BoE Governor Orders Banks To Speed Up Covid-19 Loans

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Banks ordered to speed up covid loans

The Governor of the Bank of England intervened on the day the furlough scheme was extended after data showed that only £1bn had reached small businesses. On Thursday, Andrew Bailey warned that unless the small business emergency loan scheme is boosted immediately the economy could suffer disastrous long-term damage. The Governor instructed the UK’s biggest … Read more

Self-Employed Bailout: Could Do Better?

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Self-Employed Bailout

The Chancellor’s long-awaited bailout for the self-employed has left out contractors and those who are paid in dividends. On Thursday evening, Rishi Sunak at last unveiled his offer, saying it would help 95pc of people who earn the majority of their income from self-employment. Although many people will receive payments amounting to 80pc of their … Read more

How To Go Paperless As A Small Business

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How To Go Paperless As A Small Business

Looking to cut back on your paper waste and do your bit for the environment? Here’s how to go paperless as a small business.

Coronavirus Impact On Economy Set To Worsen

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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).

Average Pay Rises To Pre-Recession Levels

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Average pay at pre-recession levels

Average weekly pay in the UK has reached its highest levels since before the financial crisis.

Impala raises £15.3m to revolutionise global hotel bookings

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The Impala team

Impala intends to revolutionise the hotel booking industry, one of the first mass-sectors to use the internet but one which has barely moved on since

Social Care Provider Buys Mears Care In £30m Deal

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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

Small Businesses Support Lower Salary Thresholds For Migrants

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Migrants arriving UK

The salary threshold for skilled migrants coming to work in the UK should fall from £30,000 to £25,600 after Brexit, says report.