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Coronavirus UK Key Updates thread

Discussion in 'Business News & Resources' started by Helen, Apr 15, 2020.

  1. Helen

    Helen

    Joined:
    Mar 26, 2013
    Messages:
    520
    Having reached a stage in the daily briefings where there ismore information and reminders in the daily government briefing we will now limited any updates to this thread.

    For useful links on financial aid for Business SMEs and the self-employed we have produced a handy eBook cheat sheet for all the schemes along with links and numbers which you can download as a PDF here

    We will include any further government upates in this thread.
    Last edited: Apr 17, 2020
  2. Helen

    Helen

    Joined:
    Mar 26, 2013
    Messages:
    520
    The Financial Conduct Authority is proposing measures to help people struggling to pay motor finance and high cost credit customers.

    See full summary here ---> [read more]
  3. Helen

    Helen

    Joined:
    Mar 26, 2013
    Messages:
    520
  4. danmike

    danmike

    Joined:
    Feb 25, 2020
    Messages:
    11
  5. Helen

    Helen

    Joined:
    Mar 26, 2013
    Messages:
    520
    Bounceback loans - Further detais have been released about the Bounceback Loans, designed to help small business to borrow up to £50k. Companies can apply from May 4th.

    Our sources say that thelenders are being aggressively encouraged by government to provide loans, and to do so quickly (as in days, not weeks) so this might be the best bet for you if you have a small business to apply a quickly as possible. It can be used in conjunction with the Business Relief Scheme. We will update once we have more information released

    https://www.gov.uk/guidance/apply-for-a-coronavirus-bounce-back-loan
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