Data published today by Andrews, the south of England property group, shows instructions and viewings were up substantially in July 2020, as the stamp duty holiday announced by the government early in the month gave the market a welcome shot in the arm. Viewings were up 29% last month compared to June 2020, with physical […]
Spending is close to or above normal levels in some outer London suburbs, while in-store purchases are at rock bottom in central London, according to a new report. Overall, the economic impact of lockdown has been just as severe in London as in the rest of the country: unemployment-related benefit claimants have soared, and there’s […]
With news that the UK has entered its deepest recession in recent history, Rapyd, the world’s largest local payments network, has conducted a survey to analyse the impact on consumer spending habits. Compared to results of the same survey in the US which showed 60% of consumers want to shift over to a cashless society, […]
UK SME’s are at risk of 65,000 cyber security attacks daily – with around 4,500 of these being successful – and the figure could be much higher since the beginning of Covid. The findings come from a new report by global recruiter Robert Walters and data provider Vacancysoft – Cybersecurity: Building Business Resilience – which […]
Boe House, the owner of Baby Box Shop, has received a £160,000 loan from Rosebud Finance, Lancashire County Council’s investment vehicle delivered by GC Business Finance, to help it create jobs and increase export sales following support from Lancashire’s Access to Finance team. During 2016, husband and wife, Owen and Kim Burrows, began to design […]
New bus and coach registrations fell -77.1% in the second quarter of this year, with just 328 units joining British roads, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). The decline follows an almost complete standstill of public road passenger transport as pandemic lockdown measures were implemented throughout the […]
Bustling Belfast restaurants, Chubby Cherub and AMPM, have secured £150k and £190k respectively through the Coronavirus Business Interruption Loan Scheme (CBILS) package from Santander UK. The funding will be used to help manage ongoing cashflow issues, which were compounded due to lost revenues during Covid-induced closures. AMPM Belfast is an established restaurant, cabaret club and […]
The UK’s new heavy goods vehicle (HGV) market fell -73.4% in the second quarter of 2020, with 4,151 units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). While the bulk of the decline was driven by coronavirus lockdown measures, a particularly strong Q2 in 2019 – when the […]
New figures from Amaiz, the small business banking app, have highlighted the extraordinary ingenuity and resilience of the UK’s small businesses. Two thirds have reported that they’ve changed how they do business and half believe they’ve improved as a result of the pandemic. 34% said they wouldn’t have survived without making the change. Small businesses […]
Analysis by London based global fintech Paysend into the critical issues facing small businesses in a post coronavirus environment point to a new world in which they will need to operate, and new techniques that they will need to implement. The report compiled by Paysend notes that just in UK: 1 in 4 businesses were […]
