We are going to look at the most frequently asked questions by limited company directors about the bounce back loan. It was quite easy to get these loans as there was not a great deal of checking involved and as a result of this there may have been some less than totally honest applications. There […]
The Coronavirus pandemic has undoubtedly been one of the most significant catalysts for economic shake up since the 2008 financial crisis. Most of us remember financial markets around the world taking a remarkable plunge in March 2020 when lockdowns in Europe were announced and the FTSE 100 index in the UK was no exception. As […]
The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards wages – giving businesses and employees across the UK certainty into the New Year, the Chancellor announced on Wednesday. Certainty for millions of jobs and businesses as furlough scheme extended until the end of April […]
The UK government announced today 22nd October new measures to support businesses and employees hit by Tier 2 local lockdown restrictions. Chancellor Rishi Sunak on Thursday told parliament that hospitality businesses in Tier 2 areas would be eligible for new grants. The chancellor also announced more generous support for jobs across the UK and doubled […]
The scheme is designed to support UK based small and medium-sized businesses, with a turnover of up to £45 million, with a viable business proposition but are struggling with the challenges of the coronavirus situation. Further information can also be found on the British Business Bank and Bank of England websites. You can currently apply […]
Small businesses that are impacted by the pandemic are eligible to apply for a 100% state-backed loan worth up to £50,000. The scheme helps small and medium-sized businesses to borrow between £2,000 and £50,000. Was launched because of fears small businesses would not be able to access Coronavirus funding quickly enough. The amount of loan […]