Sunak Revises Budget To Support SMEs During Covid-19 Crisis

Budget to support SMEs

Budget measures such as fast-tracking payments for suppliers to the public sector and allowing firms more time to pay taxes are being considered to ease the pressure of coronavirus on businesses. Rishi Sunak, the Chancellor, is creating a programme of “levers” to support SMEs suffering staff shortages in the event of an epidemic and amid … Read more

Coronavirus Impact On Economy Set To Worsen

Coronavirus impact set to worsen

The coronavirus is the greatest threat to the world economy since the financial crisis, said the Organisation for Economic Co-operation and Development (OECD) today (3 March 2020).

Social Care Provider Buys Mears Care In £30m Deal

Social care deal

The home care provider Cera Care which only formed three years ago has bought Mears Care in a £30m deal, which is set to make it one of the biggest home care companies in the UK. The acquisition means the company now has 2,000 employees and 20 offices across the country delivering more than 10,000 … Read more

Tech investment in UK soars to record high

Tech investment soars

Investment in the UK tech sector reached £10.1bn ($13.2 billion) in 2019 – a 44% increase, the highest in the history of the UK, on 2018. Compare this to Germany which received £5.4bn and France which received £3.4bn. In fact, UK companies accounted for a third of all the money raised by tech firms in … Read more