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Do you have a full understanding of the furlough guidelines?

The government has published further guidelines on the Coronavirus Job Retention Scheme (CJRS) to provide more clarity particularly on changes in legislation and eligibility.

UK economy shrinks by fastest pace since 2008 financial crisis

The UK economy contracted by 2% - its fastest pace since the financial crisis - in the first three months of the year, as Covid-19 took hold. This followed a zero-growth figure from the final quarter of 2019.

SMEs and Sole Traders: 6 tips to manage late payment

Late payments are challenging at the best of times but keeping cashflow moving during the current pandemic adds another layer of uncertainty to an already difficult time for small UK businesses, who are likely to have seen work dry up and offices closed.

Government launches ‘Bounce Back’ loans for SMES

Yesterday (27th April), the Chancellor announced the launch of a rapid loan scheme which would inject a vital boost to UK businesses within 24 hours of application.

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