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Clockhouse Farm’s Oli Pascall launched a video appeal on Facebook that the Kent farm needed workers Supermarket shelves could soon be empty again but this time it will not be down to panic buying, but as a result of the shortage of farm workers to work on British farms. Farmers are in need of between … Read more
Slowly but surely, small businesses are obtaining much-needed finance from the Government-backed Coronavirus Business Interruption Loan scheme. Yet, as Sarah Bridge reports, it hasn’t all been plain sailing. Some have accessed funds quickly while others have been left waiting anxiously. A few have thought on their feet and come up trumps as a result… We’ll … Read more
Hundreds of thousands of small business bosses have called on the government to review qualifying criteria so they can access vital income support. More than a month after the Chancellor’s initiatives to support the self-employed during the Covid-19 crisis were announced, there are still vast numbers of small business owners and sole traders who don’t … Read more
British businesses that bought insurance covering them for forced closure due to disease are set to sue insurer Hiscox for refusing to pay their coronavirus claims. The ‘Hiscox Action Group’, a collection of over 150 firms plan to take the veteran Lloyds of London insurer to court, arguing that their business interruption policies should cover … Read more
Leigh Bryant is trying his utmost to remain positive, but it is not easy. As the owner and manager of Bristol-based motor home accessory fitters LNB Towbars, this should be a peak time of year for him as his customers get ready for their summer holidays. But with his company closed due to the coronavirus … Read more
Attempts to use taxpayer money to fund a new wave of business challenger banks were dealt another blow a fortnight ago as Nationwide Building Society announced it was scrapping a move into SME lending. Britain’s largest mutual is the latest to hand back money it was given to expand its business proposition after Metro Bank … Read more
Charities across Britain have welcomed the announcement by the government to create a £750million package of support to ensure they continue vital work. This week, Chancellor Rishi Sunak outlined that £360million would come direct from government departments while £370million would be dedicated to smaller charities which would be helped by a grant from the National … Read more
Small businesses have been cast into crisis by the coronavirus outbreak. Many have been forced to shut up shop, with thousands of staff taking reduced pay or being made redundant. What’s worse, many have been refused access to government-backed loans. A shocking report last week by The Corporate Finance Network of accountants predicted that almost … Read more
In the race to fight Covid-19, many businesses are pivoting from what they traditionally offer to provide essential services – generating a new income stream in the process. While Mercedes F1 engineers have turned their attention to producing ventilators for example, Brendan O’Shea’s business, Just Clear, has bolted on Covid-19 decontamination services in addition to … Read more
Charities face a grim future and even the threat of closure over the next couple of months if they’re not helped urgently and given funds to stay afloat, many are warning. Thousands of charities are in a difficult position and are appealing for funds from the public or face bankruptcy as fundraising events are cancelled … Read more