Recovery Loan Scheme now open for business, Government confirms

British businesses can now apply for affordable loans of between £1,000 and £10 million under the new Recovery Loan Scheme (RLS).

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Future Fund: Breakthrough to launch in summer 2021

The Future Fund: Breakthrough scheme, which is replacing the closed (to new applications) Future Fund scheme, will open in the UK around the start of summer.

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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.

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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.

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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.

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Government urged to extend COVID business support measures

The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021.

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Business owners put billions of pounds on the line to secure early CBILS loans, figures reveal

Business owners who took out an early coronavirus loan have more than £1.2 billion of personal guarantees on the line, a major study has revealed.

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Coronavirus: Pubs in tier two and three areas set to receive new £1,000 grant funding

Pubs that principally serve alcohol in tier two and three areas are set to receive additional financial support over the Christmas period following an announcement by the Government.

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COVID-19: Business loans to reach five times more than last year

Due to the ongoing coronavirus crisis, there are estimates that the amount of net borrowing from UK organisations will surpass five times the number in 2019, as businesses struggle to survive the second wave.

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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.

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COVID-19 – 1.23 million businesses access Government support schemes

More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury.

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Government announces £10 million tourism rescue package

The Government has announced that tourism providers in England and Wales can now apply for a share of a £10 million rescue package designed to support the sector.

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COVID-19: UK businesses owed more than £133 billion since lockdown began

UK businesses are owed more than £133 billion since the lockdown measures began in March, with the average business waiting on £148,917 for work that was completed before the lockdown.

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COVID-19: Government’s Bounce Back Loan Scheme distributes £23 billion in finance

The Government’s Bounce Back Loans Scheme has provided more than £23 billion in finance to more than 780,000 businesses, according to the latest research.

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New Corporate Insolvency and Governance Bill to extend accounting deadlines

The new Corporate Insolvency and Governance Bill will help maximise your business’ chance of survival throughout the coronavirus pandemic, it has been suggested.

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