DOCSLIB.ORG

1000 Companies UK 2018 Download

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
1000 Companies UK 2018 Download 1000 1000 COMPANIES TO INSPIRE 1000 COMPANIES TO INSPIRE 2018 BRITAIN BRITAIN 5 YEARS OF 1000 COMPANIES TO INSPIRE BRITAIN This edition marks the 5th anniversary of celebrating the great and the good of British business 2018 Our sponsors www.1000companies.com 2 1 COMP000ANIES TO INSPIRE 20 18 BRITAIN London Stock Exchange Group Editorial Board Contents Lauren Crawley-Moore (Head of Marketing Campaigns & Events), Alexandra Ritterman (Senior Press Officer), Jennifer Way (Head of UK Events), Rugiyya Gahramanli (Marketing Associate), Ester Russom (Press Officer) Forewords 97 Martin McTague Policy Director, Federation of Small Businesses 5 Nikhil Rathi CEO, London Stock Exchange plc 106 Dr Adam Marshall Wardour Director General, British Chambers of Commerce Led by Claire Oldfield (Managing Director) and Ben Barrett (Creative Director) 9 Stephen Welton CEO, Business Growth Fund 116 Tim Ward The team included: Matt Williams (Art Director); Bethan Rees (Editor) and Wardour editorial; 11 Anthony Hotson CEO, Quoted Companies Alliance Charlotte Tapp and Jennifer Flower (Project Directors); Angela Derbyshire and Jack Morgan (Production) CEO, Cenkos Wardour, Drury House, 34–43 Russell Street, London WC2B 5HA, United Kingdom 12 Keith Morgan Sectors +44 (0)20 7010 0999 www.wardour.co.uk CEO, British Business Bank 22 Creative Industries 13 Luca Peyrano How Altitude Film Entertainment is CEO, ELITE showcasing independent films 14 Justin Fitzpatrick 32 Food & Drink Co-founder and COO, DueDil Turtle Bay brings a slice of the Caribbean to Britain’s food scene Pictures: Getty Images, Alamy, iStock 16 Ben Wright Business Editor, The Telegraph 42 Retail All other pictures used by permission Tropic Skincare and the booming natural beauty industry Cover illustration: Parko Polo Research findings Printed by Graphius on FSC certified material 54 ELITE 18 Crunching the numbers Showcasing LSEG’s support for amibitious 20 1000 companies: UK snapshot businesses in the UK 64 Manufacturing & Engineering Sponsored features Croxsons explains why consumers are moving 52 Business Growth Fund away from mass-made glass items 74 Cenkos 76 Scottish Firms Spotlight on some of the companies making waves north of the border Company information powered by DueDil, February 2018 Expert commentary 4 The Rt Hon Theresa May MP 84 5 for Five Celebrating the five companies that have An official publication of London Stock Exchange Group Prime Minister of the United Kingdom made it into the book for the past five years 8 The Rt Hon Nicola Sturgeon MSP First Minister of Scotland 98 Technology & Digital Unit9 pushes the boundaries for what’s 10 Jonathan Reynolds MP possible for brands Shadow Economic Secretary to the Treasury 108 Leisure 31 Jenny Tooth OBE © London Stock Exchange Group 2018. All rights reserved Galgorm Resort & Spa showcases what Chief Executive, UK Business Northern Ireland has to offer 10 Paternoster Square, London EC4M 7LS Angels Association 118 Green 39 Irene Graham First Mile and UK Waste Solutions endeavour CEO, ScaleUp Insitute to make recycling more efficient By making this communication, none of London Stock Exchange Group plc and/or its group undertakings (which shall be construed in accordance with section 1161 of the Companies Act 2006) (“LSEG”), Wardour Communications 40 Tim Hames Limited (“Wardour”), or the individual authors intend to invite or induce you to engage in any investment activity for the purposes of the UK regulatory regime (other than, where relevant, in respect of the London Stock Exchange Director General, British Private Equity At a glance plc’s exempt activities of operating UK-regulated investment exchanges and providing clearing services in the UK). This publication does not constitute an offer to buy or sell, or a solicitation of an offer to sell, any securities, or & Venture Capital Association the solicitation of a proxy, by any person in any jurisdiction in which such an offer or solicitation is not authorised, or in which the person making such an offer or solicitation is not qualified to do so, or to any person to whom it 127 Getting to 1000 is unlawful to make such an offer or solicitation. 50 Henrietta Jowitt Understanding our research methodology Information in this publication may or may not have been prepared by the LSEG, Wardour, or the individual authors, but is made without any responsibility on their part. All information in this publication is provided ‘as is’ and none Deputy Director-General, CBI of LSEG, Wardour, nor the individual authors make any representations and disclaim to the extent permitted by law all express, implied and statutory warranties of any kind in relation to this publication, including warranties as to 128 Directory accuracy, timeliness, completeness, performance or fitness for a particular purpose. No action should be taken or omitted to be taken in reliance upon information in this publication. None of the LSEG, Wardour or the individual 72 Gerard Grech Companies, sectors, regions and revenues authors accept any liability for the results of any action taken or omitted on the basis of the information in this communication. The information in this publication is not offered as advice on any particular matter and must not Chief Executive, Tech City UK be treated as a substitute for specific advice. In particular, information in this publication does not constitute legal, tax, regulatory, professional, financial or investment advice. Advice from a suitably qualified professional should 154 Contacts always be sought in relation to any particular matter or circumstances. 