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Radisson opens Scandinavian-inspired hotel at Schiphol hub

Radisson opens Scandinavian-inspired hotel at Schiphol hub

Mason & Fifth to open fourth London site in Belsize Park

Mason & Fifth to open fourth London site in Belsize Park

Classic British Hotels adds Whittlebury Park to portfolio

Classic British Hotels adds Whittlebury Park to portfolio

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Coronavirus Business Interruption Loan Scheme

The Coronavirus Business Interruption Loan Scheme (CBILS) was introduced to support UK businesses during the Covid-19 pandemic, with many hotels relying on it to survive prolonged periods of low or no revenue. Our coverage looks at how hoteliers accessed these loans to manage cash flow, retain staff, and maintain operations during lockdowns. We also report on the financial pressures many now face as repayments fall due, with limited flexibility compared to other schemes. For hospitality professionals, this provides critical insights into pandemic recovery, long-term debt planning, and calls for further support to aid sector resilience.

Coronavirus Business Interruption Loan Scheme

The Coronavirus Business Interruption Loan Scheme (CBILS) was introduced to support UK businesses during the Covid-19 pandemic, with many hotels relying on it to survive prolonged periods of low or no revenue. Our coverage looks at how hoteliers accessed these loans to manage cash flow, retain staff, and maintain operations during lockdowns. We also report on the financial pressures many now face as repayments fall due, with limited flexibility compared to other schemes. For hospitality professionals, this provides critical insights into pandemic recovery, long-term debt planning, and calls for further support to aid sector resilience.

Chancellor considers adding furlough extension to March budget

Chancellor Rishi Sunak is reportedly considering another extension to the government’s Job…

Furlough scheme extended until April 2021

The furlough scheme has been extended until the end of April 2021 with the government…

Over 58,000 hospitality jobs at risk in Scotland

Over 58,000 jobs in the Scottish hospitality sector are at risk, according to research…

CBILS – Why it’s important to the hospitality sector and how it could help you

The Coronavirus Business Interruption Loan Scheme, delivered through 60+ British Business…

Torquay Leisure Hotels secures £1m CBILS facility

Torquay Leisure Hotels has secured a £1m Coronavirus Business Interruption Loan Scheme…

Isle of Skye Hotel secures six-figure loan from Bank of Scotland under CBILS

The Kinloch Lodge hotel on the Isle of Skye has secured its future with the support of Bank…

Business rates revaluation postponed until 2022

A revaluation of business rates will no longer take place in 2021 in line with the…

Chancellor announces 100% guarantee on small business loans

Chancellor Rishi Sunak has announced the launch of a new ‘bounce back’ emergency loan scheme…

Windermere hotel secures £200k funding

A luxury Windermere hotel announced it has secured £200,000 funding from Barclays in order…

How to keep your business on track during the Covid-19 storm

During what is likely the most turbulent and troubling period for the majority of the…
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