The Welsh First Minister, Mark Drakeford, has announced a new £500m fund to provide extra support to the Welsh economy, businesses and charities experiencing a sharp drop in trading as a result of the coronavirus pandemic, reports local news service, Wrexham.com The Economic Resilience Fund is aiming to “plug the gaps” in the UK Government’s support schemes already announced, […]
£500mn extra support for Welsh companies Read More »
Supermarkets often get a bad press (with good reason) from suppliers lamenting draconian payment terms which have been known to put small companies out of business, but Morrisons is bucking the trend by paying its small suppliers immediately to help keep them afloat during this period of economic uncertainty. For the smallest suppliers, with an
Morrisons offers lifeline to small suppliers Read More »
High street banks are failing to support small independent retailers in the wake of the Covid-19 crisis, a new members’ survey by the British Independent Retailers Association (Bira) has revealed. Bira asked its members three key questions about the support they’ve received following the outbreak of coronavirus – and the results show a large majority
Bira members lament lack of support from banks, which should “hang their heads in shame” Read More »
Iconic British ceramics brand Emma Bridgewater has secured an £8m investment from BGF, the UK and Ireland’s most active investor in growing businesses, to support further UK growth and international expansion. The development sees Colin Porter join the board as non-executive Chair. Colin brings with him a wealth of e-commerce, brand and international retail experience
£8mn funding for Emma Bridgewater Read More »
Whilst many British retailers have welcomed measures such as rates relief, which might just enable them to survive the trauma of closing up for months this spring, across the pond some 47,000 American stores have pulled down their shutters and virtually all US retailers have informed landlords they will withhold or slash rents. For some
Shock to the retail system as shops close and exhibitions are cancelled or postponed Read More »
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