83 Liz Cameron OBE About London Stock Exchange Group Third-party advertisements are clearly labelled as such. None of the LSEG, Wardour or the individual authors endorse or are responsible for the content of any third party advertisement in this publication or otherwise. Director and Chief Executive, Scottish AIM, London Stock Exchange, the London Stock Exchange coat of arms device are registered trademarks of London Stock Exchange plc. FTSE is a registered trademark of subsidiaries of London Stock Exchange Group plc and is Chambers of Commerce used by FTSE International Limited under licence. Other logos, organisations and company names referred to may be the trademarks of their respective owners. No part of these trademarks, or any other trademark owned by LSEG can be used, reproduced or transmitted in any form without express written consent by the owner of the trademark. 2 3 LSEG FOREWORD COMMENTARY THE RT HON THERESA MAY MP INSIDE THE PRIME MINISTER OF THE UNITED KINGDOM THE UK’S DYNAMIC BUSINESSES UNDERPIN DAILY LIFE REPORT “ FROM DYNAMIC START-UPS TO olicymakers of all political persuasions are clear: small Pand medium-sized enterprises (SMEs) are the heartbeat ESTABLISHED FAMILY FIRMS, of our economy, driving jobs and growth. Their dynamism SMES ARE THE BACKBONE OF plays a huge part in the UK’s ability to innovate and export, and, in doing so, creates high-quality jobs for the next OUR COUNTRY” generation, while addressing stubborn structural economic issues, such as low productivity. At London Stock Exchange Group, we agree and are proud he world around us, the world we take for granted in Their work touches on every aspect of our lives. Look to publish the fifth annual edition of our groundbreaking so many ways, has been shaped by businesses. at Everyman Cinemas, bringing beautiful old buildings T report: 1000 Companies to Inspire Britain, which identifies From when you first woke up this morning to when you back into use and breathing new cultural life into the United Kingdom’s fastest-growing SMEs and high-growth go to sleep tonight, you will constantly be interacting with communities across the UK. Sedgefield’s Kromek Group, companies across multiple sectors and regions. the fruits of innovative entrepreneurs’ labours. The apps developing technology that protects us from threats as on your smartphone, the coffee in your cup, the train that diverse as cancer and terrorism; or Selkirk’s Spark Energy, takes you to the office and the TV you relax in front of at supplying gas and electricity to hundreds of thousands of “SMEs are the heartbeat Key findings from the report the end of the day, they are all made possible by a complex rental properties. The service sector contributes about 80% of UK GDP, but web of private companies. From dynamic start-ups to established family firms, SMEs of our economy, driving our research paints an encouraging picture of diversity When you flick a switch, the lights come on thanks to a are the backbone of our country. I want to build an economy among the country’s fastest-growing SMEs. The top five string of businesses. When you want to buy food, you can that works for all, and that means working with, and jobs and growth. Their industries represented, accounting for 40% of the list, do so thanks to a supply chain of companies that leads listening to, smaller firms. The priorities I have set – a more includes Financial Services but the biggest industry by from a seed producer to the bread on your table. productive, skilled workforce, and an economy balanced dynamism plays a huge far is Engineering & Construction, followed by Businesses do not just provide jobs and boost the across the UK and open to new opportunities – can only be Information Technology. The UK can be confident in economy, valuable though both those roles are. They make achieved if we listen to these businesses. And they lie at the part in the UK’s ability to its economic potential in both traditional and newer daily life possible, providing us with a standard of living few heart of our industrial strategy, a strategy designed not just business sectors. could have dreamed of less than a century ago. to support the big household names, but all the companies, innovate and export” While London and the South East are traditionally regarded To me, that is why all businesses, especially smaller large and small, that underpin our daily life.
