Membership

Support for Businesses - Webinars, Insights & Guides

Webinars

COVID-19 Innovation Funding Webinar - Wednesday 20 May, 10am - 11:30am

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).

Register for the webinar about COVID-19 Innovation Funding

Financial Readiness Talk Webinar -  Thursday 11 June, 3pm - 5pm

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.

Register for the webinar about Financial Readiness Talk Webinar

Business Gateway webinars

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.

UK GOV launches free online learning platform to boost workplace skills

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.

Insight

IRI Flash Report – w/e 9 May 2020

  • Retail sales within the major multiples* appear to be stabilising in the last couple of weeks. During w/e 9 May 2020, retail sales sat at £2.4bn vs £2.11bn for the same week the previous year
  • Grocery sales during w/e 9 May 2020 were 16% higher than the same week in 2019, equating to additional £265m grocery sales
  • Beer, wine and spirits, Fresh meat and Frozen categories are continuing to experience substantially higher unit sales during w/e 9 May 2020 vs the same week previous which is driving marked increases in value sales within these categories
  • Soup, Chilled soup & fresh pasta, Loose fresh fish, Chilled ready meals, Instore bakery and Chilled fruit juices & lunch products are in unit and value sales decline during w/e 9 May 2020. All other grocery categories are in value sales growth

*Tesco, Sainsbury’s, ASDA, Morrison’s, Waitrose, The Co-Op Group, Iceland, Ocado, M&S

Click here to view the full report.

IRI Flash Report – w/e 2 May 2020

  • £2.36bn was spent during w/e 2 May 2020 within the major multiples*. There has been an additional £182.3m spent on grocery shopping, representing an 11% rise vs the same week a year ago
  • It’s a similar story to previous weeks, where all but a few food and drink categories are in unit sales growth. Those categories in unit sale decline being; Chilled soup and fresh pasta, chilled salads, soft drinks, cooked meats, loose fresh fish, chilled ready meals, instore bakery and chilled fruit juice and lunch products
  • Fresh meat, Beer, wine and spirits and Frozen are all experiencing both high unit and value sales percentage increase during w/e 2 May 2020 vs the same week in the previous

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

  • Data up to w/e 25 April here.
  • Data up to w/e 18th April here. 
  • Data up to w/e 11th April here.
  • Data up to w/e 4th April here.

Grocery habits are changing

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.

Kantar - COVID-19: Ensuring Resilience in Retail

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.

Guides

Covid-19: How borrowers can manage the impact on their financing arrangements

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.

Personal Skills Learning Resource

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.

Association of Convenience Stores: Home delivery

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.