As hospitality and leisure businesses prepare for the August Bank Holiday, research from Barclays Corporate Banking reveals just 6% of businesses in the sector are confident of growth across the Summer. The significant challenges currently facing the industry are underscored in a new Barclays study of over 300 senior hospitality and leisure executives. On average, […]
In July 2020, the government announced changes to the Use Classes Order in England which, since 1987, has been the primary legislative tool to control changes of use within property. These changes will take effect from 1 September 2020 and will provide greater flexibility to repurpose property which has become redundant and protect uses which […]
Despite the Lloyds Bank Commercial Banking Business Barometer continuing to languish well below the long-term average and in negative territory, overall business confidence improved by eight percentage points against a backdrop of further easing of lockdown measures (chart 1). The Barometer, which surveyed businesses between August 3rd and 17th, showed improvements in both economic optimism […]
The coronavirus pandemic has impacted the world of business in so many ways, and it is essential that companies and business owners are taking steps to adapt. You have to make sure you do as much as you possibly can to help your business thrive and grow, and survive during such a difficult time. There […]
Revenues at Congleton-based refurbishment business, Interefurb Limited, have soared over the last quarter following a £50,000 Northern Powerhouse Investment Fund (NPIF) loan backed by CBILS from specialist social impact lender, GC Business Finance. The loan was provided by NPIF – BFS & MSIF Microfinance, which is managed by GC Business Finance and MSIF and part […]
Family-run business, Media & More, specialists in printing, branded workwear and website design, has secured a £35,000 Bounce Back Loan from Santander UK. Based in Reigate, Surrey, the business will use the funding to increase its service offering – including shop front signage and vehicle sign writing and increase its workforce to meet growing demand. […]
Vector Capital specialises in finance for land and property development, bridging loans and secured business finance, providing confidential behind the scenes support to its customers. The Group was established in 1978 and has extensive experience in backing developers and property entrepreneurs. Ross Andrews , Vector Capital chairman , says: “At Vector Capital, we have many […]
New research from vehicle leasing experts, LeasePlan UK, reveals that despite the majority (62%) of HR bosses and senior business leaders being challenged to reduce the cost of employee perks and benefits since Covid-19, half (49%) still believe that the electric vehicle (EV) salary sacrifice scheme would add extra cost to their organisation, which is […]
UK credit card provider Vanquis Bank, a subsidiary of Provident Financial plc, has today announced the launch of NatWest’s new open banking payment solution, Payit, within its mobile app, allowing Vanquis customers to make instant payments to their account without the use of a debit card. Using Payit, Vanquis Bank customers can quickly and simply […]
UK car manufacturing output fell -20.8% in July as 85,696 units rolled off production lines, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). The month saw the ramp up of production continue, as global lockdown measures eased and nearly all factories reopened, however, social distancing measures and ongoing economic […]
