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Managing the impact

What actions can I take?

Need help to manage the increased costs of living?

If you’ve started to feel the pinch of business costs going up, you’re not alone. Our team has compiled some steps you can take to meet these challenges. 

Read on for some actions you could take.

Find the tools you need

If you're looking for support around the increasing cost of doing business, we could help.

Answer a few questions about your business and we'll point you in the right direction.

Describe your business
What are you most concerned about?

The cost of energy and fuel

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply. 

**We've partnered with Octopus to provide you with a renewable tariff. Receive £100 credit and a smart meter as part of the initiative. Eligibility criteria apply. The Business Tariff is for existing banked customers that are Limited Companies or Partnerships. It's not open to sole traders or existing Octopus Energy customers. It's subject to application, and customers signing up to Octopus terms and conditions. Regional exclusions apply.

 

Further support you could access:

 

Supply chain disruption

Some actions you could take now:

 

 

Further support you could access:

 

 

*Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Rising interest rates or cashflow pressures

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

 

Further support you could access:

 

What are you most concerned about?

The cost of energy and fuel

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

**We've partnered with Octopus to provide you with a renewable tariff. Receive £100 credit and a smart meter as part of the initiative. Eligibility criteria apply. The Business Tariff is for existing banked customers that are Limited Companies or Partnerships. It's not open to sole traders or existing Octopus Energy customers. It's subject to application, and customers signing up to Octopus terms and conditions. Regional exclusions apply.

 

Further support you could access:

 

Supply chain disruption

Some actions you could take now:

 

 

Further support you could access:

 

 

*Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Rising interest rates or cashflow pressures

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

 

Further support you could access:

 

What are you most concerned about?

The cost of energy and fuel

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

**We've partnered with Octopus to provide you with a renewable tariff. Receive £100 credit and a smart meter as part of the initiative. Eligibility criteria apply. The Business Tariff is for existing banked customers that are Limited Companies or Partnerships. It's not open to sole traders or existing Octopus Energy customers. It's subject to application, and customers signing up to Octopus terms and conditions. Regional exclusions apply.

 

Further support you could access:

 

Supply chain disruption

Some actions you could take now:

 

 

Further support you could access:

 

 

*Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Rising interest rates or cashflow pressures

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

 

Further support you could access:

 

What are you most concerned about?

The cost of energy and fuel

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

**We've partnered with Octopus to provide you with a renewable tariff. Receive £100 credit and a smart meter as part of the initiative. Eligibility criteria apply. The Business Tariff is for existing banked customers that are Limited Companies or Partnerships. It's not open to sole traders or existing Octopus Energy customers. It's subject to application, and customers signing up to Octopus terms and conditions. Regional exclusions apply.

 

Further support you could access:

 

Supply chain disruption

Some actions you could take now:

 

 

Further support you could access:

 

 

*Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Rising interest rates or cashflow pressures

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

 

Further support you could access:

 

What are you most concerned about?

The cost of energy and fuel

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

**We've partnered with Octopus to provide you with a renewable tariff. Receive £100 credit and a smart meter as part of the initiative. Eligibility criteria apply. The Business Tariff is for existing banked customers that are Limited Companies or Partnerships. It's not open to sole traders or existing Octopus Energy customers. It's subject to application, and customers signing up to Octopus terms and conditions. Regional exclusions apply.

 

Further support you could access:

 

Supply chain disruption

Some actions you could take now:

 

 

Further support you could access:

 

 

*Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Rising interest rates or cashflow pressures

Some actions you could take now:

 

*Eligibility criteria apply, and security may be required. Fees (other than arrangement fees) may apply. Over 18s only. Subject to status, eligibility and approval. Business use only. Terms apply.

 

Further support you could access:

 

Save on energy costs

Business electricity prices are on the rise. If you take steps to make your business more energy-efficient, you could save money now and in the long term.

Small steps to save energy

These tips could help your business reduce energy spending and become more sustainable.

Cut costs and carbon emissions

Our Carbon Planner tool helps to measure your carbon footprint and give you potential cost and carbon savings for your business. It’s free to use and could help you become a more sustainable and climate conscious organisation.

Facing the climate challenge

We're here to support your business and your climate goals, as we all make the transition to a low-carbon economy.

Review your impact

Mentor's environmental experts could help your business to stay compliant, improve energy efficiency or plan for the future.

There’s a fee for some Mentor services.

Could becoming more sustainable help you save money?

Funding your climate goals

Could you get a boost towards your sustainability ambitions? Security may be required. Fees may apply. Over 18s only.

Help to become a net zero business

Access a wealth of information on the Zero Carbon Business platform. It provides guides, case studies, events and support from the UK's main business organisations and professional bodies.

Managing your everyday cash flow

Access funds from unpaid invoices

Borrowing against your unpaid invoices could help you improve cash flow and help grow your business. Eligibility applies. Fees may apply.

Find the right business loans for you

Whether you’re looking for a small business loan to buy stock or a larger loan to expand your assets, we have a variety of fixed and variable options to suit your needs. Eligibility, terms and conditions apply.

Support your cashflow with an overdraft

Overdrafts are a short-term option to solve day to day cashflow needs. Eligibility and terms apply. Fees may apply.

You could save on card payments with us

Take card payments in person, online and over the phone with us*. We build our pricing around your business with simple transaction fees based on your annual card turnover.

Helping your team

Supporting your employees

Your team will be feeling the pressure of rising costs too. Explore ways you can develop and motivate your team and support them through the current crisis.

Help with personal finances

If you're worried about the cost of living impacting on your personal finances, we have info, resources, and advice to help you manage your money.

Considering selling your business? 

If your business is in good shape and you're considering selling, the experts at Coutts have put together a Business Exit Programme.

Learn how to prepare your business for sale, sale strategies, and helpful tips to prepare for life afterwards. You’ll be helped by bitesize videos, articles, and masterclasses.

Get in touch for more support

If you have a relationship manager, they’re the best person to contact.

Chat with us online

The quickest way to get in touch is via webchat. Click the 'Chat now' button here to start.

 

 

24/7 secure messaging

If you’re logged in to Online Banking or our mobile app, you can use 24/7 secure messaging.

Online Banking & app criteria apply.

Business WhatsApp

Chat with us securely on WhatsApp for your business banking queries.

Call us

For business banking support, or if you're in financial difficulty, you can call our team.