COVID-19 Business Impact Update – Part 9

COVID-19 Business Impact Update – Part 9

Coronavirus Business Interruption Loan Scheme Relaxation to the rules for qualification for the CBILs were announced today. There have been widespread reports that the CBILS has not been providing the level of financial support that the Government had promised. There...
The impact of Coronavirus on the Brighton economy

The impact of Coronavirus on the Brighton economy

Brighton is renowned for being a popular tourist destination on the South coast and is known by many as London-By-The Sea. Whilst tourism is a major part of the local economy, Brighton is now one of the UK’s leading hubs for digital and technology-based start-ups. Not...
COVID-19 Business Impact Update – Part 9

COVID-19 Business Impact Update – Part 8

Today’s bulletin picks up on some updates which are peripheral to the main schemes, but which will provide useful clarity for many affected businesses.  Job Retention Scheme  It has been reported that the Government now accepts that director/shareholders can be...
COVID-19 Business Impact Update – Part 9

COVID-19 Business Impact Update – Part 7

There was a lot of attention given to the self-employed support scheme in the media on Friday, which was to be expected after the guidance was issued the evening before, but the main new development has been the issue of further guidance on the Job Retention Scheme....
COVID-19 Business Impact Update – Part 9

COVID-19 Business Impact Update – Part 6

We had been waiting all day for the much heralded announcement by the Chancellor, and at 5pm yesterday we got it. It is therefore the main item in our summary below. The Self-Employed Business Support Scheme  The package that is being made available has been published...
COVID-19 Business Impact Update – Part 9

COVID-19 Business Impact Update – Part 5

Most of the developments yesterday were in relation to Mr Johnson’s announcement on Monday night, in relation to the restriction of public activity, but there has been plenty of behind the scenes work going on with a view to moving on with the existing financial...