89% of PE firms polled by New Street Group, the leadership and people solutions consultancy, say they are highly likely or likely to deploy capital in the next 3-6 months, suggesting funds see opportunities in the market amidst the coronavirus crisis. A sudden drop in share prices and valuations in recent weeks means there may […]
Harley Street Dental Studio, a purpose built multi-disciplinary dental clinic, which provides general and cosmetic dentistry, smile makeovers, orthodontics and dental implants, has secured a finance package from Santander UK and the government’s Coronavirus Business Interruption Loan Scheme (CBILS). The seven-figure funding package will support the business, which has had to temporarily close following regulatory […]
Colchester based business Pallet Plus, which collects and delivers palletised freight and goods in the UK, Ireland and Europe, has agreed a working capital overdraft facility with Santander UK and the government’s Coronavirus Business Interruption Loan Scheme (CBILS) to support the business during the coronavirus pandemic. The company, which is a member of The nationwide […]
This week, SMMT released UK automotive production figures for March which highlight the extreme test the sector is facing. Amid coronavirus-led UK plant shutdowns, car manufacturing fell by -36.7% in March, with just 78,767 vehicles being produced, with similar declines for commercial vehicle and engine output. These figures are of great concern and while government’s […]
The zero rating of e-books is welcome at time when more people are reading on line, but not all e-publications will benefit, say leading tax and advisory firm Blick Rothenberg. Alan Pearce, VAT partner at the firm said: “This has been brought forward due to the outbreak of coronavirus pandemic and the current lockdown requiring […]
A Worcestershire-based specialist kitchen worktop manufacturer has been able to protect jobs and bolster its cashflow position during lockdown with the support of Lloyds Bank. Interfab, which operates a 13,000 sq ft manufacturing facility in Evesham, specialises in creating high-end acrylic worktops for both domestic and commercial kitchens. With installations and new contracts being paused […]
In response to the FCA announcing this morning it is intending to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who are facing uncertainty on their claims, Matt Connell, director of policy and public affairs for the Chartered Insurance Institute, said: “The FCA’s decision to test the wording of certain […]
An Edinburgh garden centre and tearoom is brightening up lockdown for its customers by offering a delivery service during the Coronavirus crisis, thanks to CBILS support from Bank of Scotland. New Hopetoun Gardens in Broxburn was forced to close its doors to the public and furlough 28 of its 36 staff following the government’s announcement […]
In this post, we will reveal five reasons why picking the best cryptocurrency broker is the key for your success. According to Leftronic, about $6 billion worth of Bitcoin is traded daily. Nonetheless, there are over 3,000 altcoins. This implies that the cryptocurrency market is a lucrative one. To sell cryptocurrencies without hassles, it is essential […]
Tens of thousands of SME business owners stand to benefit from the chancellor’s likely extension of the Self-Employment Income Support Scheme (SEISS). The new provision will allow owners of Limited companies, many of whom are effectively ‘self-employed’, but choose to run their business through a Limited company and pay themselves a mix of salary and […]
