MPs open inquiry into £155 billion of tax reliefs
The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief. The inquiry follows the February publication of a National Audit Office…
Blog Posts
Lenders relax evidence requirements for business interruption loan scheme
On 27 April 2020 the UK’s seven largest small business lenders announced they had relaxed their evidence requirements for applications to the Coronavirus Business Interruption Loan Scheme (CBILS). The lenders…
Government launches support finding tool for business
The UK government launched an online platform to help businesses access financial support during the COVID-19 crisis. The Coronavirus Business Support Finder Tool will guide businesses through the range of…
OBR predicts UK economy will shrink by over a third
The Office for Budget Responsibility (OBR) has warned that the UK economy could shrink by 35% this quarter due to the COVID-19 crisis. The OBR said that the outcome was…
Government borrowing could rise to £300 billion
The Centre for Policy Studies (CPS) has suggested that government borrowing may rise to £300 billion in 2020 as a result of the COVID-19 pandemic. The think tank has been…
Government launches small business micro loan scheme
On 4 May 2020 the government launched a micro loan scheme for small businesses as it continues to try and mitigate the economic damage caused by the coronavirus (COVID-19) lockdown….
Changes to Coronavirus Support Measures
On Friday the Chancellor, Rishi Sunak, announced more details about the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme. Whilst not all details have…
Furlough scheme extension
Following announcements by the Chancellor on 12 May on extending the period of furlough support we wanted to update you with the latest information on the Coronavirus job retention scheme. …
Coronavirus Guide
We have summarised all the advice and measures we are aware up to 6 May 2020 in this complete guide. We hope you will find it useful. Covid Guide
Coronavirus News Roundup 3 April
After last week’s barrage of emails on new support schemes being setup by the government on a daily basis, this week has been more about clarifications. We thought it would…
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