Rural Business Category
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CMM and Barclays join forces for museum expansion
Barclays' funding boost for Notts museum The Framework Knitters Museum in Ruddington, Nottinghamshire, has obtained funding from Barclays to help the museum achieve an ambitious redevelopment and expansion project. The funding deal was overseen by Graham Allen of Corporate Money Matters, an independent corporate consultancy and financial specialist, who worked closely with the museum to find a suitable funding partner and broker the deal. Dennis Jones, Assistant Treasurer at the Framework Knitters Museum, explained: ‘We’re very proud ...
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UK manufacturing sector remains solid
The UK manufacturing sector remained solid at the end of the first quarter of 2017, with the Markit/CIPS Purchasing Managers’ Index. recording 54.2 in March (54.5 in February) having remained above the neutral mark of 50.0 for the eighth successive month. The latest PMI reading compared favourably to its long-run trend (51.6) although sector data suggested ...
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More cybercriminals targeting UK businesses
UK business were, on average, subject to almost 230,000 cyber attacks each during 2016. According to research by internet provider, Beaming, the volume of attacks hitting individual firewalls exceeded 1,000 per day, on average, in November of last year. While a third of attacks attempted to access company databases in the first quarter of 2016, cybercriminals have since ...
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SMEs owed more than £586bn in outstanding invoices
UK SMEs are owed more than £586 billion in outstanding invoices according to recent figures from Lloyds Bank Commercial Banking. The average small business is owed more than £108,000 in unpaid invoices, an increase of 8% since January 2016, with almost a third of firms citing late payments as the biggest cause of cash flow problems. The Business in Britain report, which gathers the views of more than 1,500 UK companies, found that more than 1.5million SMEs ...
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UK manufacturing activity rises
Conditions in the UK manufacturing sector continued to improve at the end of the third quarter, according to the Markit/CIPS Purchasing Managers’ Index (PMI). The domestic market remained a prime driver of new business wins, while the weaker sterling exchange rate drove up new orders from abroad. At 55.4 in September, up from 53.4 in August, the seasonally the Index rose to its highest level since June 2014. The ...
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Agri-Tech Catalyst awards £17.8m in funding
Projects to improve agriculture and food production at home and overseas have received £17.8 million under the latest round of the Government’s Argi-Tech Catalyst funding scheme. Projects include assessing the potential to commercialise the farming of lobsters; a proposal to cultivate scallops on ropes and a way of continuing to make whisky with UK wheat, by using a novel variety. The ...
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Brexit impacts UK commercial property
The UK commercial property market has seen a significant drop in confidence and investor demand following the Brexit vote, according to the Q2 2016 RICS UK Commercial Property Market Survey. Both the investment and occupier sides of the market have been affected by the change in sentiment and both rent and capital value expectations are now in negative territory. Although ...
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UK’s sharing economy leads the way
Total transactions for the UK’s five most prominent sharing economy sectors – collaborative finance, peer-to-peer accommodation, peer-to-peer transportation, on-demand household services and on-demand professional services – could see a 20-fold increase to £140 billion by 2025, up from £7 billion today, according to new analysis by PwC. Over the past year the UK’s sharing economy has grown faster than the ...
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Final deadline to apply for BPS 2016
With the final deadline to apply for the 2016 Basic Payment Scheme (BPS) less than a fortnight away, the Rural Payments Agency (RPA) is urging farmers to apply as soon as possible before midnight on 10th June. For those still wanting to submit on paper form, the last day to request one from the Rural Services helpline is Monday 6th June.
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CMA tackles cloud storage contracts
The Competition and Markets Authority (CMA) has responded to concerns over cloud storage, having found that some businesses have some contract terms and practices that could be in breach of consumer law. These include giving cloud storage companies the ability to: change the service or terms of the contract at any time, for any reason and without notice suspend or terminate the contract without notice for any reason automatically renew a contract at the end of ...
