This Bulletin contains updated information on the Coronavirus Business Interruption Loan Scheme (CBILS), the new assistance package for charities, and new guidance on the repayment of existing loans and credit cards. CBILS In the first instance, we are pleased to tell you that the Treasury has confirmed that Directors’ personal guarantees are no longer required…
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We’ve put together a slide deck together to help you identify the key areas you need to look into as a small business owner, if you are being adversely affected by the Coronavirus (Covid-19). Click the button below the slides to download the presentation and get access to all the useful links.
Following extensive criticism from small businesses and representative groups about the difficulty in accessing the Government’s Coronavirus Business Interruption Loan Scheme, the Chancellor of the Exchequer has NOW announced new measures to make it easier. We are also expecting further announcements about existing loans and credit cards next week. This scheme, introduced on 17 March,…
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The Chancellor of the Exchequer has announced a package of measures to help the Self-Employed and Freelancers who are not PAYE employees. Added together these groups make up around 5 million people in a total UK workforce of about 28 million. The Chancellor says that his package will assist about 95% of the 5 million.…
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The Coronavirus Bill 2020 has become an Act of Parliament and therefore is now part of UK law. It delivers a huge range of powers that the Government can exercise to help keep us safe during the current Covid-19 emergency. Although Parliament has risen early to protect not only MP’s and Peers but also the…
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The Covid-19 situation in the UK is now extremely serious, and you will no doubt be aware that the Government has made several announcements detailing support packages for individuals and organisations, together with a number of accelerated and somewhat exceptional edicts and advice to help people stay safe and virus-free. This guidance appertaining to these…
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We have compiled a list of useful links for advice and information on how to access financial support for SMEs and the self-employed. Self Employment & Universal Credit https://www.gov.uk/self-employment-and-universal-credit Employment & Support Allowance https://www.gov.uk/employment-support-allowance Covid-19 Small Business Government Grant https://smallbusiness.co.uk/how-do-i-get-the-government-3000-coronavirus-grant-2549866/ Coronavirus Business Interruption Loan https://smallbusiness.co.uk/how-do-i-apply-for-a-coronavirus-business-interruption-loan-2549863/ Citizen’s Advice https://www.citizensadvice.org.uk/benefits/help-if-on-a-low-income/if-youre-struggling-with-living-costs/ Emergency Funding https://www.stepchange.org/debt-info/emergency-funding.aspx
Meet our Building Legacies Business Growth Manager Clive Jelf and other team members who will be available to discuss the benefits of joining our business growth programme and advise on local business opportunities. For further information please contact business@royalgreenwich.gov.uk
Do you need temporary technical IT skills support within your business? Do you have a project that requires fresh ideas to get it going? Are you willing to offer East London students a chance to be involved in helping you build your business? ELBP is excited to be working on a collaborative project with the…
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