Chancellor delays repayments on Bounce Back Loans
Bounce Back Loan repayments can be delayed further as Chancellor extends Pay as You Grow options.
Bounce Back Loan repayments can be delayed further as Chancellor extends Pay as You Grow options.
Latest Business Impact of Coronavirus Survey (BICS) shows short term pressures on businesses and mixed effects on turnover. CBI calls for long term national economic vision and strategy.
The government has announced changes to the Kickstart scheme, lowering the threshold from 30 placements to allow SMEs to apply direct to DWP when creating smaller numbers of job placements.
Wayne Thomas, partner at Bates Weston, looks at the cashflow pressures that are mounting for businesses.
Following the National Lockdown announced yesterday by the PM, the Chancellor announced new one-off top up business support grants for the retail, hospitality and leisure sectors worth up to £9,000. Additionally discretionary funds are also available for other businesses impacted by the lockdown.