Cash crisis at half of small firms: Devastating bank memo lays bare how millions will run out of money in just eight weeks By Helen Cahill, Financial Mail On Sunday Published: 21:57 BST, 4 April 2020 | Updated: 23:08 BST, 4 April 2020 Top secret documents circulated among Britain’s largest banks reveal half of the … Read more
Drinking a small glass of red wine a day could help avoid age-related health problems like diabetes, Alzheimer’s and heart disease, study finds Chemical compound called resveratrol is found in skin of grapes and red wine In small doses it mimics the hormone oestrogen and associated health benefits Imitating the hormone triggers production of key proteins … Read more
Coro Energy has introduced new cost-cutting measures to manage the severe disruption in the oil and gas market, which resulted in the ‘termination’ of chief executive James Menzies. The Italy-focused energy company offered all executive directors three options: take an unpaid sabbatical, receive three months’ notice in shares or become non-executive directors. Menzies did not … Read more
Homeowners who bought with a small deposit and are now nearing the end of their fixed or tracker rate deal could find themselves forced onto a higher interest rate, pushing monthly payments up significantly. Most lenders say they will honour the Government promise to offer homeowners struggling financially due to coronavirus a mortgage payment holiday … Read more
eBay slashes fees to support struggling small firms during the pandemic By Amelia Murray For The Daily Mail Published: 22:01 BST, 31 March 2020 | Updated: 22:55 BST, 31 March 2020 EBay has slashed its fees for business sellers to support entrepreneurs struggling as a result of the pandemic. As of last week, small firms … Read more
Banks told to stop asking small business owners to put their own assets up as guarantee to access government-backed coronavirus loans The IoD said all banks should drop requirements for personal guarantees Some banks have been criticised for insisting that business owners put their personal assets as a collateral in exchange for the Government-backed loans Seven … Read more
Americans may be too diseased to return to work after the worst of the coronavirus pandemic has passed because they are the most vulnerable. The US is already facing huge burdens on its healthcare system with rising rates of obesity, diabetes, high blood pressure and other chronic conditions. More than 60 percent of adults in the … Read more
The gold price has hit record highs in several currencies in recent days, including the pound, Canadian dollar, South African rand, and Australian dollar. It has also recovered much of the ground lost in US dollar terms when investors sold heavily to cover losses elsewhere in the market. That selling is now abating, and the … Read more
Family-run engineering company in Wales develop new ventilator in just THREE days to treat coronavirus patients and are manufacturing 100 a day to help battle pandemic Covid Emergency Ventilator was devised with help from a senior NHS consultant Engineers CR Clarke usually design plastic fabrication equipment for industry They were approached by Dr Rhys Thomas … Read more
Enterprise Nation’s Emma Jones shares her tips for small businesses on how to best to weather the coronavirus storm Small business founders could be forgiven for diving back under the covers, says Enterprise Nation’s Emma Jones. But while we shouldn’t underestimate the collateral damage the coronavirus will inflict on our economy, if we keep on … Read more