Future Fund launches today: The government’s £500million scheme
Future Fund launches today: The government’s £500million scheme The government's Future Fund scheme will offer emergency support to UK startup companies that have been affected by the Covid-19 pandemic. The future fund, which opened for applications today, will offer UK-based startups loans of between £125,000 and £5m to support continued growth and innovation across sectors such as technology, life sciences and the creative industries. The government is expected to take stakes in some of the UK’s most promising companies under the programme, which will allow bailout loans offered by the Treasury to be converted into equity. So far, the government has made an initial £250 million available for investment through the scheme and will consider increasing this if needed. Rishi...
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FREE How to Keep Your Funds Safe During a Pandemic eBook
The COVID-19 pandemic has quickly become the most predominant talking point in today’s climate. And as news channels, media outlets and those around us continue to discuss and speculate, it’s no surprise that some investors are feeling uneasy. But we are well aware that your hard-earned funds are exactly that. Hard-earned. Therefore, we want to help eradicate any confusion or apprehension you might have concerning how to keep your finances secure during these turbulent times. Accumulate Capital's How to Keep Your Funds Safe During a Pandemic eBook explains how you can not only protect your funds during a pandemic but also strive to achieve more, putting you in a much better position for when the markets begin to recover. So,...
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International News
ECB announces plans for €750bn coronavirus programme
The European Central Bank (ECB) has unveiled an emergency package to soften the harsh effects of the coronavirus pandemic on the economy. The new measures put in place will buy government and company debt across the eurozone, including that of struggling Greece and Italy. The response comes after an emergency...
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UK stocks fall despite the latest introduction of coronavirus measures
The UK and USA’s implementation of strategies focused on containing the rapidly spreading pandemic have failed to calm anxiety surrounding coronavirus. In early trading, the FTSE 100 index dropped by more than 4.7 per cent, with travel companies, aerospace firms and housing businesses experiencing the hardest impacts. The downturn within...
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Investment News
