A holiday company says it is planning for the future and looking forward to welcoming its customers back, thanks to support from Lloyds Bank. Alfa Leisureplex Group has secured a £17m credit facility, including a £5m Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. The funding will be used to support the business […]
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 […]
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 […]
The zero rating of e-books is welcome at time when more people are reading on line, but not all e-publications will benefit, say leading tax and advisory firm Blick Rothenberg. Alan Pearce, VAT partner at the firm said: “This has been brought forward due to the outbreak of coronavirus pandemic and the current lockdown requiring […]
Simply, the SME lender, has helped Swanage Taxis Ltd, operating as Linkrider Coaches, restructure its finance agreements to ensure that it can weather the current COVID-19 storm and continue trading. Linkrider Coaches is a family-run firm that provides student and private coach hire services to the whole of Dorset and the south coast. Established 35 […]
Create Central, the industry-led body set up in late 2019 has secured £2m of investment to deliver a programme of activities to help turbo charge the West Midlands film, TV and games sector. Create Central has been awarded £1m through the BFI’s National Cluster Growth Fund using National Lottery money to deliver a long term […]
A Cardiff-based business can continue designing and building sets for West End productions post-lockdown with the support of Lloyds Bank. Bay Productions, which works with renowned opera and theatre producers including Cameron Mackintosh and the English National Opera, has secured a six-figure funding package via the Coronavirus Business Interruption Loan Scheme (CBILS). The funding will […]
A family-run bed shop trading in Hampshire for more than 30 years has safeguarded jobs amid the coronavirus crisis with a five-figure emergency loan from longstanding banking partner Lloyds Bank. Ian Cleary has been running Forty Winks Bed Co. in Farnborough for three decades, having started the business with his father when he was just […]
Since the outbreak of the COVID-19 coronavirus pandemic, many hotel and travel businesses have refused to refund holidaymakers, with some left out of pocket for large sums. This week a UK family who booked a £17,000 chalet in France were told that they could not re-book, or receive a refund even though they could not […]
It’s predicted that as many as a million local businesses may not survive a four-week-long coronavirus lockdown. As the isolation period stretches onwards, many formerly profitable restaurants, shops and other local businesses fear they may never re-open their doors. But a new local business voucher scheme could come to the rescue of many popular local […]
