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Business News

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Business News

FSB urges government to increase 80% guarantee on coronavirus business loans

The Federation of Small Businesses (FSB) has urged the government to increase its 80% guarantee on emergency coronavirus (COVID-19) business interruption loans. New data from UK Finance has revealed that…

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27/04/2020
Business News

SMEs access £2.8 billion through business interruption loan scheme

The UK's small and medium-sized enterprises (SMEs) have accessed £2.8 billion in funding through the government's Coronavirus Business Interruption Loan Scheme (CBILS), according to data published by UK Finance. Total…

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24/04/2020
Business News

Government launches support finder tool for businesses

The UK government has launched a new online platform to help businesses access financial support during the coronavirus (COVID-19) pandemic. The government has rolled out a range of loans, tax…

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24/04/2020
Business News

BCC finds significant number of UK businesses have furloughed employees

A survey conducted by the British Chambers of Commerce (BCC) has found that over 70% of responding businesses have furloughed a proportion of their workforce. Data from the BCC's latest…

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23/04/2020
Business News

UK inflation rate falls to 1.5%

The UK rate of inflation fell to 1.5% in March, data published by the Office for National Statistics (ONS) has revealed. The data showed that the Consumer Prices Index (CPI)…

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23/04/2020
Business News

Coronavirus pandemic ‘has already cost SMEs £277,000 each’, research suggests

Research carried out by online marketplace Fiverr has suggested that the coronavirus (COVID-19) pandemic has already cost UK small and medium-sized enterprises (SMEs) £277,893 each. The research was collected by…

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22/04/2020
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