New data published today by the British Business Bank reveals the regional distribution of loans under the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBLS). These schemes provide financial support to businesses across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the Covid-19 […]
Amazon is undoubtedly the world’s top online marketplace today. It has millions of users who buy products regularly. If you want to sell products online, then Amazon can be a great platform to do so. Even if you have a traditional, bricks-and-mortar store, it can also be a great idea to sell your products through […]
The latest research from the international rental marketplace, Spotahome, has found that the average age of renters across Europe has dropped since the Covid outbreak at the start of 2020. Spotahome analysed the average age of those renting via its platform across 11 major European cities since the outbreak began in January 2020 and how […]
Griffins has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Griffins provides insolvency, litigation and forensic services to a wide range of companies across the finance and banking sector, on matters ranging from restructuring to asset recovery and fraud investigation. Griffins also works closely with […]
Positive trading momentum continues; Balance Sheet further strengthened Time Finance plc (formerly ‘1pm plc’), the AIM listed independent specialist finance provider, is pleased to announce its unaudited interim results for the six-month period ended 30 November 2020 (“Results” or “Interims”). The results reflect increasing demand for finance, month-on-month, from UK SMEs and consumers as the […]
Business activity at small firms fell in December for the third month in a row as challenging economic conditions continued to disrupt demand and push up costs leading to job cuts, according to the latest NatWest UK Small Business PMI®. The fall in activity was mostly limited to small consumer-facing service providers who faced restricted […]
Mactavish, an outsourced insurance buyer and claims resolution firm, says that although Friday’s judgement has been hailed as a ‘victory’ for policyholders by many media commentators, the reality is that only a small minority of the headline figure of 370,000 businesses will actually receive a claims payment as a direct result of the judgement. The […]
Throughout the pandemic and one of the most turbulent economic periods in history, small businesses have shown true resilience against the tight restrictions that have been put in place and the severe impacts this had had on their ability to trade. Yet, as the UK ventures into the new year under continued lockdown restrictions and […]
Leading UK anti-money laundering (AML) firm SmartSearch is warning businesses against ignoring European Union money laundering directives, following the UK’s departure from the EU at the start of the year. The regtech 100 firm, which operates globally, said that despite Brexit, the EU-wide money laundering directives have been written into UK law and still need […]
Empty garages, council houses and land could be a thing of the past under new proposals launched by the government this week. The proposals would allow individuals or communities to challenge councils to release land and empty buildings for development. Housing secretary Robert Jenrick said new ‘right to regenerate’ proposals would make it easier for […]
