Athlete Factory, a high-level fitness and sports performance company based in Chester, has received a six-figure NPIF loan backed by CBILS from NPIF – BSF & MSIF Microfinance, managed by specialist social impact lender GC Business Finance and MSIF and part of the Northern Powerhouse Investment Fund (NPIF). Founded by Phil Greening, a former English […]
Restrictions on travel introduced in response to the Covid-19 pandemic continue to hit global tourism hard, with the latest data from the World Tourism Organisation (UNWTO) showing a 70% fall in international arrivals for the first eight months of 2020. According to the newest UNWTO World Tourism Barometer, international arrivals plunged 81% in July and […]
A Stirling country house and estate has diversified its business model and positioned itself for growth, thanks to a £200,000 funding package from Bank of Scotland. Gartmore House, built in the mid-18th century, is a 23-bedroom mansion house and activity centre offering group residential packages, conferences for up to 500 people, and craft activity workshops […]
One of the most eagerly anticipated sessions at the Future Hospitality Summit, taking place on Monday 26th October, live in Riyadh and virtually over the internet, will look at new technology that could allow the world to travel again. It is being moderated by David Tarsh, who recently co-founded OK2Roam, a pandemic management system for […]
The global tourism industry had a rosy outlook for 2020 continuing a historic rise in the industry in recent times. However, at the beginning of the year, it became apparent that Covid-19 had turned the world upside down and global tourism effectively came to a collective halt. According to data presented by Stockapps.com, the projected […]
Following Covid-19, improving health and wellbeing offerings could offer hospitality and leisure businesses £21.1bn in additional revenue by 2023. An additional 4.8 million Brits, or 9% of the UK population, now say health & wellness is ‘extremely important’ to them after Covid-19 61% of businesses plan to invest more on health and wellbeing offerings in […]
Condense Reality, a virtual reality startup developing technology to transform how viewers watch live entertainment and sports, has raised a seed round of more than £800,000, including £220,000 from SFC Capital, the most active seed-stage investor in the UK. The remaining funds come from two grant awards, together worth almost £500,000, as well as smaller […]
An innovative Scottish software business that provides a comprehensive booking platform for the leisure travel sector has announced plans to launch a suite of data technology products designed to help travel agents and tour operators to gain vital insight into which parts of the sector are seeing the fastest and most sustained recovery in order […]
Phoenix Cinema in Leicester is preparing to re-open its doors this autumn after receiving support from Lloyds Bank, as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The independent cinema and art centre, which has become a cultural institution in the city since opening in 1963, was forced to close its doors on 17th […]
Experienced business professionals, Anthony Lewis and Jonathan Burgoyne, have recently purchased Bloomsbury Guest House in York, with funding successfully secured by specialist commercial finance broker, Christie Finance. Bloomsbury Guest House, long-established and located in a popular area of York, has been owned by the previous owners since 2009 and has been operated as a lifestyle […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
Sign up to our newsletter
