Sir Henry

COVID-19 BRIEFING FOR SME’S ISSUED AT 1630 hrs on 27th SEPTEMBER 2020

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OVERVIEW This Bulletin covers the Chancellor of the Exchequer’s UK economic update delivered on 24th September 2020, together with new and revised measures running until April 2021. INTRODUCTION During the last six months the UK Government has initiated a number of state-funded schemes and interventions to support businesses and individuals who have been adversely affected …

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COVID-19 BRIEFING FOR SME’S ISSUED AT 1630 hrs on 20th SEPTEMBER 2020

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Special Edition for the Care Sector INTRODUCTION This Bulletin gives a summary of the Government’s newly published ‘Adult social care: Coronavirus (COVID-19) Winter Plan 2020 to 2021’. The Winter Plan sets out: The Government’s ambitions for the sector and the challenges facing adult social care this winter Key actions for national bodies (Department of Health …

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COVID-19 BRIEFING FOR SME’S ISSUED AT 1700 hrs on 17th SEPTEMBER 2020

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INTRODUCTION This Bulletin gives a summary of the outcome of the Court case brought by the Financial Conduct Authority (FCA) to clarify the law regarding claims against insurance policies resulting from the effects of Covid-19. BACKGROUND Many companies and other trading organisations have commercial Business Interruption Insurance (BII), which is designed to give them cover …

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COVID-19 BRIEFING FOR SME’S ISSUED AT 1800 hrs on 16th AUGUST 2020

URGENT FINANCIAL INFORMATION UPDATE New Self-Employment Income Support Scheme (New SEISS) A new, additional grant scheme to help self-employed people opens on Monday 17th August. People can now apply for New SEISS, regardless of whether or not they qualified for a grant under the original SEISS scheme. Although the criteria for New SEISS are similar …

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COVID-19 BRIEFING FOR SME’S ISSUED AT 1230 hrs on 27th MAY 2020

OVERVIEW EXTENSION TO MORTGAGE HOLIDAYS The Financial Conduct Authority (FCA) has announced proposals which will continue support for customers who are struggling to pay their mortgage due to Coronavirus crisis. The proposal outlines the options Lenders will be required to provide customers coming to an end of a payment holiday, as well as those who …

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