UK businesses which make regular overseas payments are losing out on hundreds of pounds per transaction thanks to inferior foreign exchange rates charged by Britain s biggest banks.
A family-owned retreat and activity centre in the Highlands has been named the best small business in Britain.
Woodlands Glencoe won the overall Small Business of the Year title at an awards ceremony backed by The Mail on Sunday, which has championed local firms throughout the pandemic.
At the virtual Federation of Small Businesses awards event, Prime Minister Boris Johnson said the likes of Woodlands Glencoe were crucial to Britain s economy bouncing back from Covid-19, adding: I have every confidence that it will be small businesses helping to fuel our national recovery and turning jabs, jabs, jabs into jobs, jobs, jobs.
Luxury lodge business Woodlands Glencoe won the Small Business of the Year title at a Federation of Small Businesses awards ceremony. We speak to owner Laurence Young.