Budget 2021: what you need to know about the Recovery Loan Scheme
The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.Continue reading
Category Archives: Covid-19
Government Start Up Loans attributed to rapid rise in new companies
The number of new businesses registered at Companies House grew significantly during the final six months of 2020, the latest statistics have revealed.Continue reading
Government set to unveil £520 million ‘help to grow’ scheme for small businesses
The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs).Continue reading
Small businesses handed £7.8 billion through local authority grant schemes, figures reveal
More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed.Continue reading
Self-Employment: Government set to announce the fourth round of SEISS in Budget
The Chancellor, Rishi Sunak, is set to announce the fourth round of the Self-Employment Income Support Scheme (SEISS) at the Budget on 3 March, according to reports.Continue reading
Pub industry calls for reopening of the sector as sales halve
Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy. Continue reading
UK economy suffers “worst fall in 300 years”
The UK economy shrank by a record 9.9 per cent last year as coronavirus restrictions forced thousands of businesses to close, official statistics have revealed.Continue reading
Government urged to extend COVID business support measures
The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021.Continue reading
Online sales tax proposal for Autumn Budget
The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage.Continue reading
Business owners put billions of pounds on the line to secure early CBILS loans, figures reveal
Business owners who took out an early coronavirus loan have more than £1.2 billion of personal guarantees on the line, a major study has revealed.Continue reading
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