In a bid to help those businesses that have been forced to close owing to local restrictions, the Government has again extended the Job Support Scheme (JSS) which is due to commence on 1 November 2020.
With much of the North West now officially under Tier 3 restrictions, check whether you are eligible for the Local Restrictions Support Grant (LRSG) which supports businesses that have been required to close due to temporary COVID-19 local lockdown restrictions imposed by the government.
Less than a month after it was announced, the Job Support Scheme (JSS) is being expanded, providing temporary support to businesses whose premises have been legally required to close as a direct result of Coronavirus restrictions set by the Government.
Today, the Chancellor Rishi Sunak presented his Winter Economy Plan to Parliament to explain the next phase of his planned economic response to Coronavirus. Read our summary of the announcements made.
In their latest publication, restructuring advisory partners, Allan Kelly and Ian Corfield, of FRP Advisory, explore how CVAs can offer a route to rehabilitating companies while optimising value and outcomes for stakeholders.
Ministers have announced new grants for businesses affected by local lockdowns. Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
The government has announced £20m of funding as part of their drive to boost the recovery of the economy and provide small and medium sized enterprises (SMEs) help to adapt their businesses following the Coronavirus pandemic.
The Kickstart Scheme is a £2 billion fund to incentivise the creation of hundreds of thousands of quality 6-month work placements for young people aged 16-24, who are claiming Universal Credit. Businesses of any size looking to recruit young people can apply.
HM Revenue & Customs have issued new guidance on how businesses will become eligible for the Coronavirus Job Retention Scheme Bonus of £1,000 for every employee previously furloughed who remains continuously employed until the end of January 2021.