Small Business Saturday 2021: How Londoners can help SMEs facing ‘really tough time'

Londoners are being urged to shop local to support independent businesses (PA Wire)

Grassroots campaign Small Business Saturday is back for the ninth year in a row, and is set to help London's local, independent businesses take in much-needed extra revenues this weekend.

The non-profit initiative, backed by everyone from the Prime Minister and councils to celebrities, was launched in a bid to encourage people to shop local and support enterprises in their communities – from cafes and grocers to tattoo parlours.

A range of events are thrown on the day, including festive markets, shows, and light-hearted competitions for smaller businesses to join on their High Street. Many of the UK's six million small businesses take part.

Last year the event estimates it helped SMEs take in £1.1 billion in a single Saturday.

Small businesses were hit hard over the past 18 months, with thousands closing down around the country during the pandemic.

This year organisers said it is “particularly vital” that Londoners take part and consider spending on their doorstep tomorrow, as small businesses continue to face challenges.

SBS's latest research found surging utilities costs and supply chain issues are posing huge challenges, while a new survey from Simply Business suggested around one in five SMEs do not expect to survive 2022 without a bumper festive trading period.

Now they are also expecting reduced footfall due to the surging Omicron variant.

“Many are still facing a really tough time,” said SBS Director, Michelle Ovens CBE.

Mayor Sadiq Khan said: “This is more important now than ever before, the so many small businesses have suffered such a difficult year once again. Join me and millions of people across London and the UK as we support the small businesses that make our communities thrive.”

Organisers say they have seen a “huge upswing” in local events being held in London mark the day this year, which is encouraging.

Here we outline just some of the events, activities and projects happening to mark Small Business Saturday in London:

* SMEs all over London will be offering discounts and promotions

* Small businesses in Barnet have teamed up with the council for a fun shop window competition

* There will be local Christmas markets featuring independent traders in Putney, Teddington, Islington, and on Redchurch Street in Shoreditch

* A Feminist Library winter fair is being held on Sumner Road in Peckham

* Islington council is helping small businesses by working with software firm NearST to help them increase footfall. NearSt automatically shows shops' products at the top of Google to people searching for them nearby, then send them to your store

* Londoners are also being urged to give their favourite small businesses a good review on social media at some point during the day, to help their exposure

News Related

OTHER NEWS

Pereira ready to PULL OUT of race for Everton job after fan backlash

Vitor Pereira is giving serious consideration to pulling out of the running for the Everton job following the supporter backlash against his potential appointment. We revealed on Tuesday that Pereira ... Read more »

There's still time for some retirement savers to claim an extra tax write-off

damircudic | E+ | Getty Images A lesser-known retirement savings incentive may make it easier for some Americans to set aside more money, and there's still time to qualify for ... Read more »

Pubs set to raise beer prices by 50p a pint to stay in business

© Provided by Metro Pubs are faced with ‘unprecedented’ rising costs of beer, food, energy, transport and labour (Picture: Shutterstock/Olesea Vetrila) Boozers are set to hike their prices by 50p ... Read more »

Australian Open quarter-final: Auger-Aliassime v Medvedev in fifth set – live!

LIVE – Updated at 12:50 Rolling report: Join Gregg Bakowski for updates as Félix Auger-Aliassime takes on Daniil Medvedev in the men’s quarter-finals.   12:50 Auger-Aliassime 7-6 6-3 6-7 5-7 ... Read more »

A ‘Medicaid annuity' may be a useful option when your spouse needs nursing home care

Terry Vine | DigitalVision | Getty Images It's not uncommon for older couples to reach a point when nursing home care is needed for one spouse — and the cost ... Read more »

Court blocks Namyang Dairy boss from pursuing side deal

Logos of Hahn & Co and Namyang Dairy ProductsThe Seoul Central District Court on Wednesday granted an injunction to local private equity firm Hahn & Co. to stop Namyang Dairy ... Read more »

Northern Ireland's climate bill risks wiping out thousands of farmers, MPs warned

Northern Ireland is the only part of the UK and Ireland without a climate change act. Photo: Nathan Frandino/Reuters Northern Ireland’s plans to achieve net zero carbon emissions by 2045 ... Read more »

2 FTSE 100 stocks to buy now

Chart showing an upwards trend, possibly in the FTSE 100 Key points Two FTSE 100 stocks for a global recovery The copper price is up 22% in a year A ... Read more »

Is FTSE 100 share Barclays too cheap for me to miss?

