Following an 80% rise in April in the alternative finance market, latest figures by the Finance and Leasing Association (FLA) show the growth in leasing and and hire purchase new business in May 2021, compared with the same month 2020. For the five month period from January to May, new business in these areas was … Read more

Research from ONS shows that in April the UK grew at its fastest pace since lockdown was eased last summer, with retail reopening and schooling resuming, strong numbers have contributed to a recovery similar to that of pre-pandemic levels. The volume of goods and services produced has increased 2.3% and GDP reached just 3.7% below … Read more

Latest figures from the Finance & Leasing Association (“FLA”) show the growth in total asset finance new business (primarily leasing and hire purchase) grew by 80% in April 2021 compared with April 2020. In the first four months of 2021, new business was 15% higher compared to the same period in 2020. Significant increase in … Read more

On Wednesday, 3rd March, Chancellor Rishi Sunak announced the Government’s latest Budget, perhaps the most significant for businesses in recent times due to the events of the last 12 months. We’re breaking down the key policies affecting British small and medium enterprise (SME) businesses, how they trade, pay tax and the effect on jobs. In … Read more

Managing cash flow is essential for any business, small or large, and more so now than ever, as it allows a company to keep trading and making money, without managing cash flow, companies could find themselves in debt rather quickly. By definition, cash flow is the money coming in and out of a business, such as … Read more

According to recent reports, such as those from Bank of England economist Andy Haldane, the UK could recover quicker than expected, with a v-shaped economic recovery. In a v-shaped economic recovery, the economy suffers a sharp, but short-lived period of economic contraction, such as that experienced in the last 3 months, as exemplified by new … Read more

Johnson Reed now has access to the Coronavirus Business Interruption Loan Scheme (CBILS), enabling businesses that fit the criteria to apply for a government-backed loan to help support them through a difficult economic period. the loan is a available for an unknown amount of time and has various stages, requirements and processes that must be … Read more

Johnson Reed has been accepted and approved by Accredited Coronavirus Business Interruption Loan Scheme (CBILS) Lenders as an Accredited Lending Partner, allowing businesses and suppliers the opportunity to apply for vital business finance. As an approved intermediary, the Stockport-based business finance specialist can make applications for companies that have been trading for a minimum of … Read more

Amid the Coronavirus pandemic, there is an understandable amount of uncertainty concerning business. In particular, finance, cash flow, wages, VAT, business rates. As part of the commitment of the Johnson Reed commitment to helping support our businesses during this time, check out our guide on everything the government has published so far. All accurate and … Read more

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Chancellor Rishi Sunak gave his latest COVID-19 response yesterday with his first update since the budget. The first Government response since the Budget, with commitment to supporting small and medium businesses. He stated “I want to reassure every British citizen, this government will give you all the tools you need to get through this.” “We … Read more