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Grants

Hardest-hit businesses offered new government grants of up to £9,000

2021-03-28T20:57:10+00:00

Businesses in the sectors hardest hit by COVID-19 can access new one-off grants to help them get through lockdown. The Treasury announced £4.6 million in additional support grants to help around 600,000 firms in England stay afloat until the spring. Firstly, businesses in retail, hospitality and leisure sectors need to be closed [...]

Hardest-hit businesses offered new government grants of up to £9,0002021-03-28T20:57:10+00:00

Three in five bounce-back loans may never be repaid, watchdog claims

2021-03-28T21:00:13+00:00

Up to three in five bounce-back loans (BBL) handed out during the pandemic might never be repaid, according to the National Audit Office (NAO). The bounce-back loans (BBL) scheme announced when the UK was in lockdown in April 2020 offers loans of up to £50,000 per business, or a maximum of 25% [...]

Three in five bounce-back loans may never be repaid, watchdog claims2021-03-28T21:00:13+00:00

Third grant for the self-employed increases to 80% for November

2021-03-28T21:00:35+00:00

The self-employed can claim Government support of up to 80% of profits during the initial month-long lockdown in England, Chancellor Rishi Sunak has confirmed. Like previous tranches, the third taxable grants available through the self-employed income support scheme (SEISS) covers three months – from 1 November 2020 to 31 January 2021. The [...]

Third grant for the self-employed increases to 80% for November2021-03-28T21:00:35+00:00

Chancellor reveals new support measures amid second-wave fears

2021-03-28T21:01:40+00:00

New support measures & loans for businesses and workers have been announced in the face of a rising tide of coronavirus. A job support scheme or loans will replace the furlough scheme from 1 November 2020, initially until 30 April 2021. Government and employers will subsidies the pay of employees working fewer [...]

Chancellor reveals new support measures amid second-wave fears2021-03-28T21:01:40+00:00
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