COVID-19 SUPPORT: Daily Update – Wednesday 15 April 2020 Key Contact: Christian Farrow Author: Elena Visser Rishi Sunak is to keep the emergency loan scheme under review On Tuesday evening, the Chancellor said he would look to other countries to see if the Government could “learn and improve” on the bailout scheme for small businesses, which provides...Read More
COVID-19 SUPPORT: Daily Update – Wednesday 8 April 2020 Support for Welsh Third Sector and Volunteering The Welsh Government has announced a funding package to support the Third Sector to navigate the COVID-19 outbreak. The £24 million Welsh Government Third Sector Covid-19 Response Fund will support community groups, charities and volunteers and will consist of...Read More
COVID-19 SUPPORT: Daily Update – Thursday 2 April 2020 Further support for Welsh businesses The Welsh Government has announced further support for Welsh businesses amidst the Coronavirus outbreak. The new support packages will build upon the relief already available to businesses through the UK and Welsh Governments. The new schemes are targeted towards businesses in...Read More
COVID-19 SUPPORT: Daily Update – Wednesday 1 April 2020 High Street benefits from £22 billion grants and business rates package From today, many high street firms will begin to receive £25,000 cash grants. They will also be exempt from business rates as part of a £22 billion package to help those affected by the coronavirus...Read More
COVID-19 SUPPORT: Daily Update – Monday 30 March 2020 Flexible Insolvency Rules The Government has proposed emergency changes to the UK insolvency laws which will offer additional protection to businesses experiencing financial difficulties as a result of the Coronavirus outbreak. The changes, which were announced on 28 March 2020, will allow companies which need to...Read More
COVID-19 SUPPORT: Daily Update – Friday 27 March 2020 Self-Employed Income Support Scheme The Chancellor of the Exchequer Rishi Sunak has unveiled the Government’s Self-Employed Income Support scheme, which will provide financial support to self-employed workers adversely affected by the COVID-19 outbreak. The scheme will be available to those persons who generate more than 50%...Read More
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