The term zombie is one normally associated with that of big budget TV programmes, bolstering Hollywood stars and a lot of extremely talented make-up artists and special FX. The overall aim of which is to convince you, the viewer, that the dead are truly walking amongst the living. In 2020 however, it may well be…

The British Business Bank has announced that it has approved six new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). New lenders Bibby Financial Services, iwoca, Scania Financial Services, Triodos Bank UK, Ulster Community Investment Trust (UCIT), and Woodsford TradeBridge will be able to provide financial support to smaller businesses across the…

Cifas and The Vulnerability Registration Service (VRS) have entered into a collaborative agreement that will offer protection to vulnerable individuals through the VRS national vulnerability database later this year. With effect from 1st August 2020, Cifas will no longer be providing the Protecting the Vulnerable scheme. The Protecting the Vulnerable scheme is a shared register…

Information services firm, Experian, has announced 9% rise in revenues, while profits have dipped slightly. The firm was driven mainly by double-digit growth in North America and Latin America, while UK & Ireland growth stood at 2%. Turnover for the year to 31st March came in at £4.22 billion, with profits dropping by 2% to £942…

The Government has announced that it will extend the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CBILS) from £50 million to £200 million. The maximum loan size increase will help ensure those large firms which do not qualify for the Bank of England’s Covid Corporate Financing Facility (CCFF) have enough…

New Office for National Statistics (ONS) figures show that the number of people claiming Jobseeker’s Allowance and seeking support under the Universal Credit “searching for work” conditionality rose by 69% to over two million between March and April. Federation of Small Businesses (FSB) research shows that close to one in ten (8%) business owners have…

Business decisioning data and analytics provider, Dun & Bradstreet, has announced that it has introduced a COVID-19 Impact Index. The seeks to address the urgent needs of business leaders to better understand the real-time impacts of the pandemic on companies and their network of suppliers and customers. The analysis is based on evolving local conditions…

A survey of customers by debt advice provider Financial Wellness Group has revealed how lockdown has impacted the finances of those already on a debt solution. Almost two-thirds of respondents (64%) had experienced a drop in household income since the lockdown started. The study shows the vital importance of the Government Job Retention Scheme: 38%…

One in ten retailers is facing imminent collapse as the economic damage of the pandemic begins to accumulate according to findings of the Opinium-Cebr Business Distress Tracker. Anticipated business recovery time increases to 28 weeks, suggesting the longer lockdown persists, the longer it will take to rebuild Despite this, more than two-fifths of businesses (41%) report…

Commercial finance provider, Independent Growth Finance (IGF) has announced that it has promoted Mike Fletcher as Head of Client Portfolio. Fletcher has been with IGF for three years and moved across the sales team during a successful period as ABL director in London. Mike’s experience of working within ABL portfolio management, includes positions held at…