Thank you for your amazing support during this incredibly busy and challenging year. We hope you and your loved ones enjoy a safe and healthy festive season. We look forward to working with you next year! As usual, here are the latest updates and some ideas to help us all move forward. UK Recovered Quicker Than Forecast After First COVID-19 Lockdown The UK economy staged a faster recovery in the… Read more
eCommerce is growing rapidly, and recent research estimates that it will make up over 22% of global retail sales by 2023. With these statistics and the changes COVID-19 has brought, it’s more important than ever to take your retail business online if you want to stay competitive. It adds another revenue stream and keeps your business humming even while your brick and mortar doors are closed. In this article, we… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. New Coronavirus Strain Spreading in UK, Scientists Downplay Concerns British scientists are trying to establish whether the rapid spread in southern England of a new variant of the virus that causes COVID-19 is linked to key mutations… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. UK Gives First Doses of COVID-19 Vaccine The UK is getting a head start on the roll out of the first doses of COVID-19 vaccine after regulators gave emergency authorisation to the vaccines produced by Pfizer and… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. Preparing to Exit Lockdown The UK has got COVID-19 back under control, health minister Matt Hancock said as England prepares to exit a national lockdown this week and enter a tiered system of restrictions subject to a… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. Increase in Online Shopping Eases Pressure on UK Retailers A surge in shopping online has eased the pressure on retailers caused by England’s four-week lockdown and tighter restrictions across the UK, according to a survey from the… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. UK Economy Grew at Record 15% in Q3 The UK economy grew by a record 15.5% in the third-quarter, according to official data released last week, marking its sharpest quarterly expansion since records began in 1955. However,… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. Mass Testing For 67 More Areas in England COVID-19 deaths and new cases in the UK have fallen on last week – raising hopes the second wave is beginning to slow. Now, after the launch of a… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. England Back in Lockdown As UK COVID-19 Cases Surge Past One-Million Mark Prime Minister Boris Johnson has announced a second national lockdown for England to prevent a medical and moral disaster. This comes as the United Kingdom… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all move forward. UK Economy Slows as Restrictions Hit Travel, Leisure, and Hospitality Business activity has increased so far in October, but at the slowest pace since June, according to data firm Markit. Markit’s Flash UK Composite Output Index was… Read more
In these difficult times, you may find your business slowing down and sales harder to come by. Given this trend, establishing and maintaining connections with existing and potential customers have become more important than ever. So here are some simple tips to help you step up your marketing game: 1. Strengthen your social media presence. With the extended lockdowns and social distancing rules in place, it is the perfect time… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Lately, economists have been talking about a “K-shaped” recovery from the current recession. As this article in The Conversation explains, this kind of recovery happens when different parts of the economy recover at different rates. White-collar workers who can more easily work remotely may have an easier and faster path to recovery than… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s update. UK Unemployment Hits 3-Year High in August UK unemployment hit its highest rate in over three years, rising to 4.5% in the three months to August, according to data released by the Office for National Statistics. The report also showed that the number of people claiming jobless… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s update. New Three-Tier Lockdown Planned for England Last week, restrictions were tightened in northeast England due to the increasing rate of COVID-19 cases in the region. Now, leaked government documents reveal tougher COVID-19 measures that could be implemented locally or nationally. This may include the closure of pubs… Read more
Countries in recession, unemployment rates rising, multiple economic indicators at their all-time lows, increased market volatility– these are just some of the economic impacts we’re seeing as a result of the pandemic. As we continue to battle the COVID-19 crisis, it is important for everyone, especially those who have had their income stream affected, to keep their finances in check and proactively find ways to navigate to recovery. By creating… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s update. New Job Support scheme set to replace furlough Chancellor Rishi Sunak has announced the government’s plan to protect jobs and support businesses in the coming months. Key parts of the announced Winter Economy Plan include: a new Job Support Scheme, an extension of Self-Employment Income Support Scheme,… Read more
Now is the perfect time to evaluate your financial position and come up with innovative ways to add revenue streams and generate cash. Here are five ways you might consider to improve your cash inflow: 1. Evaluate your current company assets. Take a look at your assets, both fixed and human. Could you make slight pivots to create a new form of income? For instance, if you run a coffee… Read more
Chancellor Rishi Sunak has announced the government’s plan to protect jobs and support businesses in the coming months. Key parts of the announced Winter Economy Plan include: a new Job Support Scheme, extension of Self Employment Income Support Scheme, an extension of the VAT cut for hospitality and tourism sectors, and help for more than 1 million businesses in repaying government-backed loans. We break it down for you below, but… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s update. New COVID-19 Restrictions As the UK reached “a perilous turning point”, Prime Minister Boris Johnson has announced a set of new restrictions for England which could last for up to 6 months. Below are the new rules as summarised by BBC: Office workers are being told to… Read more
Welcome back to our Weekly Update. We hope you and your family are safe and doing well. Read on for this week’s update. UK’s Rule of Six Explained The ‘rule of six‘ started on Monday banning social gatherings of more than six people due to a surge of COVID-19 cases. Here are the specific rules for England, Scotland, and Wales. Rules in England It is illegal to gather socially (indoors… Read more