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Business Lobby Calls for Sunak to Rethink Support Strategy

Wednesday 5th August, 2020 Written by Keith Tully

The British Chambers of Commerce (BCC) has called on the chancellor of the exchequer Rishi Sunak to change his approach to providing support to businesses across the UK economy.

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WHSmith, PizzaExpress and Hays Travel Among Companies Announcing Job Cuts

Wednesday 5th August, 2020 Written by Keith Tully

A growing number of companies have been announcing their intention to make significant cuts to their workforces as the coronavirus crisis continues and the UK economy struggles to rebound.

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Government Extends Loans Access for Struggling Small Businesses

Friday 31st July, 2020 Written by Keith Tully

The government has announced changes to its emergency business loans schemes to provide financial support to more small firms who might previously have been ineligible.

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New Laws Protect Furloughed Employees from Reduced Redundancy Payments

Thursday 30th July, 2020 Written by Keith Tully

New laws being introduced this week mean anyone who loses their job having been furloughed by their employers is entitled to claim full redundancy payments.

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Over 1 Million Companies Helped by Virus Support Schemes

Wednesday 29th July, 2020 Written by Keith Tully

Around 1.17 million companies across the UK have so far been helped financially by government-backed emergency coronavirus support schemes.

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The Business Distress Index Q2 2020

Monday 27th July, 2020 Written by Keith Tully

Our first post-Covid review of company distress and insolvencies analysing the period April to June 2020. Stats released every quarter.

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Manufacturers Call for Furlough Scheme Extension to Prevent ‘Jobs Bloodbath’

Wednesday 22nd July, 2020 Written by Keith Tully

A manufacturing sector trade body has called on the government to extend its furlough scheme to protect key industry jobs beyond the end of October.

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Nearly a Third of Companies Planning for Redundancies

Thursday 16th July, 2020 Written by Keith Tully

Almost one in three companies (29 per cent) surveyed recently have indicated that they are planning to make redundancies in the next three months.

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Unsustainable Debts ‘Putting 780,000 SMEs At Risk’

Thursday 16th July, 2020 Written by Keith Tully

As many as 780,000 small and medium-sized enterprises could be at risk of failure unless steps are taken to recapitalise the debts they’ve taken on to survive the Covid-19 crisis.

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