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Category: UK Economy

Consumer debt £1.5bn repaid in November 2020

January 6, 2021 rholling

Bank of England figures reveal households repaid just over £1.5bn of credit card debt, personal loans and car finance in…

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Posted in: UK Economy

More grants

rholling

Chancellor announces one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help…

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Posted in: SME news, UK Economy, Uncategorized

UK SMEs increasingly positive in their outlook

November 25, 2020 rholling

A new report from MBH Corporation PLC has found that many SMEs in the UK share a positive outlook for…

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Posted in: SME news, UK Economy

Vaccine rollout promises boost to global economy

November 24, 2020 rholling

The global economy could be boosted to the tune of $800bn following the rollout of COVID-19 vaccines, according to analysts.…

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Posted in: SME news, UK Economy

Government-backed COVID loans swell to £65.5bn

November 20, 2020 rholling

The Government has given banks guarantees on £65.48bn of lending to businesses hit by the coronavirus via the Bounce Back…

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Posted in: CBILS, loan, UK Economy

Furlough Scheme Extended

November 7, 2020 rholling

Chancellor Rishi Sunak has confirmed that he will extend the furlough scheme across the UK until the end of March.…

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Posted in: SME news, UK Economy

Chancellor unveils new rescue deal for jobs and firms

October 23, 2020 rholling

In recognition of the challenging times ahead, the Chancellor said he would be increasing support through the existing Job Support…

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Posted in: SME news, UK Economy

SMEs positive on 2020 Q4 conditions

October 19, 2020 rholling

Research by Hitachi Capital (UK) PLC Business Finance has found that 73% of SMEs believe that conditions will either improve…

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Posted in: SME news, UK Economy

GDP slip not as severe as feared

October 3, 2020 rholling

Revised figures from the Office for National Statistics (ONS) show the economy contracted by 19.8% in Q2. Although the decline…

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Posted in: SME news, UK Economy

Recent Posts

  • Consumer debt £1.5bn repaid in November 2020
  • More grants
  • CBILS extended to 31st March

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