Economy
Economic conditions have a direct impact on consumer spending, supply chain costs, and trading performance across the UK pet industry. Pet Gazette tracks how inflation, interest rates, labour shortages, and broader macroeconomic pressures affect pet retailers, wholesalers, and brand distributors. Coverage includes commentary on pet sector resilience during downturns, price sensitivity among shoppers, and shifts in demand for premium vs value ranges. We also report on government economic policy, retail footfall data, and financial forecasts relevant to pet businesses navigating changing market conditions.
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Apr- 2020 -23 AprilCoronavirus
Government launches coronavirus business financial support tool
The Government has released a new โsupport finderโ tool which aims to help businesses and self-employed people across the UK during the Covid-19 pandemic. The tool allows businesses to โquickly and easilyโ determine what financial support is available to them during the Coronavirus pandemic. Business owners are required to complete…
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22 AprilBusiness Bites
Will there be coronavirus help for small company directors who are paid by dividend?
The financial plight of limited company directors has been raised by the Tory chairman of the Treasury select committee. Mel Stride, a former Treasury minister, said chancellor Rishi Sunak needs to view company directors as a tranche of people who have โslipped through the netโ of all the other largesse…
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20 AprilCoronavirus
Coronavirus Job Retention Scheme portal goes live
The portal for the Coronavirus Job Retention Scheme is now live, with the government saying that businesses with validated claims will receive payments within at least six days. Under the scheme announced last month, employers can claim a grant covering 80% of the wages for a furloughed employee, subject to…
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17 AprilFeatures
How to help your business navigate Covid-19: Now and in the future
Itโs a challenging time to be in business, whether youโre part of the supply chain or a customer-facing retail business.ย ย ย With all the challenges of social distancing and people being encouraged to stay home, itโs difficult enough to bring in both your staff and your customers and try to keep…
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16 AprilEconomy
Government extends lockdown for โat leastโ three more weeks
The government has announced an extension to the coronavirus lockdown for โat leastโ a further three weeks. The decision was announced at todayโs (16 April) press briefing which was led by foreign secretary Dominic Raab. It also comes after Raab led an emergency Cobra committee and cabinet meetings about the…
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3 AprilEconomy
Chancellor unveils new measures to SME loan scheme
Chancellor of the exchequer Rishi Sunak has unveiled a major overhaul to his previously announced SME loan scheme. Initially, the Coronavirus Business Interruption Loan Scheme (CBILS) was aimed at businesses unable to secure regular commercial financing as the virus took its toll on the UKโs economy. However, according to Sky…
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1 AprilCoronavirus
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network.ย The group predicted that the closures would take place within the next four weeks despite government support measures, as the pandemic continues to unfold and affect retail. The network, which…
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Mar- 2020 -26 MarchBusiness Bites
Wetherspoonsโ boss was right to withhold wages
The media and the Twitterati have had a field day vilifying the founder and owner of pub chain Wetherspoons over his decision not to pay his staff in light of the coronavirus restrictions. Tim Martin had sent an email to his 43,000 staff saying he could not afford to pay…
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24 MarchBusiness Bites
The furloughs and loans are useless to small businesses
The small business community has been watching with great hope to see if the government will introduce measures that are useful for them to survive this period. Alas, those announced are absolutely useless for small companies, which make up an extremely significant portion of the UK economy. Coronavirus Business Interruption…
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23 MarchCoronavirus
PM bans ‘non-essential retail’, instructs public to stay at home
The UK public are only allowed to venture out of their homes for essential supplies and one exercise outing per day, or face fines, under new measures introduced this evening by the prime minister. In a recorded address filmed in No 10 Downing Street, Boris Johnson said the police will…
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