Covid-19 Hub
Keeping you informed of the latest announcements and available support. For more information, or for advice to help manage the impact of Covid-19 on your business, contact us today.
New repayment options for Bounce Back Loans
The Chancellor announced yesterday that businesses who have taken out government-backed Bounce Back Loans will now have greater flexibility to repay them, allowing them to delay repayments for a further six months. Over 1.4million businesses collectively borrowed...
New lockdown grants of up to £9,000
The Chancellor has announced additional support to help businesses in the retail, hospitality and leisure sector that have been forced to close. £4.6 billion has been made available to the hardest hit businesses in the form of a new lockdown grant - a one-off cash...
Furlough scheme extended to April 2021
The Chancellor has announced a further extension to the furlough scheme, which will now run to 30 April 2021. When the first extension of the scheme was announced, we were told it would be subject to a review in January. The Chancellor has brought that decision...
GMCA offers finite number of Bounce Back Loans through £10m fund
Businesses that have been unable to access the Bounce Back Loan Scheme, because their bank is not a provider, received welcome news this week as Greater Manchester Combined Authority announced its partnership with GC Business Finance (GCBF) to help to plug the gap....
Q&A: What business support is available as we enter the second national lockdown?
This blog was last updated on 5 November, following further announcements by the Chancellor. On Saturday 31 October, the night before the Job Support Scheme was due to come into play, the Chancellor announced that the Coronavirus Job Retention Scheme (CJRS) would be...
Chancellor announces 3 further support measures
We knew it was coming, we just didn’t know when. Following pressure on the Chancellor to go further to protect those businesses affected by the new alert system, whether closed or still trading, three new support measures have been announced. Here’s a round-up of...
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