Local News From Eastbourne Newhaven Peacehaven Polegate and Seaford
With Eastbourne Borough Council tackling a significant budget deficit due to the coronavirus pandemic, Cabinet members last night endorsed the work being undertaken by council officers to review every area of the council’s operation. The impact of the coronavirus on Eastbourne’s tourism sector and costs incurred by supporting residents during […]
· Brits saved an estimated £75.5 billion in lockdown, with 73% of people taking the opportunity to save · Two fifths (41%) have been saving more than normal · Millennials saved the most out of all reported age groups – averaging around £2,200 each Lockdown left millions confined to our homes, and while […]
In these difficult days, here is some news regarding investments with National Savings:- NS&I must strike a balance between the interests of savers, taxpayers and the broader financial services sector. Changes will ensure NS&I’s interest rates are aligned appropriately against those of competitors. Interest rate reductions will apply to variable rate and […]
Premium Bonds paper prize cheques will be phased out from December 2020. Premium Bonds holders that still receive paper warrants need to take action to ensure they continue to automatically receive payment of their prizes. Customers can also choose to have prizes reinvested into more Premium Bonds, giving them more chances of winning prizes in future draws. Customers will receive […]
Volunteers and staff at the Havens Community Hub in Denton, Newhaven, are collecting toiletries this month to donate to local Foodbanks.‘Soapy September’ hopes to gather dozens of bottles of shampoo, shower gel, toothbrushes, toothpaste, and other toiletries to be distributed to families who need extra assistance during the current unprecedented […]
Here is something to do with saving your money which maybe we should all be doing. NS&I delivered £11.6 billion of Net Financing to the Government in 2019-20 and in total, met 9 out of 11 of its Service Delivery Measures (SDMs). Attracting younger savers: NS&I has increased the number of its active customers under the age of 16 by more […]
A council has been blasted for failing to acknowledge millions of pounds received from Government to support local businesses, self-employed workers, the unemployed, charities, other organisations and those in need during the Covid pandemic. Lewes District Council’s ruling Cabinet learned on 11 June that, while still significant, the financial impact […]
The Government has announced that a new loan scheme for small businesses affected by the coronavirus pandemic will launch for applications on Monday 4 May. Firms will be able to access loans between £2,000 and £50,000 through a network of accredited lenders. These loans will be interest free for the […]
While the government has announced various schemes aimed at helping businesses deal with the impact of COVID-19, other organisations have launched funds to support entrepreneurs, community groups, social enterprises and freelancers. Here are some that we’ve spotted: The Prince’s Trust and Natwest Enterprise Relief Fund is offering one-to-one support and grants […]
More than 800 small businesses hit by the coronavirus pandemic applied to Lewes District Council for a financial lifeline in the first few days of its launch. The council went live with its Covid-19 Business Grants portal last Thursday (April 9) and since then 806 business across the district have registered using the service, equating to £10.6m in grants. The Small Business Grant Fund and Retail, Hospitality and Leisure […]
April 1st is Price Hike Day where the cost of everything from TV subscriptions to phone bills goes up 71% of us could benefit financially if we did not put off life admin On average 16-24 year olds wait 5 weeks to cancel an unused subscription/membership compared to 45-54 year olds […]