Load more

Recommended publications
  • Government Support for Business
    House of Commons Business, Innovation and Skills Committee Government Support for Business Eighth Report of Session 2014–15 Report, together with formal minutes relating to the report Ordered by the House of Commons to be printed 10 February 2015 HC 770 Published on 24 February 2015 by authority of the House of Commons London: The Stationery Office Limited £0.00 Business, Innovation and Skills Committee The Business, Innovation and Skills Committee is appointed by the House of Commons to examine the expenditure, administration, and policy of the Department for Business, Innovation and Skills. Current membership Mr Adrian Bailey MP (Labour, West Bromwich West) (Chair) Mr William Bain MP (Labour, Glasgow North East) Mr Brian Binley MP (Conservative, Northampton South) Paul Blomfield MP (Labour, Sheffield Central) Katy Clark MP (Labour, North Ayrshire and Arran) Mike Crockart MP (Liberal Democrat, Edinburgh West) Caroline Dinenage MP (Conservative, Gosport) Rebecca Harris MP (Conservative, Castle Point) Ann McKechin MP (Labour, Glasgow North) Mr Robin Walker MP (Conservative, Worcester) Nadhim Zahawi MP (Conservative, Stratford-upon-Avon) The following members were also members of the Committee during the Parliament. Luciana Berger MP (Labour, Liverpool, Wavertree) Jack Dromey MP (Labour, Birmingham, Erdington) Julie Elliott MP (Labour, Sunderland Central) Margot James MP (Conservative, Stourbridge) Dan Jarvis MP (Labour, Barnsley Central) Simon Kirby MP (Conservative, Brighton Kemptown) Gregg McClymont MP (Labour, Cumbernauld, Kilsyth and Kirkintilloch East) Ian Murray MP (Labour, Edinburgh South) Nicky Morgan MP (Conservative, Loughborough) Chi Onwurah MP (Labour, Newcastle upon Tyne Central) Rachel Reeves MP (Labour, Leeds West) Mr David Ward MP (Liberal Democrat, Bradford East) Powers The Committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152.
    [Show full text]
  • Small Offices and Mixed Use in CAZ
    Small Offices and Mixed Use in CAZ Prepared for The GLA 1 By RAMIDUS CONSULTING LIMITED August 2015 Small Offices and Mixed Use in CAZ Contents Page No. Management summary ii 1.0 Introduction 1 1.1 Project background 1.2 Project brief 1.3 Method statement 1.4 Acknowledgements 2.0 Context 6 2.1 Spatial planning 2.2 Commercial office market 2.3 Defining CAZ 2.4 Defining small offices 3.0 Drivers of change 15 3.1 Growth in self-employed businesses 3.2 Change in the occupier market 3.3 A changing business geography 3.4 Small offices and the flexible space market 3.5 Office-to-residential conversion activity 4.0 Occupied stock of small offices 27 4.1 Stock of offices 4.2 Spatial distribution of small units 4.3 The role of multi-let buildings 4.4 Small offices by sector 4.5 Summary 5.0 Trends in demand and supply of small offices 38 5.1 Take-up 5.2 Availability 5.3 Rents 5.4 Summary 6.0 Strategic and local implications of Policy 4.3Bc 48 6.1 Issues and policies for protecting small offices 6.2 Summary 7.0 Implementation of Policy 4.3Aa 53 7.1 Thresholds 7.2 The extent to which housing has been delivered 7.3 Land swaps or packages involving offices and housing 7.4 Mixed use housing credits 7.5 Analysis of development decisions 8.0 The impact of viability on development activity 61 8.1 Overview 8.2 Factors influencing development viability 8.3 Summary 9.0 Conclusions and recommendations 68 9.1 Context 9.2 Providing for small offices 9.3 The distribution of small offices 9.4 Policy issues 9.5 Policy recommendations Prepared for The GLA i By RAMIDUS CONSULTING LIMITED August 2015 Small Offices and Mixed Use in CAZ Management Summary This study examines London’s Central Activities Zone (CAZ) in terms of the supply of, and demand for, small offices and mixed use development, specifically the balance between office and residential development.
