Travel agencies and tour operators are the worst hit of all major industries by the coronavirus crisis, with turnover of the sector in the UK falling 56% from £2.6bn in March 2019 to just £1.2bn in March 2020. UHY Hacker Young, the national accountancy group, says that the lockdown has already hit the prime Easter […]
Independent Leicestershire-based family business Everards has successfully secured a £5m Coronavirus Business Interruption Loan Scheme (CBILS) from Lloyds Bank. Everards, which owns over 170 tenanted pubs across the Midlands and brews a range of ales, has faced unprecedented challenges due to the coronavirus outbreak and temporary closure of pubs across the country. The impact of […]
The 10-bedroom inn offers en suite accommodation, breakfast room and lounge for guests to enjoy, along with a public bar and restaurant for around 70 patrons. The property also offers an attractive beer garden with views over the rolling hills and a substantial on-site car park for up to 30 vehicles. The Fish Inn is […]
A family-run Harrogate restaurant that has turned to making takeaway deliveries to survive the COVID-19 pandemic has secured a ‘bounce back’ loan from Lloyds Bank to boost its recovery hopes. William & Victoria, a mainstay of the North Yorkshire town’s dining scene for over 30 years, is borrowing £50,000 via the government’s Bounce Back Loan […]
From a survey of over 500 pub owners undertaken by the Forum of Private Business (FPB), nearly 4 out of every 10 report that they are less than confident of surviving a June lockdown. The survey of 560 pubs carried out on behalf of the FPB in the last two weeks of April indicates that […]
A local independent pub group has secured a £250,000 loan through the Coronavirus Business Interruption Loan Scheme (CBILS) from Lloyds Bank to help it to support its staff and suppliers during the COVID-19 lockdown. Regency Corporation runs a number of local pubs along the Sussex Coast, including the Crown & Anchor in Shoreham. The business […]
A South Staffordshire-based wine producer and retailer has been able to expand its production and has diversified its operations during the coronavirus shutdown, after securing support from Lloyds Bank. The Halfpenny Green Wine Estate faced difficulties on both the agricultural and retail sides of its business due to the COVID-19 outbreak. Alongside adjusting to the […]
“On 27 April an article was published on the Business Money website news page under the heading ‘Forum of Private Business celebrates as Highwayman beats up Mr Punch’. The article referred to an appeal in the High Court which proved in favour of the Highwayman Pub in Kidlington, and referenced Punch Taverns. In fact, in […]
Food and drink businesses defied an overall drop in UK exports during the first quarter of 2020 as supply chain disruption and international efforts to combat coronavirus hit overseas sales of goods and services, according to the Lloyds Bank International Trade Index. The Index, compiled in partnership with IHS Markit saw UK manufacturing exports fall […]
Tregenna Castle Resort, in St Ives Cornwall has secured a £1m loan from Lloyds Bank to help secure the business’ future after the hotel, self-catering, leisure and events venue was forced to shut amid the COVID-19 lockdown. The coastal resort secured the finance in preparation for a significant drop in revenue, with quarantine restrictions falling […]
