The Recovery Loan Scheme Has Been Extended – are you eligible?

With most of the Government’s Covid financial support schemes now closed, the Recovery Loan Scheme (RLS) has been a last route to funding for many Covid-impacted businesses. The RLS was scheduled to end on 31 December, putting a very final full stop on...

How Can You Improve the Cash Flow Health of Your Business?

Are you struggling with late payments? All business owners know that cash is the lifeblood of any business. The key to improving your cash flow is to monitor your outgoings as well as your incomings – this means you need to manage your expenses as well as your sales....

How is Industry 4.0 Revolutionising the Manufacturing Industry?

It’s time to ditch the Excel spreadsheets and develop smart factories. Industry 4.0 (referred to as the Fourth Industrial Revolution) was first introduced in 2011 by the German Government as a strategic initiative to fully computerise the manufacturing industry...

Covid-19 – Analysing the Recovery Loan Scheme

Budget 2021 announced a successor loan scheme to support UK business recovery. Earlier coronavirus (Covid-19) loans, like the Bounce Back loan, closed to applications on 31 March 2021. The new Recovery Loan Scheme (RLS) launched on 6 April 2021 and runs to 31 December...