Travelodge reduces rent payments to stay afloat
It employs 10,000 people nationwide across 700 properties. There are no planned closures of any of its hotels
IPSE to help freelancers and self-employed access mortgage advice
Through the partnership, IPSE members will be able to access CMME’s dedicated helpline
Conflicting government advice adding to tourism business hardship, says UKinbound
Tourism businesses, specifically tour operators and destination management companies, are at grave financial risk of collapse
There cannot be ‘blanket approach’ to furlough scheme, says Scottish government
Chancellor Rishi Sunak announced on 29 May that businesses will have to start paying National Insurance and tax contributions for staff in August
Employers to contribute to furlough scheme from August, freelancers may also claim
Chancellor Rishi Sunak had previously announced the plan to get businesses to contribute to the Coronavirus Job Retention Scheme
Airlines poised to exit FTSE 100 as virus hammers travel firms
Despite a slight lift in value in recent weeks amid optimism about loosening restrictions, both firms have more than halved in value over the past three months
Resorts World expansion gets green light
The long-term future of Resorts World Arena in Birmingham is looking bright, having had its planning application for roof extension works approved by Solihull Metropolitan Borough Council
Hostel owner positive it can welcome back guests under new plans
Safestay, which has nearly 5,000 beds at 20 hostels in the UK and across Europe, has been closed since 1 April
Rise in sales vacancies suggests bounce back for business is underway
According to Broadbean Technology's data, vacancies were down just 4% across the UK, the smallest decline in jobs for May so far
Starling Bank raises £40m as it lends to virus-hit small businesses
The digital bank said it has seen a “robust” number of new customers setting up accounts