Screen of price moves in the FTSE 100 There have been some bumps along the way, but Britain’s banks have gained decent ground over the past year. Take Barclays (LSE: ... Read more »

EU challenges Egypt at WTO over import registration

World Trade Organization (WTO) in Geneva BRUSSELS (Reuters) – The European Union launched a challenge at the World Trade Organization against Egypt on Wednesday over an import registration system the ... Read more »

Chinese giant Baidu and automaker Geely put nearly $400 million more into their electric car venture

An outline of Jidu's concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass ... Read more »

Pop-up car ban in Bishopsgate could be a fixture

© Will Norman CyclingLaneLondonBishopsgate260122 One of the most controversial “pop-up” schemes to discourage vehicles in central London will be made permanent if it encourages more people to walk and cycle ... Read more »

The best FTSE 100 shares to beat 2022 inflation

One English pound placed on a graph to represent an economic down turn Beating inflation is a solid investment goal for 2022, with costs having risen 5.4% in the year ... Read more »

More than 800 lives saved as air quality improved during first lockdown – study

More than 800 lives may have been saved across Europe due to better air quality in the first phase of Covid lockdowns, new research suggests. Measures brought in to stem ... Read more »

SSB: Fewer bankruptcies reported in Norway in 2021

A total of 3,325 bankruptcies were initiated in Norway in 2021, a decrease of 19% from the previous year. Compared with 2019, i.e., before the pandemic, the decline is 34%. ... Read more »

Audio Pro addon C5A speaker review: Does it sound as good as it looks?

Over the course of two weeks we tested the speaker’s sound for everything from Spotify to audiobooks and live radio (iStock/The Independent) Audio Pro’s C5A speaker sits right in the ... Read more »

Here's why I think the Royal Mail share price is 70% undervalued

Close-up of British bank notes The Royal Mail (LSE: RMG) share price has been a standout performer over the past couple of years. From a low of 124p printed at ... Read more »

Chinese companies boost overseas investment in consumer products, EV supply chain

Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up ... Read more »

'I ordered a burger and chips from popular takeaway Leon - it cost £9.60 but was worth every penny'

When I moved to London I started hearing the name “Leon” a lot. Then I started seeing it almost everywhere. “What is Leon?” I asked one of my Londoner friends. ... Read more »

Goldman Leads Fever's $227 Million Round Ahead of Possible IPO

(Bloomberg) — Live events platform Fever raised $227 million in a funding round led by Goldman Sachs Group Inc., a sign that post-pandemic live events can attract investor interest. Most ... Read more »

Natural decline in population hits all-time high in November

This posting at a community center in Jamsil-dong, Seoul, earlier this month informs residents of government policy to offer 2 million won ($1,670) to households with newborns. (Yonhap)SEJONG — South ... Read more »

Klarna: ‘buy now, pay later' firm to launch card in the UK

“Buy now, pay later” giant Klarna is putting further pressure on banks and credit card firms by launching its first physical card in the UK. The card will allow customers ... Read more »

Tissue maker Essity's profit tumbles as input and distribution costs bite

FILE PHOTO: Essity sign is seen in Stockholm STOCKHOLM (Reuters) –Hygiene products group Essity on Wednesday reported a bigger-than-expected drop in fourth-quarter profit and said it planned to raise prices ... Read more »

