A South West construction company is protecting its workforce as it begins to reopen some of its sites with the support of a multimillion pound Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. Chippenham-headquartered Stonewood Builders took the decision to close all sites back in March, when social distancing measures were first introduced. […]
A family-run Suffolk ice cream producer with Italian roots is celebrating its 100-year anniversary despite the ongoing disruption thanks to funding from Lloyds Bank. Criterion Ices, headquartered in Bury St Edmunds and with a parlour – Marine Ices – and second distribution hub in London, had to close when almost all of its hospitality and […]
Parogon Pub Group Limited, operator of seven gastropubs based in Staffordshire, has secured £2m of funding from Santander UK as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The funding will enable the business to meet immediate cashflow needs and ready the sites for reopening this weekend. Based in Staffordshire, Parogon Pub Group is […]
Up to an additional £66m of government funding has been awarded to the West Midlands in order to kick-start a series of ‘shovel ready’ schemes that can help drive the region’s post-Covid-19 recovery. The money, from the government’s Getting Building Fund, is in direct response to a list the region submitted two weeks ago of […]
Avonhurst today announced two new senior appointments, further cementing the rapid growth that has characterised its first year. Carolyn Conner is a specialist in international financial restructuring who spent over 20 years at magic circle firm Allen & Overy, 13 as partner. Experienced private equity specialist Raymond McKeeve is currently president and chief operating officer […]
The BRC and Opinium have been working together to track consumer behaviours and their sentiment towards coronavirus. This research has run weekly since 1st May 2020, with the latest survey taking place between 26-29 June 2020. Public perceptions of retail staff has improved since the pandemic began. 35% saying their views of retail staff has […]
Unity Trust Bank has appointed Mark Clayton as its new chief operating officer, to lead Unity’s customer proposition and support growth. Mark joins Unity Trust Bank after 23 years at HSBC, having held a number of senior roles. Most recently, Mark was head of premier distribution where he led the strategic growth of the retail […]
Cisco has launched a new financing programme to help SMEs purchase its products at 0% interest and with no upfront costs, at a fixed 3-year monthly payment term. SMEs will be able to purchase hardware, software solutions as well as services under the programme. The launch of the programme comes as the Covid-19 pandemic and […]
New research by the IFB Research Foundation sheds fresh insights into UK family business. Compiled by RepGraph, the new report The Largest Family Businesses in the UK analyses the largest UK family-owned firms. The analysis found that 1 in 5 of the largest businesses in the UK are family owned. Of the 1,551 largest companies […]
Aldermore, the specialist lender, has provided a £5m, 10 year, interest only Commercial Residential Investment refinance facility to Quintain Alto Residential Limited – a subsidiary of Quintain, which owns 13 apartments in Wembley Park’s Alto building, a development completed in 2017. The apartments are privately let and managed by Wembley Park Residential, Quintain’s private sales […]
