Covid 19 – Furlough scheme extended

Covid 19 – Furlough scheme extended

Coronavirus Job Retention Scheme extended by four months – until the end of October 2020. Furloughed workers will continue to receive 80% of the current salary from the Government, up to the value of £2,500 a month; New flexibility will be introduced from...
Covid 19 – Business micro-loan scheme

Covid 19 – Business micro-loan scheme

Small firms are to get access to 100% taxpayer-backed loans of up to £50,000 in the next week. Amid fears that small businesses may fold before receiving government rescue funds, the chancellor yesterday announced the scheme offering firms loans up to £50,000. The...