Day: June 3, 2020

Vodafone gives UK SMEs free broadband to get them through Covid 19

Vodafone UK has today launched a broadband rescue package for the UK’s community of more than five million small businesses to help them get through the Covid-19 crisis and return to work.

Vodafone will make Unlimited Business Broadband and Microsoft 365 Business Standard free for six months, with the offer available to all small business owners, including those already in a contract with Vodafone.

The new offer can be taken up anytime in the next three months. This means that small business owners, even those who are already Vodafone broadband customers, can sign up to a new 24 month contract and have the first six months completely free, with no set-up costs.

After the first six months, the monthly fee will be the standard Unlimited Vodafone Business Broadband price of £19.17 (excl. VAT) per month for the remaining 18 months, and Microsoft 365 Business Standard for £9.40 (excl. VAT) per

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Business Growth Fund hope to raise £15bn for companies hit by pandemic

A private equity fund backed by five of Britain’s biggest banks is seeking up to £7.5 billion from the government to back medium-sized businesses needing capital because of the pandemic.

The Business Growth Fund said that it was hoping to raise a £15 billion fund, with the Treasury providing matching funding to augment contributions from private sector investors.

Stephen Welton, chief executive, said that he would be talking to the government about providing a contribution after already sounding out some pension funds and sovereign wealth funds, which he said were interested.

He also hoped to raise cash from the fund’s existing backers — HSBC, Barclays, Royal Bank of Scotland, Lloyds Banking Group and Standard Chartered — which have provided more than £2 billion since its creation in 2011.

“The UK urgently needs to find meaningful amounts of equity capital from a broad range of investors to address the economic fallout

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Reuters launches channel on Roku

Reuters announced Thursday the launch of a video news channel on the Roku Channel

Reuters global news coverage will now be streamed within the Roku Channel for subscribers in the U.S. and Canada, as well as on the platform’s new Election Hub.

Video coverage of general news, business, politics, and entertainment will be available in 30-minute feeds, updated multiple times a day to give viewers news from around the world.

“Joining the Roku platform allows Reuters to reach a new and engaged audience of news consumers,” said Jessica April, director strategic partnerships, Reuters. “It’s a critical time for accurate and unbiased news coverage, and we’re excited to partner with Roku to deliver our world-class journalism to their users.”

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