Tag: businesses

Coronavirus: Rishi Sunak praises support for NI businesses

Image copyright PA Media Image caption The chancellor said almost 26,000 NI firms benefited from more than £1bn of government loan schemes Northern Ireland businesses have received an unprecedented package of support to help them through the coronavirus crisis, the chancellor of the exchequer has said. Rishi Sunak said almost 26,000 NI firms benefited from more than £1bn of government… Read more →

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Signs of optimism among Scottish small businesses

Image copyright Getty Images Image caption Small businesses have been able to reopen after being closed due to the coronavirus pandemic Scotland’s small business community has regained some confidence following a “complete collapse” in optimism earlier this year, according to new research. The Federation of Small Businesses (FSB) said its survey showed an improvement in this year’s second quarter (Q2)… Read more →

‘It’s devastating news’ – the businesses still unable to reopen

Image copyright Janice Dunphy Image caption Janice Dunphy, owner of the Web Adventure Park indoor play centre As the nation gradually unlocks, nightclubs and soft play centres still don’t know when it will be their turn to reopen. “On Friday there was the devastating news that everybody else apart from ourselves and nightclubs could open,” says Janice Dunphy, owner of… Read more →

Coronavirus: More businesses ‘beginning to reopen’

Image copyright Getty Images A survey suggests there are signs companies that shut down completely in April are starting to reopen. The Bank of Scotland’s business barometer survey found a fifth of firms were not operating, down from 32%. Meanwhile Scottish firms operating at less than 50% capacity had increased 18 points to 43%. Three-quarters of businesses reported disruption to… Read more →

Coronavirus: Many NI businesses will not pay rates this year

Image copyright Getty Images Hospitality, tourism, leisure and childcare businesses in NI will not have to pay rates this year, Finance Minister Conor Murphy has announced. Most retailers, aside from larger supermarkets and off licences, will also be exempt for the whole year. Businesses in other sectors will have their current three month exemption extended by another month. Rates are… Read more →

Coronavirus: The government guarantee that may save businesses

Image copyright PA Media Among the billions of pounds of support the government has given to help prop up businesses, one measure announced this week passed with little notice. It’s perhaps not surprising, as the words ‘trade credit insurance’ do not exactly quicken the the pulse. But in terms of keeping goods flowing through the global economy, this financial product… Read more →

Coronavirus: Businesses want ‘clear guidance’ on return to work

Image copyright Getty Images Business groups have called for clarity on what will need to change in the workplace as Boris Johnson unveils a “conditional plan” to reopen society. “Businesses need their practical questions answered so they can plan to restart, rebuild and renew,” said the British Chambers of Commerce. The prime minister said those who could not work from… Read more →