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News

Survey Finds SMEs Struggling, But There Is Finance Out There

Following reports that many financial institutions have cut access to the state-backed loans, even though the scheme has been extended until the end of next November, Purbeck Insurance Services, provider of the UK’s only Personal […]

Insurance Regulation

Latest FCA Guidance on Consumer Credit/Payment Difficulties

The FCA has confirmed measures to ensure that firms provide tailored support for users of certain consumer credit and overdraft products who continue to face payment difficulties due to coronavirus (Covid-19). Many consumers getting into […]

News

Purbeck Survey Predicts SME Demand For Bounceback Loans

A new survey of commercial finance brokers supporting the UK’s small businesses suggests thousands of firms will be clamouring for business loans as the government support measures ease back.  88% of brokers surveyed expect to see […]

Insurance Regulation

FCA Proposes More Support For Mortgage Borrowers Later in 2020

The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support to mortgage borrowers who continue to face payment difficulties due to coronavirus. Recently the MSM covered the extra support offered […]

Business

Entrepreneurs Insuring Start-Up Loans, Rather Than Risking Their Houses

As Companies House data shows a rise in start-ups born during the pandemic, new figures from Purbeck Insurance Services reveal savvy entrepreneurs in the UK collectively secured £25m of funding for a new venture in the past […]

News

Covid-19 Proves Final Straw for Estimated 240,000 Self-Employed

The August 2020 report from the Office for National Statistics, shows a record fall of self-employed people, reports Bambridge Accountants. 238,000 fewer self-employed individuals in the latest quarter (April to June 2020 compared to January to March […]

Business

Covid-19: 10K SMEs Apply for Business Boost Loans

Over 10,000 SME owners have applied for a single £10,000 Business Boost grant from insurer Simply Business, as the coronavirus continues to take its toll financially on small businesses. Simply Business launched the grant at […]