The Chartered Insurance Institute is launching a campaign designed to raise awareness among consumers of what they can expect from companies that achieve Chartered status. Chartered status is a symbol of technical competence and signifies a public commitment to professional standards. Between August and the end of October, advertorials will appear in Chamber of Commerce […]
Four in five (80%) UK SMEs are confident they will recover from Covid, according to research from digital bank Starling and the Great British Entrepreneur Awards (GBEA). The survey of more than 300 UK SMEs across a range of sectors also found that two thirds (68%) of the business owners questioned believe they will return […]
As businesses begin to reopen across the country, research from Nucleus Commercial Finance today reveals that SME owners are having to spend on average £21,830 to fully reopen, with over a fifth (21%) planning on using their personal savings to cover the costs. This comes at a time when SMEs have already reported an average […]
Corporate insolvencies in England and Wales increased by 29% when compared to June 2020 but are 34% lower than in July 201 Personal insolvency numbers in England and Wales decreased when compared to June 2020 (12% lower) and July 2019 (40% lower). Colin Haig, President of R3, the insolvency and restructuring trade body, comments […]
IPSE (the Association of Independent Professionals and the Self-Employed) has welcomed the launch of the second Self-Employment Income Support Scheme grant, but said the government must be ready to re-open and “extend it to the desperately struggling forgotten self-employed” in the event of a second wave. Derek Cribb, CEO of IPSE said: “We are pleased […]
With full lockdown measures in place for the whole of April and May, the impact on the used car market, albeit devastating, is not surprising. According to the latest figures released by SMMT this week, the market for second-hand cars declined by almost half in the second quarter, with just over one million units changing […]
A new survey from Purbeck Insurance Services, provider of the UK’s only Personal Guarantee Insurance solution, paints a more positive picture of how UK SMEs are coping with the pandemic. Based on feedback from workers in SMEs , close to a third (29%) have carried on business as usual with no government support needed, or […]
Derbyshire-based short-term commercial finance company, Bridge Help has swelled its ranks further with the appointment of David Fielding. David joins the business as an underwriter bringing nearly 30 years’ experience in the banking sector to his new role. He began his career in banking as a clerk before moving to a customer adviser role and […]
North East housebuilder Cussins is set to more than double its turnover by 2023 after securing a new £10m funding package from banking partner Lloyds Bank. The family-run firm, headquartered in Alnwick, constructs houses and apartments across the North East, specialising in mid-market three, four and five-bedroom detached properties. The support package – an increase […]
Clayton Glass Limited, one of the UK’s largest glass manufacturers, has secured new funding from Santander UK to support its growth following the acquisition of Global Glass brand in October 2019. Clayton Glass is a sealed glass unit manufacturer operating from the largest IGU manufacturing site in the UK, operating across four separate sites and […]
