The latest IFB Research Foundation report, Family Business and Community Engagement, by researchers from the University of York, provides new insights into the ways UK family businesses work to support their communities. Much is known about the contribution of family businesses to the UK economy – they produce 31 per cent of the UK’s GDP […]
One million UK freelancers have been pushed into debt since the pandemic hit, according to a new report, ‘The Cost of Covid: How the pandemic is affecting the self-employed’, released today by IPSE (the Association of Independent Professionals and the Self-Employed) and digital bank, Starling. The research, undertaken to assess the impact that Covid-19 has […]
Chartered Accountants Wylie & Bisset is advising professionals and other intermediaries with business clients concerned about financial distress resulting from Covid-19 restrictions to consider a payment plan through the Debt Arrangement Scheme (DAS). A statutory debt management plan introduced by the Scottish government, a DAS gives clients an opportunity to stretch out a financial dip […]
The British Business Bank has approved GC Business Finance, part of the Growth Company, for accreditation under the Bounce Bank Loan Scheme (BBLS). GC Business Finance will provide Bounce Back Loans of up to £50k to small and micro businesses from the Greater Manchester region that are suffering disruption to their cashflow due to lost […]
First 4 Bridging (F4B) has launched a free 24-hour case checker initiative. This is aimed at providing an option for brokers who may not be specialists in short-term finance to double-check lending terms received to help ensure they have sourced the most suitable product and lender to match their client’s requirements. Brokers simply need to […]
Luke Hamm, CEO of R&D and IP specialists GovGrant, provides insight into the latest HMRC data and what it means for fintech digital innovation taking place across the fintech industry means businesses in the sector stand to gain the most from the UK government’s Patent Box scheme. However, HMRC data shows that few are capitalising […]
Savills welcomes the news that the landmark Agriculture Act has received Royal Assent. This ‘beast of a Bill’ has had no ordinary passage through Parliament – it has seen two prime ministers, one global pandemic and was the first Bill to be electronically voted on. The new Act shapes the post-Brexit future of farming and […]
Young people have lost out the most from the initial national lockdown and other restrictions, according to new data from NatWest Group. On average, around one in five (21%) residents in Britain has experienced an income fall of 20% or more. Young people across the country have been disproportionately impacted, with 27% experiencing significant income […]
Renters are quitting London, latest figures reveal, and heading for the regions, Wales and Scotland in search of more space and bigger homes and gardens in suburban and rural areas, spurred by the misery of anti-Covid-19 measures. Property search engine Home.co.uk has released an in-depth analysis of the rapidly morphing UK rental market, detailing supply […]
iwoca, one of Europe’s largest small business lenders, has laid out its ambitions to lend an additional £100m to businesses through the Coronavirus Business Interruption Loan Scheme (CBILS) before applications close on 31st January 2021. This will bring its total lending to over £200m. This comes as analysis of Treasury figures shows that iwoca approved […]
