Business Growth Fund looks to rescue struggling SMEs

Business Growth Fund looks to rescue struggling SMEs

Linkilaw Business News

Businesses in the UK are still feeling the effects of the coronavirus pandemic and government aid is proving to be underwhelming. So, to help with the effort, one of the UK’s biggest investors has announced their intention to pledge £15 billion to help smaller businesses that are struggling to repay state-guaranteed coronavirus loans. Below we briefly explain the nature of …

Applications for furlough scheme to end 2

Applications for UK furlough scheme to end

Linkilaw Business News

On Tuesday 26 May 2020, Chancellor of the Exchequer, Rishi Sunak, announced that the UK government will stop accepting new applications for its furlough scheme to mitigate the effects of the coronavirus lockdown. In light of this news, this article discusses the aims of the UK furlough scheme and what prohibiting new applications could mean for your business and your …

Work after the lockdown ends: legal considerations

Work after the lockdown ends: Legal considerations

Linkilaw Employee Regulations

Over the last few weeks, we have seen the lockdown restrictions eased in the UK and some people have been encouraged to go back to work. However, questions still remain regarding health and safety and the actions that employers must take to prepare for a post-lockdown workplace. Below we discuss what employees and employers can do when returning to work. …

Coronavirus Job Retention Scheme extended to October What is changing

Coronavirus Job Retention Scheme extended to October – What is changing?

Linkilaw Legal News

The UK government has announced that the Coronavirus Job Retention Scheme, one of the measures introduced to assist businesses during COVID-19, will be extended until October 2020. We explain below what the scheme is, what changes have been made, and shed some light on what this means for employers and employees. What is the Coronavirus Job Retention Scheme?  The Coronavirus …

Bounce back loan - New help for small businesses 1

Bounce back loan: New help for small businesses

Linkilaw Legal News

The UK government has launched a new help for small businesses, the Bounce Back Loan Scheme (BBLS). The scheme was launched on 4th May 2020 and aims to provide financial support to businesses impacted by the Covid-19 outbreak but can’t access coronavirus funding quick enough. Businesses can apply to accredited lenders by filling out a simple online form. It offers …