Daily FX turnover hits record high in 2021 amid brisk exports, stock investment

SEOUL, Jan. 26 (Yonhap) — The daily foreign exchange (FX) trading by banks in South Korea hit a record high in 2021 amid increased demand from strong exports, imports and ... Read more »

Mauritius-based PEs on taxman's radar, at least 7 get notices

The Indian tax office has asked several Mauritius-based private equity (PE) funds to share their minutes of board meetings, deal agreements, residency and addresses of directors, and names of ultimate ... Read more »

Dow futures fall 160 points after another wild ride on Wall Street, Fed meeting in focus

Stock futures fell Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dropped 168 points, or 0.5%. S&P 500 futures slid 0.7%, and Nasdaq 100 ... Read more »

What do we know about the police team investigating No 10 parties?

Deputy Assistant Commissioner Jane Connors will oversee the Metropolitan Police’s special inquiry team in their investigation into alleged rule-breaking Downing Street parties. Who is Ms Connors and what is the ... Read more »

Woman nearly hit, 19 injured when London double-decker bus smashes into store

This is the heart-stopping moment a bus nearly mows down a woman on a zebra crossing — seconds before it smashes into a shop front. The red double-decker comes within ... Read more »

Mum-of-two stabbed in Maida Vale was 'killed with 10cm kitchen knife' and worked in a school

Yasmin Chkaifi, 43, was knifed by a former partner in west London. (SWNS) A mother-of-two stabbed in Maida Vale was “killed with a 10cm kitchen knife” and worked in a ... Read more »

Here's how to invest like billionaire Warren Buffett during a volatile market

J. Kempin | Getty Images Entertainment | Getty Images The wild swings in the stock market may have you stressed about your investments. Yet if you took a page from ... Read more »

Now is not the time to panic with your 401(k) investments. Experts say to make these moves instead

Mihtiander | Getty Images The stock market's wild ride this week may have you questioning your retirement investing strategy. On Monday, the Dow Jones Industrial Average shed more than1,100 points ... Read more »

Swan sparks hours of delays for London commuters after blocking rush-hour trains

An injured swan caused hours of delays for commuters when the bird made its way on to the tracks at a station in west London. Rush-hour commuters had their journeys ... Read more »

Restaurant closures could spike without federal aid, industry group warns

Many more US restaurants could close permanently if Congress does not pass additional federal relief measures during the Omicron surge, industry officials warned this week. The National Restaurant Association outlined ... Read more »

Here's what investors should know as stocks continue a wild ride

Traders work on the floor of the New York Stock Exchange at the opening bell January 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images Stocks have taken a ... Read more »

'You're playing with fire if you don't report it.' What happens if you don't disclose crypto activity this tax season

The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. ... Read more »

Millions of frustrated taxpayers still waiting on last year's refund as tax season begins

Alysha Holliday of Ohio, like millions of Americans, is still waiting for last year's tax refund.Alysha Holliday Tax filing season began this week, but millions of taxpayers are still waiting ... Read more »

Market Selling Resumes; GE, J&J Miss on Revenues

Tuesday, January 25, 2022Yesterday afternoon’s respite from a weeks-long sullen, bearish attitude in the market indexes came as a breath of fresh air. We hope everyone got to enjoy it, ... Read more »

Play IBM Strength With These ETFs

After the closing bell on Jan 24, International Business Machines IBM cheered investors as it reported solid fourth-quarter 2021 results, beating earnings estimates. Though the software giant lagged on revenues, ... Read more »

Zacks.com featured highlights include: Ford Motor Co., General Motors Co., KB Home, Group 1 Automotive and Signet Jewelers Ltd

For Immediate Release Chicago, IL – January 25, 2022 – Stocks in this week’s article are Ford Motor Co. F, General Motors Co. GM, KB Home KBH, Group 1 Automotive ... Read more »

3 Gaming Stocks to Buy Despite Industry Challenges

The Zacks Gaming industry is gradually recovering from the pandemic blues. Although Macau, Las Vegas and Singapore are showing signs of resurgence, revenues and traffic from the regions are still ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic