Tuesday, August 4, 2020

£20 million in new grants to help recovery of small businesses

Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects...

Sheffield-headquartered smart energy solution manufacturer secures CBILS loan

Manufacturer of smart energy technologies, Powerstar, has secured a loan facility from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS) to ensure...

Digitisation and growing client demands sees accountants evolving, research shows

Accountancy firms are on the brink of “positive disruption”, according to a new survey from Sage. The fourth annual ‘Practice of Now’ research report from...

Drax report ‘robust’ results against COVID backdrop

Drax Group has reported a “robust” performance in spite of the coronavirus crisis. For the six months to 30 June 2020, the listed energy company...

Integumen secures £3m to fund global expansion, product development

Integumen, a York-based life sciences group, has secured a £3 million three-year loan facility to fund its global expansion. The funding, provided by Riverfort Gobal...

Sheffield allocates funding for city’s night-time economy

Sheffield City Council has opened applications for larger independent business who operate in the City’s night-time economy as part of the second round of...

UK’s post-COVID economic recovery could take 18 months longer than expected

The EY ITEM Club Summer Forecast has significantly downgraded the near-term economic outlook for the UK with GDP now expected to contract by 11.5%...

Six figure CBILS-backed loan for West Yorks manufacturer

A furniture manufacture based in West Yorkshire has secured a six-figure loan to deal with the effect of COVID-19 and fund future growth. Shackletons received...

H1 deals fall short in Yorkshire and Humber

Yorkshire and Humber's M&A activity was substantially different for deals recorded before and after the UK lockdown on 23 March, according to Experian's H1...

Benchmark sell vaccine manufacturing assets to CGT Catapult

Benchmark Holdings has sold its vaccine manufacturing facility and business to the Cell and Gene Therapy Catapult (CGT Catapult) for £16 million to aid...

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Integumen secures £3m to fund global expansion, product development

Integumen, a York-based life sciences group, has secured a £3 million three-year loan facility to fund its global expansion. The funding, provided by Riverfort Gobal...

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