Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs

Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs

Sep 07, 2020

The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people. The initiative aims to create “hundreds of thousands” of “fully subsidised jobs for young people across ...

Blog, Consumer Spending, SMEs

Empty high street shops reach highest level for more than six years

Sep 04, 2020

According to the new figures, the number of empty high street shops has risen to the highest level for more than six years following a wave of store closures as a result of the pandemic. The Data from retail analysis firm, ...

Blog, SMEs

Seven in 10 small businesses adapt sales or payment tactics to pandemic, study reveals

Aug 28, 2020

Almost seven in 10 small businesses have launched an e-commerce website or introduced contact-free point of sale (POS) technology to adapt to the coronavirus pandemic, it has been revealed. The research forms part of the Visa Back to Business study, which ...

Blog, SMEs

COVID-19 – 1.23 million businesses access Government support schemes

Aug 25, 2020

More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury. The data shows that 17 million small and micro businesses have utilised the Bounce Back Loan Scheme (BBLS) ...

Blog, SMEs

One in ten businesses at moderate risk of insolvency according to ONS

Aug 21, 2020

According to the latest statistics published by the Office for National Statistics (ONS), around one in ten businesses claim their risk of insolvency to be moderate or severe, with the majority of those seeing their turnover fall by more than ...

Blog, SMEs

COVID-19 – More than 10,000 SMEs apply for business recovery grants

Aug 18, 2020

More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic. The grant was launched by Simply Business at the beginning of the year ...

Blog, SMEs

FSB urging businesses not to miss out on emergency Covid-19 funding

Aug 10, 2020

The Federation of Small Businesses (FSB) is warning SMEs that any remaining emergency Coronavirus funding will go back to the Treasury at the end of August if it is not claimed. Earlier in the year, the Chancellor announced £12 billion of ...

Blog, SMEs

Government publishes regional Covid-19 finance figures

Aug 07, 2020

Almost 900,000 businesses in England have benefitted from more than £10 billion in Covid-19 loans and grants, the latest figures reveal. The research, published by HM Treasury, is the first to break down financial support, such as the Coronavirus Business Interruption ...

Blog, HMRC, SMEs, Tax, VAT

HMRC: Making Tax Digital to be extended to all VAT-registered businesses from 2022

Aug 06, 2020

HM Revenue & Customs (HMRC) has confirmed that Making Tax Digital (MTD) will be extended to all VAT-registered businesses from April 2022. The change forms part of the Government’s digital tax drive, which will eventually see all kinds of tax reported ...

Blog, Business Advice, SMEs

More businesses invited to apply for Covid-19 support after EU State Aid changes

Aug 03, 2020

Even more struggling businesses affected by Covid-19 can now access finance under the Coronavirus Business Interruption Loan Scheme (CBILS), it has been announced. It comes after changes to EU State Aid rules, meaning businesses classed as “undertakings in difficulty” now have ...

SMEs