UK’s major recovery firms give their early reports on car breakdowns in lockdown

Motorists have been warned that weeks of not using their car could result in a huge number not starting or developing issues caused by neglect and a lack of running. Experts said owners should take measures to ensure their batteries remain charged, tyres inflated and checks are made so cars won’t break down when they … Read more

Can you be made redundant while on furlough? Firms axe staff

There are serious concerns that companies across Britain are set to make staff redundant after putting them on the Government’s furlough scheme designed specifically to prevent mass job losses. When Chancellor Rishi Sunak announced last week the coronavirus job retention scheme was being extended until the end of October, and would not be altered until … Read more

Aggressive debt collectors put on a short leash to help firms survive

Aggressive debt collectors put on a short leash to help firms survive the coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 May 2020 | Updated: 21:51 BST, 20 May 2020 Firms will get extra protection from aggressive debt collectors under new laws proposed today Companies struggling because of the crisis will … Read more

First-time buyers face mortgage crisis as firms withdraw or lower offers fearing house price crash 

First-time buyers looking to get on the property ladder following the coronavirus crisis may face a £12,000 gap in their finances as banks offer only high-deposit mortgages.  The Government reopened the housing market last week after it was effectively shut down in March in response to the COVID-19 pandemic.  But because of fears of a … Read more

Firms that take taxpayer-backed loans will have to rein in fat cat pay

Fresh crackdown on fat cat bonuses: Firms that borrow taxpayer-backed loans will have to rein in executive bonuses By Lucy White For The Daily Mail Published: 22:51 BST, 19 May 2020 | Updated: 22:51 BST, 19 May 2020 Firms that borrow emergency taxpayer-backed loans will have to rein in executive bonuses and cancel dividend payouts … Read more

Firms facing ruin as insurers deny pay outs in ‘coronavirus cover con’

Hundreds of thousands of workers face redundancy because insurance giants are refusing to pay out in a £1 billion ‘coronavirus cover con’. Tens of thousands of small and medium-sized businesses are at risk of bankruptcy because of the ‘disgraceful’ and ‘immoral’ attempt to wriggle out of releasing the vital funds. This is despite them having … Read more

Government launches start-up loan aid to help firms survive pandemic

Government launches start-up loan aid to help innovative businesses survive the pandemic By Daily Mail City & Finance Reporter Published: 22:52 BST, 19 May 2020 | Updated: 22:52 BST, 19 May 2020 The latest Government aid scheme is launching today to help innovative and high-growth businesses survive the pandemic. The £500million Future Fund will open … Read more

Why keeping in touch with customers is key for small firms in lockdown

Why keeping in touch with customers is key for small businesses. EMMA JONES on how to stay productive and thrive during lockdown Emma Jones of Enterprise Nation gives tips on how small business owners can make the most of lockdown – and be prepared for the reopening of society Keeping in touch with customers and … Read more

The 53 best and worst travel firms for coronavirus cancellation refunds revealed

The coronavirus pandemic has been devastating for the travel industry, with millions of holidays and travel bookings either unavailable or cancelled. Yet how firms treat their customers as a result of the pandemic various enormously, according to a major new investigative survey. It asked 27,000 travel customers to rate firms according to how they’ve dealt … Read more

Bailed-out firms face coronavirus dividend ban

Government considering banning dividends at companies which take out taxpayer-backed loans in coronavirus crisis By Lucy White For The Daily Mail Published: 21:54 BST, 17 May 2020 | Updated: 21:54 BST, 17 May 2020 The Government is considering banning dividends at companies which take out taxpayer-backed loans in the coronavirus crisis.  Firms which borrow up … Read more