New national lockdown and changes to business support measures

New national lockdown and changes to business support measures

The Prime Minister, Boris Johnson speaking at a press conference on Saturday night, 31 October 2020, confirmed widespread expectations of a second national lockdown in England to help stem the growing resurgence of the coronavirus. The Government was faced with significant concerns that if they…

Latest Government Support Measure - Bounce Back Loan Scheme Announced

Latest Government Support Measure - Bounce Back Loan Scheme Announced

The Chancellor, Rishi Sunak has made a statement to the House of Commons on the government’s economic response to the Coronavirus outbreak. The Chancellor confirmed that the Office of Budget Responsibility (OBR) has said that the Coronavirus will (not surprisingly) have significant negative impacts on…

Support for businesses affected by the Covid-19 outbreak

Support for businesses affected by the Covid-19 outbreak

The Chancellor, Rishi Sunak, outlined a raft of measures earlier in the week to support the UK’s ailing businesses, those affected by the forbidding COVID-19 outbreak. The list that follows summarises his announcements in the order they were announced: • The Treasury is making available…