    [Show full text]
  • Consultation Statement Publication Draft (Regulation 19) Mixed Use Revision
    Consultation Statement Publication Draft (Regulation 19) Mixed Use Revision Revision to Westminster's City Plan July 2015 1.0 Introduction 1.1 This Consultation Statement has been prepared to meet the requirements of Regulation 22 of the Town and Country Planning (Local Development) (England) Regulations 2012 (“The Regulations”), and forms part of the proposed submission documents. 1.2 The Statement details the consultation undertaken by Westminster City Council (‘the council’) during the Regulation 18 and informal consultations on the Mixed Use Revision to Westminster’s City Plan, referred to as the “Mixed Use Revision”. 1.3 It details who was consulted, for how long, and how they were invited to make representations. A summary of the main issues raised by the responses is provided, and details as to how these representations have been taken into account in the Publication Draft Mixed Use Revision subject to the Regulation 19 consultation. 1.4 Consultation was carried out in compliance with the council’s Statement of Community Involvement (SCI, adopted June 2014), thus meeting Section 19 of the Planning and Compulsory Purchase Act 2004 (as amended). 1.5 All contacts on the council’s LDF database were consulted, together with all specific consultees in accordance with the Regulations, all ward councillors, and all neighbouring boroughs. The council’s LDF database was created in April 2007 and was initially populated with contact information from the Unitary Development Plan (UDP) database. However it was significantly revised in 2013 to ensure all data was up‐to‐date. Since the creation of the database, consultee contact information has been updated on a continual basis, with contacts being added, removed or amended on request.
    [Show full text]
  • SBFM Report 2021
    Small Business Finance Markets 2020/21 british-business-bank.co.uk Contents Foreword 3 Part B: Market developments 54 Executive summary 6 Small businesses and their use Introduction 10 of finance Aggregate flow and stock of 2.1 Macro-economic developments 55 finance to smaller businesses 12 2.2 SME business population 61 2.3 Use of external finance 67 Part A: The impact of Covid-19 on small business finance markets Finance products and the implications for 2021 15 2.4 Bank lending 75 1.1 Demand and supply of SME 2.5 Challenger and specialist banks 82 finance during the pandemic 16 2.6 Equity finance 89 1.2 Expectations for demand and 2.7 Private debt 102 supply in 2021 29 2.8 Asset finance 111 1.3 Finance can help the UK build 2.9 Invoice finance and back better 41 asset-based lending 116 1.4 The importance of and 2.10 Marketplace lending 121 challenges faced by alternative finance providers in 2020 47 Glossary 126 Endnotes 132 2 0.0 The British Business Bank’s mission is Foreword to make finance markets work better so smaller businesses across the UK can prosper and grow. Small Business Finance Markets 2020/21 Foreword Our unique position at the intersection of Covid-19 has had a devastating effect on the UK government and financial markets enables economy, particularly on the all-important small business sector that accounts for 61% of private sector us to identify and reduce imbalances in employment. It has also had a profound influence on access to finance; create a more diverse the operation of the finance markets serving small market; and increase the supply of finance businesses.
    [Show full text]
  • Farnworth Town Centre Masterplan Baseline Report
    1 Revision B Farnworth Town Centre Masterplan Baseline Report: Farnworth Today January 2019 2 Farnworth Town Centre Masterplan January 2019 Aerial View of Farnworth Town Centre January 2019 Farnworth Town Centre Masterplan 3 Contents Executive Summary 1 Introduction 9 2 Town Centre Trends 11 3 Property and Market Analysis 21 4 Planning and Policy Context 35 5 Townscape Analysis 41 6 Opportunity Areas 55 Revision A Revision B Date 24 October 2018 09 January 2019 Project Reference 3000138 3000138 Preparewd by AM/CW AM/CW Checked by FPG FPG 4 Farnworth Town Centre Masterplan January 2019 4 Executive Summary January 2019 Farnworth Town Centre Masterplan 5 Executive Summary Introduction enterprises, all of which should be designed to function as Farnworth Town Centre Challenges intergenerational spaces. Farnworth town centre is the second largest town centre Whilst the population of Farnworth is expected to grow, in the Borough after Bolton town centre and has been ‘The Portas Review: An Independent Review into the town centre continues to experience the impacts nominated by Bolton Metropolitan Borough Council WKH)XWXUHRIRXU+LJK6WUHHWVn FRQÞUPVWKLV of a lack of investment in non-food retail and leisure (‘the Council’) for the Greater Manchester Town Centre requirement, reimagining town centres as ‘destinations uses, which impacts the liveliness of the town centre Challenge Initiative, which aims to regenerate town for socialising, culture, health, wellbeing, creativity and and decreases footfall. This is of course not unique to centres across
    [Show full text]
  • Experts in Central London Planning & Development
    EXPERTS IN CENTRAL LONDON PLANNING & DEVELOPMENT PLANNING & DEVELOPMENT Gerald Eve’s planning and development advisory business is one of the most respected in the UK. Consisting of over 100 professionals, we are one of the only fully integrated planning and development teams in our industry. The vast majority of the team are based in central London, working on some of the capital’s largest and most complex projects. Active in all London Acted for Advised all major central boroughs and the London developers and City of London REITS, including British Land, Derwent London, 50% Great Portland Estates, of London First's property Landsec and Stanhope and housing members We act for all the major London million estates, including The Bedford 15 sq ft £12.5 billion Estates, Capital & Counties Covent Garden, The Church of commercial gross development Commissioners, City of London, floorspace approved value The Crown Estate, Grosvenor Britain & Ireland, The Howard de Walden Estate, The Portman Estate, and Soho Estates 2 EXPERTS IN CENTRAL LONDON PLANNING & DEVELOPMENT OUR CENTRAL LONDON CLIENTS OUR CENTRAL LONDON CLIENTS 3 YOUR INTELLIGENT ADVISOR Gerald Eve is recognised among the UK’s leading experts in planning and development. Our clients look to us to help them realise or improve asset value. One of the largest fully integrated planning and development teams in the sector Deep understanding of the entire planning system Harnessing imaginative strategies and a tenacious approach to optimise outcomes Agile, flexible and adaptable to changing
    [Show full text]
  • Small Business Equity Tracker 2019 2 British Business Bank
    SMALL BUSINESS EQUITY TRACKER 2019 2 BRITISH BUSINESS BANK CONTENTS 3 FOREWORD 4 EXECUTIVE SUMMARY 7 INTRODUCTION 10 CHAPTER 1: RECENT TRENDS IN SME EQUITY FINANCE 10 1.1 TOTAL INVESTMENT 14 1.2 BUSINESS STAGE 18 1.3 DEAL SIZES 24 1.4 INVESTORS 26 1.5 SECTORS AND TECHNOLOGY SUB-SECTORS 28 1.6 FOLLOW ON FUNDING ENVIRONMENT 30 1.7 VALUATIONS 32 1.8 OVERSEAS INVESTORS 33 1.9 FEMALE FOUNDERS 35 1.10 DEAL GEOGRAPHY 44 CHAPTER 2: BRITISH BUSINESS BANK ACTIVITY 44 2.1 INTRODUCTION 47 2.2 MARKET SHARE 48 2.3 BUSINESS STAGE 51 2.4 SECTOR 52 2.5 ENGLISH REGIONS AND DEVOLVED ADMINISTRATIONS 53 CHAPTER 3: PATIENT CAPITAL ECOSYSTEM 53 3.1 INTRODUCTION 54 3.2 HIGH GROWTH BUSINESSES 55 3.3 SIZE OF VC MARKETS 57 3.4 FOLLOW ON FUNDING 59 3.5 UNICORN BUSINESSES 60 3.6 EXITS 62 3.7 FUNDRAISING 65 CHAPTER 4: TALENT IN VENTURE CAPITAL 65 4.1 INTRODUCTION 66 4.2 ROLES AND DAY-TO-DAY ACTIVITIES 67 4.3 CAPABILITIES PERCEIVED TO BE MOST VALUABLE 68 4.4 PROFESSIONAL, ACADEMIC AND INTERNATIONAL EXPERIENCE 71 4.5 TALENT CHALLENGES FOR THE NEXT GENERATION OF SENIOR VCS 75 APPENDIX 77 BEAUHURST METHODOLOGY 78 ACKNOWLEDGMENTS AND ENDNOTES SMALL BUSINESS EQUITY TRACKER 2019 3 FOREWORD KEITH MORGAN, CEO OF BRITISH BUSINESS BANK A vibrant and healthy equity fnance market is key to enabling smaller ambitious businesses to fulfl their growth potential and help build a successful economy in the UK. For start-up businesses, or those planning to grow larger in the US, UK VC-backed companies now receive a quickly, equity funding remains an important option.
    [Show full text]
  • Manchester City Council Independent Retailers Study: Chorlton
    MANCHESTER CITY COUNCIL INDEPENDENT RETAILERS STUDY: CHORLTON December 2009 GVA Grimley Ltd 10 Stratton Street London W1J 8JR 084 4902 0304 www.gvagrimley.co.uk Manchester City Council Independent Retailers Study - Chorlton December 2009 CONTENTS 1. INTRODUCTION .............................................................................................................. 3 2. POLICY FRAMEWORK ................................................................................................... 5 3. NATIONAL RETAIL TRENDS ........................................................................................ 15 4. CHORLTON: HEALTH CHECK ..................................................................................... 24 5. CAPACITY PROJECTIONS ........................................................................................... 35 6. STRATEGIC OPTIONS/RECOMMENDATIONS ............................................................ 45 PLANS Plan 1: Survey Area Plan 2: Leakage of Convenience Spend APPENDICES Appendix 1: Convenience Capacity Tables Appendix 2: Comparison Capacity Tables Appendix 3: Leakage/Claw-back Assessment: Main Food Expenditure Appendix 4: Leakage/Claw-back Assessment: Top-up Food Expenditure Manchester City Council Independent Retailers Study - Chorlton December 2009 1. INTRODUCTION 1.1 GVA Grimley was instructed in January 2009 by Manchester City Council to undertake an Independent Retailers Study for Chorlton. This study draws and extends upon the Quantitative Need Study undertaken by GVA Grimley for the City
    [Show full text]
  • SRN Brochure
    The Security & Resilience Network Reactive │Proactive │Adaptive Who We Are About Us Pioneered by London First, the Security & Re- Events silience Network is dedicated to helping Lon- don's private sector become more resilient to the growing number of social, physical and technological challenges that have developed Engagement Leadership within this global city. Exchange The Security & Resilience Network supports the view that resilience is not purely about reacting to crises and challeng- es but, rather, requires a proactive and adaptive approach. If The Security & Resilience businesses are to become truly resilient they need to improve Network their knowledge around potential threats and develop strate- gies and capabilities that will allow them not only to withstand shocks and stresses but also to emerge even stronger. London Intelligence Metropolitan Network That's where we come in… With London First representing companies that generate a quarter of London’s GDP, the Security and Resilience Net- work within London First is uniquely placed to help organisa- tions improve their security and resilience by collaborating with official government departments, police and law-en- forcement agencies to build stronger partnerships and learn from best practice. 2 The Network The Security & Resilience Network sits within the larger • Developing a series of events and activities that raise membership of London First, which is made up of 263 organi- awareness of social, physical, technological and opera- sations across the capital. Together, we are able to represent tional challenges to business and support dialogue with a broad base of London's businesses and effectively address public sector organisations. their concerns around security and resilience.
    [Show full text]
  • Saving Soho London’S Most Famous Streets Are fighting for Survival
    Wednesday 24 June 2020 WALL ART A style hit for Zoomers: Page 26 Saving Soho London’s most famous streets are fighting for survival. We must support them PAGES 20 & 21 ADRIAN LOURIE homesandproperty.co.uk Winner 2020 BEST LIFESTYLE NEWS SITE 20 WEDNESDAY 24 JUNE 2020 EVENING STANDARD Homes Property | London life Gearing up to reopen: Nima Safei of 40 Dean Street. After a deep clean this week the restaurant will be ready to serve Italian classics again; far right, preparations are under way to welcome summer visitors back to Covent Garden Soho stages an alfresco fightback Lockdown brought many bars and bistros in the heart of London to the brink of collapse. They are pinning their hopes on a summer-long street festival. By Anna White Keep your social OHO, at the very heart of distance: enjoying London, is fighting for its takeaway food at a life. A centre for enter- safe distance from tainment both theatrical others in Covent and edgy since the 19th Garden, where bars century, it’s where Lon- and eateries are S doners enjoyed a good preparing to reopen — or naughty — night for business from out. In recent years its sex industry has been 11am to 11pm with eased out and respectability has been easing strict anti-Covid in, with Soho’s streets becoming fashionable precautions in place venues for good food and lively bistros. The small restaurants and bars have wel- comed loyal customers for years but three months of lockdown have crushed the hos- pitality business and livelihoods. Now, in a bid to save Soho, 55 independent bars, res- taurants and cafés, led by Soho Estates, have submitted proposals for the Soho Summer Street Festival — a summer-long alfresco event with roads closed to traffic and eater- KICK-STARTING THE SOHO SCENE Strange days: bars ies spilling out on to the pavements.
