Business advice for motorsport businesses
posted in Business advice for motorsport businesses by Phil Harris on 06th May , 2020
A third of SMEs fear collapse in lockdown Research from Hitachi Capital Business Finance suggests that almost one in three SMEs will struggle to survive between now and the end of June, while 31% are scaling back their [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 06th May , 2020
Corporate insolvencies declined in first-quarter Corporate insolvencies fell in the first quarter despite the economic impact of coronavirus, new figures show. Office for National Statistics data showed there were 3,88[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 29th April , 2020
Germany and eurozone braced for record slump UBS believes the eurozone’s economy will contract by 6.1% in 2020, worse than the 4.5% seen during the financial crisis. Standard & Poor's has a worse forecast pred[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 29th April , 2020
Emergency lending to small firms doubles Figures from UK Finance show lending to small businesses has almost doubled on a week ago with banks now committing £2.8bn in emergency government-backed loans to British [...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 22nd April , 2020
More than £1bn handed out through CBILS UK Finance has announced that a total of £1.1bn in coronavirus support funding has been loaned to 6,020 SMEs as of April 14. The total proportion of firms receiving p[...] continue reading
posted in Business advice for motorsport businesses by Phil Harris on 22nd April , 2020
Furlough scheme covers 1m workers on day one The Government's online application system for furloughing employees has launched, with huge numbers of employers expected to apply for inclusion in the scheme under which 8[...] continue reading