Budget 2021: what you need to know about the Recovery Loan Scheme

The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.

Read more...

Government Start Up Loans attributed to rapid rise in new companies

The number of new businesses registered at Companies House grew significantly during the final six months of 2020, the latest statistics have revealed.

Read more...

Government set to unveil £520 million ‘help to grow’ scheme for small businesses

The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs).

Read more...

Small businesses handed £7.8 billion through local authority grant schemes, figures reveal

More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed.

Read more...

Self-Employment: Government set to announce the fourth round of SEISS in Budget  

The Chancellor, Rishi Sunak, is set to announce the fourth round of the Self-Employment Income Support Scheme (SEISS) at the Budget on 3 March, according to reports.

Read more...

Insolvency: 900,000 UK businesses are ‘at risk’ of closure

One in seven UK businesses are ‘at risk’ of closure in the first half of 2021 with many coronavirus business support measures due to close in March and April, according to the latest research.

Read more...

Government set to ban the sale of new petrol and diesel cars and vans from 2030

The Government is set to ban the sale of petrol and diesel cars and vans from 2030, with hybrid vehicles to follow in 2035.

Read more...

Heritage organisations set to receive £103 million under Culture Recovery Fund

Some 445 heritage organisations affected by Covid-19 are set to receive more than £103 million in affordable loans and grant funding, it has been revealed.

Read more...

COVID-19: National Audit Office warns up to 60 per cent of Bounce Back Loans may not be paid back

The Government’s spending watchdog, the National Audit Office (NAO), has warned that up to 60 per cent of businesses may not pay back the 100 per cent Government-backed Bounce Back Loans Scheme (BBLS) because of fraudulent applications and minimal credit

Read more...

Government set to announce extension of Coronavirus Business Interruption Loan Scheme

The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November.

Read more...

Businesses return £215 million furlough payments to the Government

According to HM Revenue and Customs (HMRC), more than £215 million of Coronavirus Job Retention Scheme (CJRS) payments have been willingly returned to the Government by UK firms, out of £35.4 billion worth of claims up until 16 August.

Read more...

New local lockdown grant fund to act as business “safety net”

Businesses in England affected by “local lockdowns” are set to receive up to £1,500 per property every three weeks to keep their operation afloat, it has been announced.

Read more...

UK businesses borrow more than £52.6 billion to tackle impact of the pandemic

According to the latest industry research, UK businesses have borrowed more than £52.6 billion in a bid to combat the disruption caused by the Coronavirus pandemic.

Read more...

Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs

The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people.

Read more...

Businesses urged to claim discounts under Eat Out to Help Out scheme ahead of September deadline

Businesses who registered with the Eat Out to Help Out scheme have been urged to claim back the 50 per cent government-funded discount applied to bills ahead of the September deadline.

Read more...