New government-backed loan scheme for small businesses unveiled

New government-backed loan scheme for small businesses unveiled

A new 100 per cent government-backed loan scheme has been revealed to support small business during the Covid-19 outbreak. Chancellor Rishi Sunak unveiled the new Bounce Back Loans scheme yesterday (27 April 2020) with businesses able to borrow between £2,000 and...
More than 140,000 apply for furlough scheme support

More than 140,000 apply for furlough scheme support

More than 140,000 businesses, including many in North Tyneside, have applied for help through the government’s Coronavirus Job Retention Scheme, according to reports. The Coronavirus Job Retention Scheme, which went live on 20 April 2020, will pay 80 per cent of...
Prestigious Queen’s Award for North Shields firm

Prestigious Queen’s Award for North Shields firm

Cable management experts D-Line, based on North Tyneside’s Tyne Tunnel Trading Estate, have been awarded the Queen’s Award for Enterprise in recognition of six consecutive years of exceptional sales growth in export markets. Since launch in 2006, D-Line’s...
North Tyneside Council rolls out almost £14m of support funding

North Tyneside Council rolls out almost £14m of support funding

North Tyneside Council has rolled out almost £14m of funding provided by the government to support businesses. The application process was launched on 27 March 2020 and to date almost 1,200 applications have already been processed. Businesses that are eligible for...
North Tyneside Council launches process for local business funding

North Tyneside Council launches process for local business funding

North Tyneside Council has launched an online process for local businesses to apply for funding to support them during the Covid-19 pandemic. North Tyneside Council is due to receive more than £30m to distribute among up to 3,000 businesses in the borough. Businesses...
Record year for Greggs

Record year for Greggs

Twitter LinkedIn Bakery giant Greggs has experienced a record year with the company reporting a surge in sales and pre-tax profit in preliminary results, which was buoyed by the continued popularity of its vegan product lines. Total sales for the 52 weeks ended 28...

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