Blog
Businesses have welcomed the news that the Government has extended its Trade Credit Reinsurance Scheme as new figures reveal that the pandemic has exacerbated Britain’s late payment problem. According to the Institute of Directors, over a third of company directors polled said they had faced an increase in late payments during the pandemic, with almost
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It’s hard to believe now, but this time last year, all the talk was about how resilient the housing market had been in the face of Brexit uncertainty. And, with Boris Johnson’s election and his unexpected success in renegotiating terms with the EU, it all ended with a rising sense of optimism. Commentators were even
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If you’re thinking about becoming your own boss or you’ve recently started a business there are many challenges you will face that could be the difference between success and failure. There were 672,890 new companies registered in 2018 to 2019, according to Companies House data. Some will become multi-million pound successes, some will last forever,
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Lockdown 2 has caused only the smallest of blips in the housing market and, throughout, demand has remained substantially above recent November averages. For the first six days, while buyers were adjusting to the conditions, demand was up 28% on last year. That figure then jumped to 49% for the rest of the month. At
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For many businesses this year, accessing cash has been at the front of their minds, and they are likely to be using a very different combination of funding facilities than they were this time last year. While the funding options some businesses have used during the pandemic have been critical to their survival, others may
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Public policy response to the pandemic, mandating lockdowns and other restrictions on commerce, has created special challenges for business. Recruiting now comes with a unique set of considerations, along with the integration of new employees. Hiring and on boarding new staff remotely is new territory for most of us and working from home. The terrain
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Most commercial financial transactions follow a well-established process: A transaction starts with a purchase order, an electronic or paper document issued by the Buyer detailing the amount and specifications of goods it is prepared to purchase. The Seller accepts the purchase order and completes work on the requested goods. Upon delivery of the order, the Seller
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We have seen very encouraging activity from many of our clients who are selling to overseas markets over the past few weeks. Many SMEs are getting a jump on their Brexit readiness and have already sourced new markets for their products and services ahead of the end of year deadline. We are also seeing a
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We’re back into lockdown but this time around the property industry will not be required to close, so buyers, sellers and renters will be able to continue moving home. Initially, it was not clear whether agents would be able to keep their physical branches open but it has now been confirmed they can. It remains
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The government has announced plans to extend the application deadline for loan guarantee schemes – that is, the Bounce Back Loan Scheme, Coronavirus Business Interruption Loan Scheme, and Coronavirus Large Business Interruption Loan Scheme – to the end of January 2021. This will give businesses two extra months to make loan applications, relative to the
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