COVID-19: Payment holidays on credit cards, car finance and personal loans extended

Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November. Continue reading

COVID-19: National Audit Office warns up to 60 per cent of Bounce Back Loans may not be paid back

The Government’s spending watchdog, the National Audit Office (NAO), has warned that up to 60 per cent of businesses may not pay back the 100 per cent Government-backed Bounce Back Loans Scheme (BBLS) because of fraudulent applications and minimal credit checks. Continue reading

Government set to announce extension of Coronavirus Business Interruption Loan Scheme

The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November. Continue reading

Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs

The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people. Continue reading

Businesses urged to claim discounts under Eat Out to Help Out scheme ahead of September deadline

Businesses who registered with the Eat Out to Help Out scheme have been urged to claim back the 50 per cent government-funded discount applied to bills ahead of the September deadline. Continue reading

SMEs are missing out on £1.5 billion worth of COVID-19 Government support grants

According to the latest research, small to medium-sized enterprises (SMEs) are missing out on almost £1.5 billion in coronavirus business support grants, which have gone unclaimed ahead of the deadline on Friday 28 August. Continue reading