On 3 March 2021, the Chancellor of the Exchequer announced in the Budget a new enhanced capital allowances regime, to stimulate investment in the economy by providing an increased incentive for UK businesses to invest in plant and machinery through generous rates of relief in the period the expenditure was…
We might be living in uncertain times, brought on by the coronavirus crisis, but the entrepreneurial spirit of many British SMEs remains undiminished. In a new survey by Facebook in partnership with the World Bank and the OECD, 60% of UK owners remain hopeful for the future of their business…
A sharp fall in economic activity, brought on by the coronavirus pandemic, means many UK companies’ cash flows are under pressure. To maintain employment, buildings and equipment through the COVID-19 outbreak, the Bank of England estimates that companies could face a total cash-flow deficit of £140 billion. It’s clear that…
If your business operates with the use of work equipment and machinery, you’ll need to be aware of your responsibilities under the PUWER regulations. Put simply, they exist to make working life safer for everyone using and coming into contact with machinery and equipment. PUWER stands for the Provision and…
As part of the UK Government’s plan to achieve net-zero emissions by 2050, the Department for Transport (Dft) has announced that electric cars will be fitted with a green number plate as of autumn 2020. The move comes as part of an initiative to encourage people to convert to zero-emission…
Cash is king. And never before has that been so true than in the current climate. Being able to minimise repayments right now could be an intelligent way of investing at a time where protecting cash flow is vital. Leasing provides you with the opportunity to grow your business in…
The coronavirus crisis has impacted British business more than we could have ever imagined. While the UK government’s support measures – especially the furlough scheme and deferral of VAT payments – have gone some way to preserving firms, the real test lies ahead as the support comes to an end…
You’ve decided that you need to acquire new equipment for your business. This could be down to a number of reasons – you might be looking to adapt your business following the period of lockdown and tap into new areas, or maybe your current equipment has become outdated or unreliable,…
Shire Leasing PLC has been approved for accreditation by the British Business Bank under the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) under the Asset Finance and Term Loans variants. The Coronavirus Business Interruption Loan Scheme, delivered through British Business Bank accredited lenders, is designed to support the continued provision…
