Global Motion Ltd, industry leaders in delivering time-critical events for the music and entertainment industries, has been supported with a £2m working capital funding package by leading alternative finance provider to mid-sized SMEs, ThinCats. Established in 2003 by MD, Adam Hatton, Global Motion offers services in the event transport and tour logistics space; from air, […]
The arts, entertainment and recreation industry reported that 57% of businesses are experiencing a decrease in turnover compared with normal levels for this time of year (late June 2021). The arts, entertainment and recreation industry continue to report the highest proportion of its workforce on furlough leave, at 15%. The arts, entertainment and recreation industry, […]
Game-changing ski instructor platform Maison Sport is among only a handful of travel businesses to secure finance from the UK Government’s Future Fund. The trio behind the innovative tech start-up, which connects skiers and snowboarders with some of Europe’s best instructors, set out to apply for the funding support in May 2020, at the height […]
The Bike Club, the UK’s first monthly kids bike subscription service, has today announced a new £7.5m debt facility funding with investment management firm, Triple Point. The purpose of the facility is to provide growth finance for the Bike Club – primarily for the purchase of new bikes in order to satisfy extraordinary levels of […]
Newcastle upon Tyne-based Wave Direct sells inflatable hot tubs online, direct to consumers. It has benefitted from the soaring popularity of hot tubs during the pandemic, experiencing a sales uplift of 1800% since Covid-19 emerged. With huge demand for its products, which it imports from China, the business wanted to buy in more stock from […]
With much of Scotland’s holiday accommodation sector reopening Chartered Accountants Wylie & Bisset has advised operators to prepare now for a busy summer. A recent survey from Barclays suggests that total UK spend on domestic holidays this year is anticipated to reach £31bn with 23 million Brits planning at least one staycation – with the […]
City centre hotels must change their route to market to help secure a greater share of pent-up demand says RSM. The predicted sustained increase in consumer spending over the coming months will see country and coastal operators better placed to enjoy a staycation boom. But city centre hotels, who rely more on the corporate and […]
A sunny summer is forecast for the UK’s tourist hot spots as new Barclays research reveals that millions of Brits are planning ‘staycations’ in 2021. The news comes as Barclays encourages people to get to ‘Know Your Nation’ and explore the British Isles, with the bank finding that the average UK resident has visited more […]
A £100k deal brokered by Bathgate Business Finance has helped bring a ten-year project to improve a rugby club’s player and community facilities to completion. The West Kirby-based finance specialist secured the funding for Eastham-based Anselmians RUFC after Covid-19 lockdown and restrictions delayed improvements to player and member facilities and the build of a high-end […]
Go Travelling Ltd, trading as On The Go Tours, global escorted group tour operator, has been supported with a £4.25m refinance package by leading alternative finance provider to mid-sized SMEs, ThinCats. Established in 1999, On The Go Tours is an award-winning provider of global tours and tailor-made holidays, specialising in English speaking experience and adventure […]
