Coronavirus

The measures to handle or financial impacts of COVID-19.

Chancellor sets out £1bn fund for Omicron-hit businesses

Omicron variant sparks new support measures for hardest-hit firms.

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Firms want support as customers cancel bookings

Hospitality takings could fall 40% during vital trading period.

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Recovery loan scheme extends until mid-summer

The scheme remains open for small and medium-sized firms until 30 June 2022.

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Sunak extends recovery loan scheme

Applications will be available until June 2022.

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Furlough scheme ends after 18 months

Around 1m people were still furloughed.

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Govt. introduces £750m live events insurance scheme

It will cover costs in the event of cancellation.

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Applications for ‘fifth-and-final’ SEISS grant open

Self-employed taxpayers have until 30 September 2021 to submit their claims.

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Mortgage borrowing hits highest-ever monthly level

Borrowing stood at £17.9 billion in June 2021.

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Hospitality sees promising recovery in spring

Business confidence in the sector remains low, however.

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Bank of England warns of insolvency crisis among SMEs

Insolvency timings will coincide with end to Government support.

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