The Chancellor Rishi Sunak is today taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. Amidst growing pressure that UK banks simply weren’t doing enough, fast enough, Sunak through the statement below issued earlier from HM Treasury today, has … [Read more...]
Banks undressing Rishi Sunak in front of our eyes
Chancellor of the Exchequer Rishi Sunak has looked like the saviour of UK Businesses in recent weeks. The lack of action by banks to follow his instructions however looks like they are already trying to undress the new emperor. Rishi Sunak enjoyed a very accomplished career as a banker prior to entering government, as such he understands how banks work and what UK businesses … [Read more...]
Banks need to find balance and gratitude and repay UK government and taxpayers now
Finding some balance is exactly what the UK economy needs right now, and a good dose of balance is what UK banks need right now too. In the years leading up to the financial crash in 2008 banks simply couldn’t lend people and businesses enough money. Lending money was making banks, or so they thought, enormous profits. The trouble was that the lending criteria, especially in … [Read more...]
Ecuador’s Mashpi Lodge eco-hotel discovers new species of orchid
Luxury eco-hotel, Mashpi Lodge, located deep in the heart of the Ecuadorian Choco ecoregion, is delighted to announce the discovery of a new species of orchid. Named Lepanthes mashpica after its home, the species was found in the protected reserve surrounding the hotel by the Lodge’s dedicated Research & Biology team as part of their ongoing mission to protect and … [Read more...]
UK hotels make 20,000 beds available to front line COVID-19 workers
Almost 200 hotels have made over 20,000 beds available around the UK for NHS staff and other vital workers, following a call from hospitality trade body UKHospitality. Beds in hotels across the country have been provided by hotels of differing size, from national chains to single sites, to help house key workers being deployed to areas of high need. The 20,000 beds have … [Read more...]