Latest Business Impact of Coronavirus Survey (BICS) shows short term pressures on businesses and mixed effects on turnover. CBI calls for long term national economic vision and strategy.
The government has announced changes to the Kickstart scheme, lowering the threshold from 30 placements to allow SMEs to apply direct to DWP when creating smaller numbers of job placements.
Following the National Lockdown announced yesterday by the PM, the Chancellor announced new one-off top up business support grants for the retail, hospitality and leisure sectors worth up to £9,000. Additionally discretionary funds are also available for other businesses impacted by the lockdown.
Chancellor extends furlough scheme until the end of April 2021 and Covid-19 business loan schemes extended until the end of March.
Reminder of Local Restrictions Support Grant and Additional Restrictions Grant and status of application processes and contact details for local administering authorities.