News

April 19, 2021

UK Personal Savings Hit Record High

With the latest stage of lockdown restrictions being eased, economists and forecasters are predicting UK consumer spending will help to boost the recovery. The backdrop to the prediction is the record level of personal savings that UK households have squirrelled away during the pandemic. With opportunities to spend restricted, records have been set and broken in 2020 and early 2021 as more and more money has been deposited in UK banks. Record Monthly Personal Savings In the six months... read more

Working From Home – Insurance Risks

People working from home are being warned about the risk of invalidating their home insurance. With the stay-at-home order issued in March 2020, two subsequent national lockdowns and government guidance still recommending people work from home wherever possible, the number of people making adaptations to residential properties to create a long-term workspace is on the increase. Home Workspace Conversions Spare rooms, sheds and garages are rapidly being converted into workshops, offices... read more

Co-Operatives Movement Gets a Covid Boost

Reports show an increase in the number of co-operatives having been established in 2020/21 as businesses search for recovery solutions. Faced with cancelled orders, falling sales and a lack of wholesale trade opportunities, hundreds of smaller enterprises were staring down a bleak future when the Covid pandemic took hold in Spring 2020. Whilst many took advantage of Government support, others such as artisan food producers and craft breweries, needed to find a way to clear through stock... read more