Search results for: coronavirus business interruption

Banks ‘will be pushed’ into closing down SMEs unable to repay Covid debt

Treasury turns deaf ear to setting up bad Covid debt bank, pushing banks into foreclosing on SMEs unable to repay government loans

Business Loans

News

Bank of England eyes Working Capital Jobs Retention Scheme

Innovative payroll finance technology could protect small business jobs for four more months after furlough scheme ends in October

Business Loans

Banks ‘will be pushed’ into closing down SMEs unable to repay Covid debt

Treasury turns deaf ear to setting up bad Covid debt bank, pushing banks into foreclosing on SMEs unable to repay government loans

News

Bank of England eyes Working Capital Jobs Retention Scheme

Innovative payroll finance technology could protect small business jobs for four more months after furlough scheme ends in October

Business Loans

Treasury pushes to double bounce back loan repayment period to 10 years

Banks resistant to extending bounce back loan repayment period because it creates more work and credit risk for them

News

How to cope with the slow return to trade post-lockdown

How businesses can best prepare for the gradual return to normal and the new challenges they face in the process.

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

Financing

Future Fund – government tech start-up bailout scheme how it works

The Treasury has announced the £250m Future Fund tech start-up bailout scheme, which could see the government owning half of some of Britain's fastest-growing companies

News

Support for tourism, hospitality needs to be extended, says Ed Milliband

Shadow business secretary Ed Milliband says business support for travel, tourism and hospitality needs to go further as they will have to wait longest to reopen

Partner content

How does the Recovery Loan Scheme compare with other alt-fi options?

The Recovery Loan Scheme (RLS) has launched to help businesses recover from Covid-19 – how does it compare to alternative finance options?

Business Loans

What happens if I can’t repay my Bounce Back Loan?

If my company goes bust, do I still have to repay the Bounce Back Loan? And what happens if I need more time to repay my small business debt?

News

State-backed CBILS replacement scheme delayed by lending details

The Treasury is putting a scheme to replace CBILS in place, but is experiencing issues with pricing and personal guarantees.

Employing & managing staff

Can I make my employees get the Covid-19 vaccine?

As the Covid-19 vaccine rollout continues, we ask the experts whether employers can make it mandatory for staff to get the jab

Running a Business

Local lockdowns only make the problem of late payment worse

Late payment can rip through businesses in lockdown just as fast as coronavirus, says Paul Christensen. But with technology there’s no reason invoices cannot be settled on day one