May 4, 2020 | Government Announcements
The Government has made available grant funding for businesses that share working spaces and which therefore miss out on existing coronavirus support schemes. The local authority discretionary grant fund was announced on Saturday 2 May and is worth £617 million in...
Apr 28, 2020 | Government Announcements
Small businesses will be able to access 100% state-sponsored microloans of up to £50,000, or 25% of their turnover, from Monday 4 May 2020. Chancellor Rishi Sunak revealed the scheme following concerns that access to existing coronavirus rescue schemes was taking too...
Apr 9, 2020 | Government Announcements
Chancellor Rishi Sunak has pledged a £750 million package to help charities during the COVID-19 pandemic. Sunak announced the measure last night in an attempt to address concerns that some charities are facing collapse. As part of the scheme, £370m will go to small...
Apr 6, 2020 | Government Announcements
Business groups have welcomed the revamped coronavirus business interruption loan scheme and a new scheme for larger companies. Last Thursday, Chancellor Rishi Sunak bolstered access to business interruption loans for small firms hit by the COVID-19 lockdown. Sunak...
Apr 3, 2020 | Government Announcements
Public-sector contractors who are unable to work on ongoing contracts due to COVID-19 may be eligible for the job retention scheme. ‘Contingent workers', such as doctors or locums, who operate through personal service companies (PSC) can furlough themselves in some...
