10 IN VIEW
Frankly speaking
SALUTING OUR BUSINESS HEROES
by Frank McKenna Downtown Lancashire in Business
It wasn’t so long ago that the Prime Minister, before he was Prime Minister, was reportedly using a four-letter word to describe what he thought of business.
Well, nobody in the world of politics is saying that now. If the pandemic has highlighted anything it is how important business, small, medium and large, is to the country.
An incredible effort has been led by ‘Corporate Britain’ through this unprecedented crisis, with private sector initiatives being launched on a daily basis by entrepreneurs, business owners and their teams to alleviate some of the harsher challenges of the coronavirus crisis.
Of course, there are exceptions, and it is to be hoped that those firms who dragged their feet protecting staff or banks who are proving slow to lend to those in need, will pay a heavy price when we get through this thing.
But, by and large, the world of commerce has proved that when the going gets tough they step up to the plate and do what they can to help.
It must also be said that the government has, by and large, reciprocated in returning the favour and offering support to business
in ways previously we would have thought impossible: tax holidays, grants, picking-up of salaries and a host of other offers.
Inevitably some have fallen through this support net. The self- employed, rightly, feel hard done by. Nonetheless, Chancellor Rishi Sunak has done a sterling job in doing what he can to ensure that post-Covid-19 the economy has a fair to middling chance of bouncing back.
It will have to, because we are about to see eye watering numbers that make previous recessions look like a cakewalk. Nonetheless, this situation is like no other, and if politicians and business hold their collective nerve then there is reason for optimism.
Some economists are predicting a significant spike following the slump and although some companies will be reluctant to invest in growth plans, we know from the experience of 2008 that it is those firms who demonstrate an entrepreneurial flair, courage and positive vision who not only survive but thrive during a downturn.
We can do so in the knowledge that we now have political leaders who are fully aware of our value.
THE BMW 520i M SPORT SALOON.
MONTHLY RENTALS FROM £310. PLUS £1,860 INITIAL RENTAL*
. BMW Business Partnership
The award-winning BMW 520i M Sport Saloon sets new standards for modern business saloons. Outstanding handling, lightweight construction and a powerful four-cylinder BMW TwinPower Turbo engine combine with a suite of the latest BMW technologies to deliver an exceptional drive that’s perfect for business.
For more information, speak to your Local Business Development Manager.
SEARCH: Bowker BMW Fuel economy and CO2
M Sport Saloon: Mpg (l/100km (combined): 37.7 (7.5) – 42.2 (6.7). CO2
results for the BMW 520i emissions: 171–153g/km.
Figures shown are for comparability purposes; only compare fuel consumption and CO2
figures with other cars tested to the same technical procedures.
These figures may not reflect real-life driving results, which will depend upon a number of factors including the accessories fitted (post-registration), variations in weather, driving styles and vehicle load. The CO2
figures shown
above have been determined according to the WLTP test. WLTP has been used as the applicable CO2
tax (VED) and from 06 April 2020 for company car tax (BIK). The CO2 were previously based on the NEDC equivalent.
figure from 01 April 2020 for first year vehicle figures
Bowker Blackburn & Bowker Preston are credit brokers. *Business users only. Prices exclude VAT at 20%. Prices shown are for a 36-month Contract Hire agreement for a BMW 520i M Sport Saloon, with a contract mileage of 8,000 miles annually and an excess mileage charge of 12.57 pence per mile. Applies to new vehicles ordered between 01 April 2020 and 30 June 2020 and registered by 31 December 2020 (subject to availability). At the end of your agreement you must return the vehicle and vehicle condition, excess mileage and other charges may be payable. Available subject to status to UK residents aged 18 or over. Guarantees and indemnities may be required. The amount of VAT you can reclaim depends on your business VAT status. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. Hire provided by BMW Group Corporate Finance. BMW Group Corporate Finance is a trading style of Alphabet (GB) Limited, Alphabet House, Summit Avenue, Farnborough, Hampshire GU14 0FB. We commonly introduce customers to BMW Group Corporate Finance. This introduction does not amount to independent financial advice. BMW (UK) Ltd, Summit ONE, Summit Avenue, Farnborough, Hampshire GU14 0FB. Registered in England and Wales 1378137. Authorised and regulated by the Financial Conduct Authority for credit broking activities.
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