UK goes into Recession
Nigel Holland "This could be the biggest recession of all time. A recession is technically when the GDP falls for 2 quarters. The UK has not been in recession since 2009.The economy shrank 20.4% compared with the first three months of the year.The services sector,...
Nigel Holland helps firms back to work with billions pounds worth of Gov Loan assistance
Nigel Holland "The uptake of Government assistance loans in the wake of the pandemic has been staggering. The figures for CBILS, CLBILS and BBLS have been released by the Government and are shown below.Under normal circumstances a large amount of these loans would not...
Vacancy for a Representative
Nigel Holland We are currently advertising for a Representative to assist with the expansion of our business. The position would suite someone who is outgoing and energetic. They must enjoy meeting business people and have a good understanding of how businesses...
Zombie Firms are ready to crash
Nigel Holland " There are thousands of Zombie firms out there which have been supported by generous government packages and are likely to fold as soon as this support is removed.These businesses can barely survive at the moment and are treading water. They are still...
Chess winner crowned
Marcel Flores aka Totty has won the Holland & Co Chartered Accountant's Chess Cup. He did so in a dramatic way against numerous opponents under 15 minute rules. Holland & Co Chess Cup winner " Totty is very familiar with the Reti system and is a specialist in...
Holland & Co Chartered Accountants Chess Cup
Nigel Holland The Holland & Co Chartered Accountants Chess Cup has been purchased from Warrington Trophy World. The tournament is about to commence. The competition is scheduled to go ahead shortly and the organizers are currently in discussion regarding the...
Loan information
Nigel Holland "There is a lot of information which has been published by the Government concerning the loans which are being handed out by the State.These loans are not applicable to everyone however the availability of loans to the business community is currently...
Some policies are invalid
Nigel Holland " A number of businesses have taken out insurance policies, which on the face of it, cover the business if the business fails due to events such as the recent pandemic. On closer examination these policies may be not fit for purpose. Some of these...
£3bn more Gov spending announced
Nigel Holland " The Government has announced a further £3bn spending on the NHS as preparation for a second wave.More detail about this spending is needed. It is yet another sizeable chunk of taxpayer money that eventually needs paying back."Nigel Holland BBC article...
Jobless surge by 649,000
Nigel Holland " The number of jobless has surged by 649,000 last month and this is before the furlough scheme has even ended.Some commentators suggest that this increase is not as much as expected but a much larger increase is on the cards shortly."The number of...