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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.

Firms want support as customers cancel bookings

Hospitality takings could fall 40% during vital trading period.

Recovery loan scheme extends until mid-summer

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

Sunak extends recovery loan scheme

Applications will be available until June 2022.

Furlough scheme ends after 18 months

Around 1m people were still furloughed.

Govt. introduces £750m live events insurance scheme

It will cover costs in the event of cancellation.

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

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

Mortgage borrowing hits highest-ever monthly level

Borrowing stood at £17.9 billion in June 2021.

Hospitality sees promising recovery in spring

Business confidence in the sector remains low, however.

Bank of England warns of insolvency crisis among SMEs

Insolvency timings will coincide with end to Government support.