Shrewsbury has been able to expand its services and safeguard the future of the business with the help of a six-figure Coronavirus Business Interruption Scheme (CLBILS) package from Lloyds Bank. Oriental Food Express, which supplies Asian food ingredients to restaurants and oriental supermarkets including Wing Yip, saw a significant […]
Knock Castle Hotel & Spa dates back to 1870 and is well-known as the grand former home of Scottish shipping magnate, Lady MacBrayne. The hotel comprises a total of 30 letting bedrooms, nine of which are situated in the adjacent ‘Castle Lodge’ building. The site sits within approximately three and a half acres of mature […]
An award-winning, family-run hotel, pub and wedding venue in Swansea is hoping to welcome patrons back in July following support from Bank of Scotland. Based on the Gower peninsular, the King Arthur Hotel has secured a six-figure loan from Bank of Scotland via the Coronavirus Business Interruption Loan Scheme (CBILS) to help it cover critical […]
Crieff Hydro, a family-run Scottish hotel group, has secured a £5m CBILS overdraft from Santander UK to help the business through the challenges facing the hospitality and leisure sector during the pandemic. The company, which was founded in 1868, owns and operates seven hotels across Scotland. The hotels are in rural locations and offer a […]
La Barca is an established Italian restaurant that has operated from the same premises in central London for over 40 years. The restaurant has an impressive list of regular diners ranging from high profile politicians, actors and TV and film directors as well as visitors, residents, and businesses. The restaurant closed in March in line […]
A Pudsey metal fabricator is ramping up production of outdoor pizza ovens and indoor BBQ grills to meet demand for luxury home cooking appliances with support from Lloyds Bank. Huey Group Ltd has seen a surge in demand for its Deli Vita outdoor pizza ovens, stocked by retailers including John Lewis, which the firm manufactures […]
The Association of Taxation Technicians (ATT) welcomes the temporary VAT cut for food and drinks.. In the Plan for Jobs presented by the chancellor, it was announced that the rate of VAT on supplies of food and non-alcoholic drinks by restaurants, pubs, bars, cafes and similar premises will be cut temporarily from 20% to 5%. […]
Ahead of the reopening of pubs and restaurants on Wednesday 15th July as lockdown measures are eased, chartered accountants Wylie & Bisset is advising those hospitality sector operators facing financial difficulties because of the coronavirus to consider applying to the Redundancy Payments Service (RPS) for financial assistance. With estimates that around 100,000 of the 280,000 […]
