The founder of online retailer Not on the High Street has urged workers to start their own companies during lockdown, saying her own business prospered despite ‘a lack of funds’ and ‘the world being slightly against me’. Holly Tucker MBE, dubbed ‘Hurricane Holly’, who started the online marketplace in 2006 after recovering from a brain … Read more
Small businesses face a £22,000 average cost to reopen in full after lockdown – leading one in five entrepreneurs to raid their savings Nucleus Commercial Finance says last few months were turbulent for SMEs Over one in five SME owners have used their own savings to cover costs Implementing health and safety measures is the … Read more
California orders rolling blackouts for up to 250,000 homes and businesses as heat wave grips the state with temperatures hitting 112 degrees and crowds flocking to beaches Rolling blackouts could affect up to 250,000 homes and businesses in the state Such a power cut has not been implemented since 2001, when there was a massive electric … Read more
Meghan Markle wanted to shine with her work as a royal and not her wardrobe, bombshell biography Finding Freedom reveals. The book, authored by Omid Scobie and Carolyn Durand, claims that the Duchess of Sussex, 38, wanted to shine a light on small local businesses and picked a ‘neutral’ outfit herself for her first ever … Read more
While many small businesses continue to suffer at the hands of the coronavirus pandemic, those in the cycling industry have never been busier. A fear of catching the virus on public transport has seen a big rise in the number of people cycling, while sales of new bikes have exploded. Meanwhile, much quieter roads and … Read more
Brides, wedding venues and those working in the industry have been left questioning what the Prime Minister’s announcement today means for their future. Couples getting married from 1st August were due to benefit from easing of restrictions that would allow receptions for up to 30 guests indoors with sit-down meals, as long as the venue … Read more
Struggling small business owners are begging NHS workers to stop asking for discounts because they can no longer afford to provide them. Some food retailers claim to have received up to 100 requests for deductions on bills throughout lockdown, reports the BBC. And one marketing consultant claims she has been approached by several cheeky frontline … Read more
Up to three million jobs and 800,000 small and medium-sized businesses are at risk if companies cannot defer repayment on up to £46billion of Government-guaranteed loans and debt, experts warned today. Banking lobby group TheCityUK has said recapitalisation of these loans is ‘essential’ to protect SMEs and businesses will need help tackling debt which could … Read more
Yesterday, Chancellor Rishi Sunak delivered his summer economic update which set out a ‘Plan for Jobs’ and included benefits to keep the hospitality industry afloat. He announced a package of measures which he said would help to retain jobs and give business the confidence to retain and hire staff. These included: a one off £1,000 Job … Read more
The past few months have been some of the most difficult in living memory for Britain’s small and medium-sized enterprises. They have seen their incomes disappear overnight and battled to get Government-backed grants and loans. They have had to furlough staff, move sales online and even launch entirely new ventures. Now that restrictions are starting … Read more