Covid UK: Businesses hail Supreme Court ruling forcing insurers to pay out for lockdown losses

Tens of thousands of small businesses are set for a £1.2billion windfall after the Supreme Court ordered insurers to pay out for losses from the first Covid lockdown.  Cafes, pubs, beauty parlours, holiday firms and wedding planners are among the 370,000 firms that had policies which should now pay out.  Former footballer Gary Neville, who … Read more

FSB warns at least 250,000 small businesses will fail in 2021 if Government doesn’t act now

At least 250,000 small businesses could shut up shop for good this year, according to the Federation of Small Businesses.  Confidence is at an all-time low and a record number of businesses revealed plans to close their firms in the coming 12 months, its latest Small Business Index shows.  Meanwhile, one in five SMEs reduced … Read more

Yelp adds feature that lets customers report businesses for not following COVID safety measurements

Yelp is giving customers the power to report whether or not a business is following coronavirus precautions. Companies observed following guidelines on masks and social distancing will receive a green check, while those not following protocol will get an orange question mark. Ratings will only be assigned to businesses when a consensus is reached from … Read more

Coronavirus UK: 250k small businesses could go bust in the next year

Record 250,000 small businesses could go bust in the next 12 months as firms struggle amid coronavirus crisis, warn industry bosses Federation of Small Businesses study finds 250,000 firms feel unable to carry on Number is the highest since FSB began collecting data following financial crisis Doesn’t include thousands more of small firms struggling but … Read more

Coronavirus UK: Record 250,000 small businesses could go bust in the next 12 months

Record 250,000 small businesses could go bust in the next 12 months as firms struggle amid coronavirus crisis, warn industry bosses Federation of Small Businesses study finds 250,000 firms feel unable to carry on Number is the highest since FSB began collecting data following financial crisis Doesn’t include thousands more of small firms struggling but … Read more

Kid Rock pledges $100K to The Barstool Fund to help small businesses struggling due to the pandemic

Kid Rock pledges $100K to The Barstool Fund to help small businesses struggling due to the pandemic By Caitlyn Becker For Dailymail.com Published: 19:10 GMT, 6 January 2021 | Updated: 19:10 GMT, 6 January 2021 Musician Kid Rock has pledged to donate $100K to help ailing small businesses in the wake of the coronavirus crisis. … Read more

Rishi Sunak unveils £4.6billion of new bailouts for lockdown-stricken businesses

Rishi Sunak unveils £4.6billion of bailouts for lockdown-stricken businesses with retail, hospitality and leisure getting one off £9,000 grants to keep them afloat – as economists warn of ‘colossal’ hit with up to 10% wiped off GDP every month By James Tapsfield, Political Editor For Mailonline Published: 09:15 GMT, 5 January 2021 | Updated: 09:36 … Read more

Businesses call for more government help as third lockdown delivers ‘body blow’

Bosses across England have demanded VAT and tax relief be extended throughout 2021 after a third lockdown announcement delivered a ‘body blow’ for thousands of firms – which face a ‘cliff edge’ as support ends in the spring.  The Prime Minister last night plunged the country into a national lockdown even more brutal than last March … Read more

Sweden’s Government can shut down businesses under new law to curb second wave of Covid infections

Sweden to bring in new powers to close businesses and pubic transport and issue fines for social distancing breaches to curb second wave of Covid infections Sweden’s temporary pandemic law should be in place from January, officials say Will allow Government to shut shopping malls or public transport if necessary Lockdown-free Sweden controversially relied on mostly … Read more

Brexit trade deal: UK businesses relieved as EU agreement reached

Business leaders today welcomed the ‘crucially important’ post-Brexit free trade deal between the UK and EU, saying households could breathe a ‘collective sigh of relief’. The British Retail Consortium hailed the agreement after months of talks and frantic last-minute wrangling, saying that four-fifths of UK food imports come from the bloc. The Christmas Eve deal was … Read more