A survey of 350 organisations, conducted by HRLocker, reveals almost one in three (31%) UK organisations plan to make employees redundant as part of their cost containment strategies over the coming six months. In addition to redundancies, other scheduled cost saving measures include recruitment freezes (43%), lay-offs (37%), reduced working hours (31%), pay-cuts (23%) and […]
Leading alternative lender to mid-sized SMEs, ThinCats has supported £3.7m in refinance and capital expenditure funding for children’s services provider My Choice Children’s Homes Limited, advised by Yorkshire based Corporate Finance advisory firm, Castle Square Corporate Finance. My Choice Children’s Homes was established in 2000 as a provider of specialist children’s residential care and educational […]
The number of people launching businesses in the UK has risen by more than 5% since last year, despite the hugely challenging conditions facing firms, according to analysis of ONS data by digital bank Starling. The surge in entrepreneurialism is evident in nearly every part of the UK, with Wales seeing a huge 99% increase […]
NatWest and ITV have today announced the launch of a new competition where three of the UK’s brightest small businesses will win their own TV advert worth £150,000, produced by acclaimed London-based advertising agency Pablo, with guaranteed, tailored airtime on ITV and through NatWest’s owned channels. The high street bank and broadcaster have combined forces […]
Research released today by Barclays has uncovered the impact of the pandemic on consumer grocery shopping habits, as one quarter of Brits now suggest they buy produce in local shops and farm stores, instead of supermarket-only purchasing pre-Covid. Over 7 milion Brits had never visited a farm shop prior to the pandemic, but now visit […]
SME funder, Bibby Financial Services (BFS) has provided a £1.1m funding line to LWS Interior Solutions and South West Kitchens, part of the LWS Group. Based in Exeter and established in early 2017, LWS Interior Solutions was born out of a former business set up by managing director Stuart Shaw in 2000. The company offers […]
Specialist business property adviser, Christie & Co, has announced the sale of David Carter Pharmacy in Offerton, Cheshire. This well-established community pharmacy, which dispenses an average of 3,330 NHS items per month, occupies the ground floor of a two-storey mid-terraced property in Offerton, just outside Stockport. This sale brings with it many development opportunities, such […]
With lockdown restrictions continuing and many individuals not able to work consistently in their usual offices, it has become clear that many young Scots, who usually live and work in London (and other UK cities) are giving up their expensive accommodation and relocating back to Scotland, but it could cost them thousands, say leading tax […]
Accountants Hillier Hopkins has today announced the launch of a dedicated customs declaration service aimed at SME businesses needing help following Brexit. The Hillier Hopkins customs declaration service, the first to be offered by a mid-tier UK accountancy firm, will help businesses with the documentation needed to move goods to and from mainland Europe and […]
Accountancy and business advisory firm Moore Kingston Smith LLP today announces its full year results for the year ended 30 April 2020. Revenue increased by 12.3% from £55.7m to £62.6m. Maureen Penfold, managing partner of Moore Kingston Smith LLP, said: “These strong results reflect the continued development of, and investment in, our traditional core services. […]
