Fashion chain Oasis and Warehouse collapse into administration
The High-street fashion chains Oasis and Warehouse,have collapsed into administration this afternoon.
They employ over 2,000 people between them.Administrators say there will be 220 redundancies...
Banking and finance sector provides over £1.1 billion to SMEs through Covid-19 lending scheme
The banking and finance sector has lent over £1.1 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), UK Finance...
Has COVID-19 changed society’s view of money forever?
Future monetary policy will need to change to be effective says Gavin Brown and Dr Richard Whittle from Manchester Metropolitan University
As we sit here,...
NEXT to reopen limited online, Warehousing and Distribution
The Clothing retailer Next has announced that it will re-open Online in a very
limited way from today
Initially only categories that customers most need will...
GM LEP approves £3m funding to bolster financial support available to Greater Manchester businesses
The Greater Manchester LEP, working with the Growth Company, has unlocked an initial £3m package of urgently needed financial support for Greater Manchester businesses...
Chamber Launches GM Business Community
Greater Manchester Chamber of Commerce is offering all businesses who are not currently Chamber members free access to a new initiative launched in response...
Trade set to plunge as COVID-19 pandemic upends global economy
World trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life...
Turnover expected to halve for 70 per cent of micro businesses due to coronavirus,...
Almost 70 per cent of the UK’s smallest businesses expect to lose more than half of their annual turnover due to the coronavirus crisis,...
Panic buying in Tesco pushed sales up 30 per cent for some products
Tesco has said that “significant panic buying” in recent weeks cleared its supply chain of certain items, with sales jumping by around 30%. It...
Second Business Monitor Survey confirms severe impact of coronavirus on businesses across Greater Manchester
Greater Manchester Chamber’s second Business Monitor survey has confirmed the extent of the impact of coronavirus on local businesses.
The survey was conducted between Friday 27th March and Thursday 2nd April and captured the views of over 100 businesses.
More...