Rishi Sunak’s ‘pay as you grow’ plan to help businesses survive yet MORE months of misery by extending loan payments to a DECADE and extending VAT cut for hospitality and tourism Bounce back Loans can be paid back more slowly, helping with cash flow Terms of 10 years up from previous six-year term, plus payment … Read more
Rishi Sunak is drawing up plans for a new German-style job retention programme to replace the government’s outgoing coronavirus furlough scheme, reports suggest. The Chancellor is under mounting pressure from business chiefs and politicians to find a new way to avoid the threat of mass layoffs when the government’s £39billion furlough scheme ends next month. … Read more
Businesses are accused of failing to protect our data from cyber crooks as new figures reveal half the victims of data breaches get targeted by fraudsters Shocking statistics fuel concerns that companies don’t take security seriously Hacked email addresses can be used for phishing attacks by crooks to con victims Survey finds 46 per cent … Read more
Labour’s shadow chancellor today attacked Rishi Sunak for letting businesses to ‘go to the wall’ after allowing the ‘clock to run down’ on millions of furloughed workers. Anneliese Dodds accused the Government of mismanaging ‘enormous amounts of public money’ on failed schemes to tackle coronavirus, such as a £130million contract with a Tory donor for … Read more
Do you know how much household waste ends up in landfill and in our oceans? According to a report by the National Audit Office in 2019, more than half of the packaging reported as recycled is sent abroad for processing – with little guarantee it won’t be incinerated, buried in landfill or dumped in the … Read more
Retail and hospitality businesses face ‘bloodbath’ of failures as landlords prepare to call in unpaid lockdown rent By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 September 2020 | Updated: 21:50 BST, 13 September 2020 Retail and hospitality businesses face a ‘bloodbath’ of failures as landlords prepare to call in unpaid rent from … Read more
Businesses forced to close because of local lockdown will be eligible to claim £1,500 survival payments from the Treasury every three weeks Treasury has announced businesses forced to close will be eligible for grants Firms required to shut due to local lockdown could get £1,500 every three weeks Treasury hopes scheme will help struggling firms … Read more
Survey finds almost one in five small businesses do not believe they would survive a new lockdown By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 September 2020 | Updated: 21:51 BST, 6 September 2020 Almost one in five small businesses do not believe they would survive a new lockdown, a survey found. … Read more
UK businesses will foot 10% of the wages of up to 10 million furloughed staff from today – as bosses warn Rishi Sunak’s £1,000 job retention grants won’t stop wave of redundancies Bosses warn of lay-offs as employers contribute to wages of furloughed staff Government will reduce its contribution to 70 per cent of wages … Read more
Small and medium sized enterprises are increasingly being turned away for grants under the Growth Hub scheme as some have been swamped with a frenzy of applications. It comes after the Government introduced a £20million funding initiative in June to help SMEs across England recover from the effects of the coronavirus pandemic. The £20million is … Read more