Posted in home improvement loans

UK mortgage approvals hit 13-year high, as firms warn of tough times – business live | Business

A Greggs bakers store in Cardiff, south Wales, at the start of the lockdown

A Greggs bakers store in Cardiff, south Wales, at the start of the lockdown Photograph: Geoff Caddick/AFP via Getty Images

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

A swathe of UK companies are reporting today that Covid-19 continues to hurt their businesses, more than six months after the UK first imposed restrictions to battle the pandemic.

High street baker Greggs has warned that staff faced reduced hours, and potentially job cuts, as it tries to cut its employment costs.

Greggs, famous for its steak bakes, sausage rolls and new vegan offerings, reports that like-for-like sales in September are only 76.1% of the 2019 levels (an improvement on a ‘slow’ August).

With the government’s furlough scheme wrapping up in a month (replaced by a less generous wage subsidy package), Greggs says it must make cuts:


With business activity levels

Read More
Continue Reading UK mortgage approvals hit 13-year high, as firms warn of tough times – business live | Business
Posted in improvements

Staycation trend funds improvements in Moray village but campaigners warn government support is still needed

Campaigners are calling for more government support to upgrade rural tourism facilities as a result of the post-lockdown staycation boom.

The Findhorn Village Conservation Company has been collecting voluntary fees from the beach car park for more than two years.

The daily charges, which are £1 for cars and £10 for motorhomes, were introduced to generate income to maintain the site for visitors as well as make improvements for residents.

The model has been hailed as an example to follow by other communities by members of Moray Council.

© PRESS AND JOURNAL
Vehicles at the beach car park in Findhorn.

However, the group believes government support is still critical to cope with the rising trend of staycations as a result of the coronavirus pandemic.

Yesterday the Scottish Government stressed it was “very aware” of the concerns and stressed it had increasing funding pots to cope with demand.

Conservation company chairman

Read More
Continue Reading Staycation trend funds improvements in Moray village but campaigners warn government support is still needed