91����

New research from Santander UK reveals that over a quarter of students currently run or plan to run a business whilst at university. The study – which polled 1,000 undergraduates from across the UK – found that almost one in ten (9%) entrepreneurs are already running a business alongside their studies, an increase from just 6% recorded in 2018, with an additional 18% of students saying they have plans to start their own business venture in the near future.
 

In 2018 the business secured a £980,000 funding boost from Santander to finance its expansion plans. It has now successfully secured a 25-year lease from Chorley Council for its second nursery. This month, the £50k loan from Santander UK will enable Buckshaw Bunnies to make improvements to its new Little Manor Day Nursery at a time when many early years settings are facing challenges from coronavirus. 

Barrow-upon-Humber based business, Holistic Fire Safety Limited, has secured a £25k Bounce Back Loan from Santander UK to meet growing demand as workers across the UK return to the office.

Bustling Belfast restaurants, Chubby Cherub and AMPM, have secured £150k and £190k respectively through the Coronavirus Business Interruption Loan Scheme (CBILS) package from Santander UK. The funding will be used to help manage ongoing cashflow issues, which were compounded due to lost revenues during Covid-induced closures.

Clayton Glass Limited, one of the UK’s largest glass manufacturers, has secured new funding from Santander UK to support its growth following the acquisition of Global Glass brand in October 2019.  

New research from Santander UK reveals the Covid-19 pandemic shows consumers want to actively support their local businesses with increased spending, as findings reveal, on average UK adults are now willing to spend an extra £30 each month with small businesses.

Leading self-invested pension specialist (SIPP), Curtis Banks, has secured a £30m finance facility to acquire Dunstan Thomas Holdings Limited (DTG), a fintech specialist.

It’s a start to the university year unlike any before, but as thousands of young adults across the UK prepare to embark on their journey into higher education, one thing hasn’t changed - Santander continues to offer them its 1|2|3 Student Current Account uniquely tailored to their needs.

From 27 October Santander will change two household bills categories where customers receive cashback on bills paid from the 1I2I3, 1I2I3 Lite, Private and Select Current Accounts. The monthly fee for the Santander 1I2I3 Lite account will be increased from £1 to £2 per month on the same date.

New research from Santander UK reveals that a third (32%) of the UK’s SMEs who implemented changes plan to make their Covid-19 adaptations a permanent feature post-pandemic as almost half found they not only survived, but actually grew their customer base during Covid-19.

Manchester based business Automet Limited, a specialist car engine recycler, has secured a £600,0000 Coronavirus Business Interruption Loan Scheme (CBILS) facility to support its cashflow during the Covid-19 outbreak. 

Crieff Hydro, a family-run Scottish hotel group, has secured a £5m CBILS overdraft from Santander UK to help the business through the challenges facing the hospitality and leisure sector during the pandemic.  

Santander UK agreed a £175k CBILS support package with the funding supporting La Barca to invest in internal renovations to ensure social distancing can be adhered to. The funding will also help to equip colleagues with personal protective equipment (PPE) and fund marketing to help bring in new income streams.  The restaurant has increased its outdoor seating capacity and introduced “fine dining” takeaway and catering services. 

Torquay Leisure Hotels Limited, the South West’s largest serviced accommodation provider, successfully secured a £1m Coronavirus Business Interruption Loan Scheme (CBILS) facility from Santander UK. The Group has now begun reopening in stages to comply with industry and government guidelines. 

Able Waste, a Croydon-based waste management company, has secured a £300k CBILS loan from Santander UK.  The loan has enabled the business to continue to trade and to retain staff through a challenging period of uncertainty.  

Parogon Pub Group Limited, operator of seven gastropubs based in Staffordshire, has secured £2m of funding from Santander UK as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The funding will enable the business to meet immediate cashflow needs and ready the sites for reopening this weekend. 

Santander UK has worked with Tunbridge Wells based Corinthian Benefits Consulting to provide a £175k CBILS loan. The funding will support cashflow during this uncertain period and enable the business to invest in and develop its online services proposition.  

The coronavirus pandemic has exacerbated the UK’s loneliness problem, with a quarter of UK adults saying that lockdown has made them realise that they have “no real friends”, according to new research by Santander UK.

Forecasts reveal it will take until 2022 for manufacturing to recover to its pre-Covid-19 growth track, while it could cost a potential £35.7 billion in Gross Added Value this year alone, according to a major report published today by Make UK and Santander UK.

Central Produce, a family run fruit and vegetable wholesaler based in Alloa, Scotland, supplies products to the catering trade across Central Scotland. The Coronavirus Business Interruption Loan Scheme (CBILS) loan provided by Santander UK enabled the business to continue trading during the crisis and helped to fund the set-up of a new delivery service.