Industry News
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Apr- 2020 -28 April
UK economy not expected to recover until 2023, study suggests
The UK’s economy is not expected to return to normal until 2023 due to the coronavirus pandemic, according to a new report issued by economic forecasting group EY Item Club. The group has warned that it is likely to take three years for the UK economy to return to the…
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27 April
Chancellor announces 100% guarantee on small business loans
Chancellor Rishi Sunak has announced the launch of a new ‘bounce back’ emergency loan scheme for small businesses, which will offer 100% guarantees on emergency loans. Today (27 April) Sunak told the House of Commons that the scheme would begin next week, offering SMEs loans of up to £50,000. The…
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27 April
Dog Artists sales surge amid pandemic
Dog Artists revealed it has seen a rise in the number of requests for pet portraits since the nationwide lockdown began. The London-based dog painting company consists of eight professional artists specialising in hand painted dog portraits. The group delivers oil paintings to pet owners across the globe. Each piece…
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27 April
ONS suspends ‘High Demand Basket’ survey data
The Office for National Statistics (ONS) has revealed that its increasing costs of online pet food has been suspended due to issues with the data collected. The ‘High Demand Basket’ survey revealed a 3.1% increase in price for the two weeks between 16-22 March and 23-29 March, with an average…
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27 April
Newcastle Dog & Cat Shelter to halts donations and rehoming work amid Covid-19 crisis
Newcastle Dog and Cat Shelter has announced it is refusing donations and temporarily stopping its re-homing work, due to the coronavirus pandemic. In a statement on the Newcastle Dog and Cat Shelter’s website it said due to the latest government advice surrounding Covid-19, it is no longer able to accept…
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27 April
Online pet store triples workforce
PetShop.co.uk revealed it has tripled its workforce in light of a rising demand for online pet products amid the ongoing pandemic. The online retailer, based in Stratford-upon-Avon, said that the nationwide lockdown has led to a 300% increase in sales from owners who need pet food delivered to their homes. …
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24 April
Chancellor considering 100% guarantee on small business loans
Chancellor Rishi Sunak is reportedly considering offering a 100% guarantee on loans to small businesses of up to £25,000. According to the Financial Times, Sunak is set to up the guarantee, which currently sits at 80%, in a bid to make it easier for banks to supply the loans and comes after the Bank…
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24 April
Burnham Pet Shop donates essential items to NHS staff amid Covid-19 crisis
The staff at Burnham Pet Shop in Somerset has donated essential items to NHS staff at Weston Hospital amid the Covid-19 virus. According to Burnham-on-sea.com, the pet shop staff has donated a wide range of toiletries items which include, shampoo and body wash and chocolates. The manager of the team,…
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24 April
Global pet trade writes open letter in response to end live animal trade
Global pet trade associations have teamed up with animal keeping organisations to write an open letter in response to calls to end all live animal trade amid the Covid-19 pandemic. Trade bodies from across the UK, Europe, USA and Canada have all added their names to the open letter, which…
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24 April
Government introduces new measures to protect high street
The business secretary has announced a new set of measures that will be introduced to protect high street businesses “under strain” from the ongoing pandemic. High street shops, and other companies facing financial difficulties, will now be protected from “aggressive” rent collection and asked to pay what they can as…
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