Mitchells & Butlers, one of the largest operators of UK restaurants, pubs and bars, has secured £100m of funding from Santander UK and HSBC UK as part of the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Established in 1898, the Group operates 1,700 sites across the UK, including Harvester, Toby Carvery and All Bar One. […]
Oxford-based The Cocktail Service Ltd, a fast-growing provider of premium mobile bars for events and festivals, has secured £100,000 in new funding from Santander through the Coronavirus Business Interruption Loan Scheme (CBILS). Established in 2009 by three friends, the business had increased its annual turnover by around 60% over the last two years, and had […]
Specialist commercial finance broker, Christie Finance, supported new entrants to the market, Mark Pulman and Louise Smalley, in the purchase of Thelbridge Cross Inn, an authentic pub located in Crediton, Devon, that was brought to market by Christie & Co. Thelbridge Cross Inn is a picturesque country inn located amongst the glorious rolling hills of […]
A group of popular Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the COVID-19 pandemic. The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned […]
An award-winning luxury hotel on the Isle of Skye that has lost over a thousand bookings because of the Covid-19 pandemic has secured its future with the support of Bank of Scotland. Kinloch Lodge, a family-run 19-bedroom hotel, relies heavily on revenue from international tourists so the ban on overseas travel hit it hard. Some […]
A group of popular Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the Covid-19 pandemic. The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned […]
New research from Aldermore, the specialist bank, reveals how the Covid-19 pandemic is hugely impacting small to medium-sized enterprises (SMEs) in different sectors across the UK. SMEs in the hospitality and leisure industries have been the hardest hit by the pandemic, losing on average 54% of their monthly business income. SMEs in the food and […]
Travel agencies and tour operators are the worst hit of all major industries by the coronavirus crisis, with turnover of the sector in the UK falling 56% from £2.6bn in March 2019 to just £1.2bn in March 2020. UHY Hacker Young, the national accountancy group, says that the lockdown has already hit the prime Easter […]
Independent Leicestershire-based family business Everards has successfully secured a £5m Coronavirus Business Interruption Loan Scheme (CBILS) from Lloyds Bank. Everards, which owns over 170 tenanted pubs across the Midlands and brews a range of ales, has faced unprecedented challenges due to the coronavirus outbreak and temporary closure of pubs across the country. The impact of […]
The 10-bedroom inn offers en suite accommodation, breakfast room and lounge for guests to enjoy, along with a public bar and restaurant for around 70 patrons. The property also offers an attractive beer garden with views over the rolling hills and a substantial on-site car park for up to 30 vehicles. The Fish Inn is […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
Sign up to our newsletter
