On 20 April 2020, the Chancellor of the Exchequer, Rishi Sunak announced a scheme aimed at providing support to start-up businesses not eligible for existing coronavirus rescue measures, in the form of the Future Fund.
Articles by ‘Bharti Moore’
There has been much publicity about the various support measures and schemes put in place to support businesses affected by COVID-19 such as the Coronavirus Business Interruption Loan Scheme (CBILS) and the Job Retention Scheme. One of the less publicised measures is specific support for UK businesses trading abroad.
During the coronavirus pandemic, the Chancellor of the Exchequer, Rishi Sunak announced financial support available to small to medium business, later expanding the relief package to larger business. Amidst the chaos, the entrepreneur and start-up community have fallen through the cracks.
Over the last few months, the world has changed dramatically. The International Monetary Fund, published its World Economic Outlook on 14 April 2020, which projects global growth in 2020 to fall to -3% as a result of Covid-19.
In light of the Coronavirus outbreak the Medicines and Healthcare products Regulatory Authority (MHRA), which is the authority which supervises the Medical Device and Pharmaceutical sector, has recently released a series of guidance notes about how the MHRA will deal with certain aspects of the Life Sciences sector during the COVID-19 outbreak.
The Government’s Coronavirus Business Interruption Loan Scheme (CBILS) is intended to provide loans, overdrafts, invoice finance and asset finance to smaller business affected by the Coronavirus, but will it go far enough?
The coronavirus implications are particularly acute for those who are trying to sell a business in an affected sector, such as travel, leisure, hospitality or entertainment.
The legal position depends on what stage the sale process has reached.
The 2019-nCoV Coronavirus provides a salutary reminder that in the event of a significant outbreak of an infectious disease it is important for businesses to have plans in place to ensure the continuity of their critical activities.
When you cover Brexit, like I do, you cannot help feeling a bit like the proverbial ‘boy who cried wolf’. Over the past three and a half years, all of us dealing with Brexit in blogs, comments and seminars have said on numerous occasions that “Brexit was coming” – only for it to be delayed, over and over again. However, this time the wolf is real: Brexit is actually coming.
On Thursday 14 November I attended a great event at the offices of Deutsche Bank hosted and organised by the Swedish Chamber of Commerce in London.
The speculation is over. What’s in store for businesses across the UK now?
Recent weeks have in the news been dominated by Brexit, the withdrawal agreement, the suspension of Parliament and in the end the Queen’s speech.