Chancellor unveils new measures to SME loan scheme
Chancellor of the exchequer Rishi Sunak has unveiled a major overhaul to his previously announced SME loan scheme. Initially, the...
Coronavirus
Accor withdraws dividend and furloughs 75% of staff
Hospitality giant Accor has withdrawn its dividend against its 19 earnings and has furloughed around 75% of its staff, as...
Claridge’s offers accommodation to NHS
Claridge’s hotel announced it has offered free accommodation to NHS workers as the coronavirus pandemic continues to unfold. The five-star...
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network. ...
Burgh Island hotel to still house staff amid temporary closure
The Burgh Island hotel in Bigbury-on-Sea, Kingsbridge, has revealed it will continue to offer accommodation to its staff amid its...
Ramsay Arms Hotel ceases trading
The Ramsay Arms Hotel in Fettercairn announced it has made the “extremely difficult decision” to cease trading with immediate effect....
20,000 beds made available to key workers, says UKHospitality
Almost 200 UK hotels have made 20,000 beds available for NHS staff and other key workers, after UKHospitality urged the...
The minimum wage increase is about to hit – and it beggars belief
As if to bang the final nail into the coffin himself, we can only assume the Treasury’s top man, chancellor...
AirBnB offers free stays for medical staff
Airbnb hosts are offering NHS and medical staff free places to stay whilst they carry out their critical work on...
What we know about furlough leave and the CJRS
HMRC published details of the Coronavirus Job Retention Scheme (CJRS) on 26.3.20 which are available here: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme Key points include:...
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