Latest Business

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

Government urged to use West Midlands as test bed to get events going again

The region’s tourism, hospitality and the cultural businesses have been hardest hit by the lockdown

Birmingham 2022 Commonwealth Games bolsters local businesses

The list of local businesses include DRPG and is part of £300m worth of contracts

London’s Southbank Centre fears closure

The Southbank Centre is made up of the Royal Festival Hall, the Queen Elizabeth Hall, the Purcell Room and the Hayward Gallery and offers

Cvent reduces headcount by 10% worldwide

The event technology giant has had to make some tough decisions

Contract and cancellation guidelines released

The Meetings Industry Association has developed new contract and cancellation guidance to help mitigate the impact of Covid-19 on future bookings

Government urged to allow temporary venue at Earls Court

The new site owners, Dutch pension group APG, Delancey and their joint venture partner Transport for London (TfL) have yet to bring plans forward

Treasury expands coronavirus loans for larger firms to £200m

Previously, the maximum pay-out was capped at £50m

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