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. Continue reading
Category Archives: Grants and Deferrals
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. Continue reading
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 checks. Continue reading
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. Continue reading
SMEs are missing out on £1.5 billion worth of COVID-19 Government support grants
According to the latest research, small to medium-sized enterprises (SMEs) are missing out on almost £1.5 billion in coronavirus business support grants, which have gone unclaimed ahead of the deadline on Friday 28 August. Continue reading