This webinar will provide an overview of innovation funding available related to the Covid-19 pandemic, where to find it and the support available for Scottish companies. Speakers include UKRI, Innovate UK, Knowledge Transfer Network (KTN), Defence and Security Accelerator (DASA) as well as Scottish Enterprise's Funding Information & Support Service (FISS).
Are you a start-up company about to embark on your first fundraising campaign? Or you are considering your next move should it be debt or equity to fund it? How do you get Funder ready? Are you worried how to access COVID-19 Funding? We will touch on all these subjects during the webinar. Please join us for an interactive session where will have guest panellists give a brief overview of funding available and then the opportunity for you to ask questions.
Business Gateway is releasing webinars across Scotland to help businesses through COVID-19. Topics range across such as staffing issues, managing business debts, government funding and rates relief. To find out more and to register, please click here.
Free courses are available through a new online platform hosted on the gov.uk website, called The Skills Toolkit. The new platform gives people access to free, high-quality digital and numeracy courses to help build up their skills, progress in work and boost their job prospects.
*Tesco, Sainsbury’s, ASDA, Morrison’s, Waitrose, The Co-Op Group, Iceland, Ocado, M&S
Click here to view the full flash report.
*Major multiples = Tesco, Sainsbury’s, ASDA, Morrison’s, Waitrose, The Co-Op Group, Iceland, Ocado, M&S
Previous UK COVID-19 Flash Report from IRI
Kantar have released figures showing that retail sales increased by 9.1% in the 12 weeks to 19 April. With grocery sales in April being £524 million higher than they were in April 2019. Understandably, the number of lunches at home during lockdown has nearly doubled, with food and drink to go sales experiencing a fall.
Households took fewer shopping trips but there was an uplift in spend on each trip to £26.02. Friday and Saturday are continuing to be popular shopping days, yet Monday and Thursday are seeing a rise in popularity as social distancing measures disrupt the traditional working week.
Large format supermarkets supply the majority of food and drink in the UK but we’re now seeing Convenience taking a 16.3% share of market and Online sales now accounting for 10.2%.
Read the full article here.
If you missed yesterday’s webinar with the Kantar UK team answering questions about the impact and implications the Coronavirus pandemic is having on retailers, manufacturers and people’s shopping behaviour you can now listen to a recording. Click here to access.
Some categories experienced growth (vs the same week in 2019). These include lager, fresh chicken, fresh beef, prepacked cheddar, and prepacked sausages
Other categories showed decline (vs the same week in 2019). These include sandwiches, chilled ready meals, cakes, water, and lunch salads
To access the full report please click here.
In these uncertain times, borrowers will need to consider the impact of the pandemic on their existing funding arrangements in order to keep businesses viable as a going concern and to ensure that businesses are in the best position to return to normal post-pandemic.
Brodies LLP outline some practical steps borrowers should consider taking to manage the impact of the pandemic on their existing financing arrangements, and some logistical considerations for new facilities or facility amendments. Read the insight article.
The Institute of Grocery Distribution (IGD) has collated some of its top resources for the personal skills needed to cope with immediate changes to working life. These can be accessed here.
Many producers and independent retailers are turning to home delivery as an option to reach local customers in self-isolation or unable to travel to their local shop.
The Association of Convenience Stores has issued new guidance on how to start a home delivery service. This can be found here.