Lyndale Social Media - Blog
An interesting look across the pond, at how #SmallBiz are coping in the US
https://edition.cnn.com/2020/06/23/politics/ppp-small-business-loans/index.html
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Emergency small business loans helped, but they won't be enough
Congress' $650 billion forgivable loan program helped small business owners keep millions of people on their payrolls as states imposed shutdowns...
Tag: CNN.COM
Tag: Business Friday
10th July 2020
The differences between businesses and consumers through "Lockdown"
https://www.theguardian.com/business/2020/may/01/uk-consumers-debt-business-loans-borrowing-coronavirus-bank-of-england-covid-19
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UK consumers clear £3.8bn of debt while business loans soar since Covid-19 crisis
UK businesses borrowed record sums in March, while consumers cleared £3.8bn of debt, according to figures from the Bank of England that show firms and individuals “battened down the hatches” as the coronavirus crisis hit...
Tag: THEGUARDIAN.COM
Tag: Business Friday
3rd July 2020
Not even a coronavirus 3 months, just a productive 3 months!
#MondayMotivation
Tag: Motivation Monday
29th Jun 2020
Bleak outlooks on the aftermath of CV on SmallBiz & UK economy
https://smallbusiness.co.uk/half-a-million-small-businesse.../
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Half a million small businesses in financial distress
One in four businesses in Britain has already shut its doors, according to latest Office for National Statistics survey...
Tag: SMALBUSINESS.CO.UK
Tag: Business Friday
26th June 2020
The cost of the CV bailout schemes
https://www.theguardian.com/.../uk-coronavirus-business-bailo...
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UK Covid-19 business bailouts have already cost more than £100bn
The bill facing the government for subsidies and tax breaks for businesses hit by the Covid-19 outbreak has already reached more than £100bn, according to the Treasury’s independent economic forecaster...
Tag: GUARDIAN.COM
Tag: Business Friday
12th June 2020
More on the "Bounce Back Scheme" offered by UK Gov.
https://moneyfacts.co.uk/.../how-to-apply-for-a-coronavirus-.../
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How small businesses apply for a Coronavirus Bounce-back Loan
The new Bounce back loan scheme launched by the Government today offers small businesses loans of between £2,000 and £50,000. These business loans have an interest rate of 2.5% available on terms of up to six years...
Tag: MONEYFACTS.CO.UK
Tag: Business Friday
29th May 2020
The "Business bounce back" scheme
https://www.gov.uk/…/small-businesses-boosted-by-bounce-bac...
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Small businesses boosted by bounce back loans
New 100% government backed loan scheme for small business...
Tag: GOV.UK
Tag: Business Friday
22nd May 2020
Business founders have their say on CBILS
https://www.forbes.com/.../uk-small-businesses-going-bust-f.../...
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U.K. Small Businesses Going Bust: Fintech’s Godfather Lobbies Government To Take Action Now
Nick Ogden, the founder of Worldpay, fintech’s largest global exit to date, is lobbying the U.K. government to save small businesses that are going bust due to the lack of funding made available to them with the new COVID-19 crisis CBILS scheme...
Tag: FORBES.COM
Tag: Business News
19th May 2020
Gov't offering to support small business through CV
https://www.expressandstar.com/.../covid-19-loans-slow-as-an.../
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Covid-19 loans slow as another £1.3bn handed to small businesses
Last week UK Finance reported that around £1.45 billion in small business loans had been approved...
Tag: EXPRESSANDSTAR.COM
Tag: Business Friday
15th May 2020
Be original, follow Your passion, not other people!
#MondayMotivation
Tag: Motivation Monday
11th May 2020
Main Photo by Rami Al-zayat on Unsplash