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Tim Adler

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Tim Adler is group editor of Small Business, Growth Business and Information Age. He is a former commissioning editor at the Daily Telegraph, who has written for the Financial Times, The Times and the Daily Telegraph. He is the author of three nonfiction books, the most recent of which was reviewed by The Sunday Times as “compulsively readable” and by the Daily Mail as “dazzling”. Since becoming editor of Small Business in 2019, the website was named alongside the BBC, the Guardian and the Telegraph as a top live blog covering the coronavirus pandemic by journalist trade magazine Press Gazette.

Government Grants

Small businesses will have to cover a quarter of cost of furlough

Chancellor Rishi Sunak to announce this week that employers must cover 20-30% of furlough scheme cost plus national insurance

Government Grants

Businesses may have to cover insurance and pensions of furloughed staff

Government considering asking small businesses to cover national insurance and pension contributions of furloughed workers from August onward

Business Loans

Nearly half of small businesses do not intend to repay government loans

Either small business owners do not believe government will take them to court for non-repayment or they fear they will have gone bust within a year

Business management

Coronavirus small business diary – Alessandro Savelli, Pasta Evangelists

When the pandemic hit, artisanal pasta delivery start-up Pasta Evangelists was forced to scale up - and fast

News

Government looking at bringing in part-time furlough immediately

MPs and retailers pushing government to allow furloughed shop staff back to work part-time, as they start reopening from June

News

Only allowing part-time furlough work from August doesn’t make sense

Shops are being told to reopen from June but furloughed staff can only work part time from August. Indie retailers face a dire couple of months

Government Grants

Self-Employed Income Support Scheme now open for applications

HMRC has opened the Self-Employed Income Support Scheme, where freelancers and contractors can apply up to 80% of lost earnings in a £7,500 lump sum

Government Grants

Rishi Sunak extends job retention furlough scheme to October

Chancellor announces that coronavirus job retention scheme will be extended for another four months with no change to 80% wage grant

Government Grants

Government eyes extending 60% furlough scheme until September

Coronavirus Job Retention Scheme could be extended until September with government covering 60% of staff wages

News

Ceiling for self-employed coronavirus support may be dropped to £30,000

Government eyes lowering ceiling for those who qualify for coronavirus self-employed support even before the scheme has launched

Government Grants

HMRC opens self-employed income support early on May 13

Taxman to start accepting applications for Self-Employed Income Support Scheme on May 13, earlier than announced

Small Business Banking

State could take equity in small businesses, suggests Lloyds chairman

Lord Blackwell, chairman of Lloyds, says government could convert bad coronavirus emergency loan debt into equity, giving it stakes in thousands of small businesses