Sir Henry

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 …

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

The new ‘Kickstart Scheme’ On Wednesday 2nd September the Government announced the launch of their new £2 billion Kickstart Scheme, which is designed to create thousands of new jobs for young people. The Scheme is open to employers who agree to take on young people aged between 16 and 24 and who are currently in …

COVID-19 BRIEFING FOR SME’S ISSUED AT 1500 hrs on 3rd SEPTEMBER 2020 Read More »

OVERVIEW Support Grant for self-employed people who are new parents Self-employed parents whose trading profits dipped in 2018/19 because they took time out to have children will be able to claim for a payment under the Self-Employed Income Support Scheme (SEISS) within the next few weeks. The scheme requires claimants to have traded in 2018/19 …

COVID-19 BRIEFING FOR SME’S ISSUED AT 1400 hrs on 18th June 2020 Read More »

OVERVIEW MORTGAGE ‘PAYMENT HOLIDAYS’ The Financial Conduct Authority (FCA) has confirmed the support that lending firms should give to mortgage customers who are either coming to the end of a payment holiday or who are yet to request one. The FCA is also reminding customers that if they can afford to resume payments, they should. …

COVID-19 BRIEFING FOR SME’S ISSUED AT 1100 hrs on 8th June 2020 Read More »

Latest information on the governments CJRS and SEISS schemes including when employers will need to start contributing to employee costs.

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 …

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

Sir Henry tell us about all the various funds available for charities and other organisations including how to apply and by when.

OVERVIEW Business Interruption Insurance Update Introduction Last week we told you that the Financial Conduct Authority (FCA) was considering what measures it should take to help businesses that had tried unsuccessfully to claim on their Business Interruption (BI) insurance policies. The Coronavirus pandemic and the Government controls imposed as a result are causing a substantial …

COVID-19 BRIEFING FOR SME’S ISSUED AT 0930 hrs on 20th MAY 2020 Read More »

OVERVIEW In this Bulletin we cover: HEALTH & WELLBEING OF CARE & ALLIED WORKERS The Thursday night clapping for key workers is a measure of how much they are appreciated by the general population. Care workers, caterers, cleaners, nurses, occupational therapists, personal assistants, registered managers, social workers and others all have a crucial role in …

COVID-19 BRIEFING FOR SME’S ISSUED AT 1130 hrs on 15th MAY 2020 Read More »