    [Show full text]
  • Candidate Brief Published British Business
    Non-Executive Director | British Business Bank Candidate brief for the position of Non-Executive Director British Business Bank July 2021 Non-Executive Director | British Business Bank Contents About British Business Bank 3 Operating Model 4 The Board 5 The Role 6 The Individual 7 Search Process 9 Candidate Charter 10 How to Apply 11 Appendix 1 12 Appendix 2 17 odgersberndtson.com Non-Executive Director | British Business Bank About British Business Bank The UK Government established the British Business Bank (“the Bank”) in November 2014 as a long-term institution charged with ensuring the finance markets in the UK serve the needs of UK SMEs and mid-sized businesses. It has a single shareholder, the Secretary of State for Business, Energy and Industrial Strategy (“BEIS”). The mission of the Bank is to drive sustainable growth and prosperity across the UK by improving access to finance for small businesses, enabling them to succeed in the transition to a net zero economy, change the structure of the finance markets for smaller businesses and mid-caps so these markets work more effectively and dynamically. The Bank is charged with 7 objectives: 1 Increase the supply of finance available to smaller businesses where markets do not work well. 2 Help create a more diverse market for smaller business finance with greater choice of options and providers. 3 Identify and help reduce regional imbalances in access to finance in smaller businesses across the UK. 4 Encourage and enable SMEs to seek the finance best suited to their needs. 5 Be the centre of expertise on smaller business finance in the UK, providing advice and delivering on behalf of Government.
    [Show full text]
  • Small Business Finance Markets 2018/19 2 British Business Bank
    SMALL BUSINESS FINANCE MARKETS 2018/19 2 BRITISH BUSINESS BANK CONTENTS 3 FOREWORD 5 EXECUTIVE SUMMARY 8 INTRODUCTION 9 AGGREGATE FLOWS AND STOCK OF FINANCE TO SMALLER BUSINESSES 11 MACROECONOMIC DEVELOPMENTS 14 PART A: THEMES 15 1.1 ATTITUDES TO USING FINANCE 22 1.2 EQUITY FINANCE ENVIRONMENT FOR INNOVATIVE AND HIGH GROWTH FIRMS 38 1.3 SME FINANCE AT THE LOCAL LEVEL 48 PART B: MARKET DEVELOPMENTS SMALL BUSINESSES 49 2.1 SME BUSINESS POPULATION 54 2.2 USE OF EXTERNAL FINANCE FINANCE PRODUCTS 58 2.3 BANK LENDING AND CHALLENGER BANKS 68 2.4 EQUITY FINANCE 74 2.5 DEBT FUNDS 77 2.6 ASSET FINANCE AND INVOICE & ASSET-BASED LENDING 82 2.7 MARKETPLACE LENDING 86 GLOSSARY 90 ENDNOTES SMALL BUSINESS FINANCE MARKETS 2018/19 3 FOREWORD KEITH MORGAN, CEO, BRITISH BUSINESS BANK The British Business Bank, established in 2014, improves finance markets so they more effectively serve the needs of smaller UK businesses. Our fifth Small Business Finance Markets report The second theme is declining demand for finance. provides a timely, comprehensive and impartial As the latest data in this report shows, the stock of assessment of finance markets for smaller bank lending - which forms the largest part of the businesses at a moment of great significance for the market - has continued to decline in real terms UK and its economy. Combined with our experience although, encouragingly, alternatives to bank lending as an active market participant, the evidence, have continued to grow, albeit at a slower rate than research and insights in this and other reports previously.
    [Show full text]