A group of popular Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the COVID-19 pandemic. The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned […]
An award-winning luxury hotel on the Isle of Skye that has lost over a thousand bookings because of the Covid-19 pandemic has secured its future with the support of Bank of Scotland. Kinloch Lodge, a family-run 19-bedroom hotel, relies heavily on revenue from international tourists so the ban on overseas travel hit it hard. Some […]
A group of popular Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the Covid-19 pandemic. The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned […]
New research from Aldermore, the specialist bank, reveals how the Covid-19 pandemic is hugely impacting small to medium-sized enterprises (SMEs) in different sectors across the UK. SMEs in the hospitality and leisure industries have been the hardest hit by the pandemic, losing on average 54% of their monthly business income. SMEs in the food and […]
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 […]
