CBILS The government has announced that it will be changing the rules on CBILS, news reports suggest that this will be the relaxation of the current rules that force a CBIL application to conform to “normal” lending critera. We have…
Respect 2020 A quick review of the human angle of running a business during Covid-19. As part of our plan to focus on looking up and beyond at this time,we have captured some of the reality of what it is…
Latest Furlough Agreement Based on the most recent guidance please find the updated agreement here. The new agreement incorporates some of the points that have come to light since Thursday last week and so makes it clearer, in particular around…
Rules Clarified Our friends at 360HR continue their fantastic work. Their latest detailed guidance is here Furlough Leave – Gov Guidance Headlines: All caveated by the fact that this is the best interpretation of the information released so…
Latest Development We have just heard that Barclays are not requiring personal guarantees for loans under £250k. This was the government’s original proposal so I imagine someone has had a word. I assume other banks will follow suit. All…
Short sharp reads to help you through. Living with Uncertainty – Sarah Willcox Planning – Sarah Willcox Resilience in difficult and challenging times – Annabel Shilton Coming out of Lockdown – A Chinese Teacher
CBILS We have been waiting to hear how the banks will administer the CBILS scheme, although the government support 80% of the debt this only kicks in if the borrower can’t repay so the first call is on you. Given…
Job Retention Scheme Please find below more information from our friends at 360HR. Things are still changing fast but this is our latest understanding: In order to get agreement to ‘furlough’ an employee we are not required to carry…
Government Support Latest government updates here Our summary as of 22.03.20 As of today there are a number of government support proposals, these notes may help but please accept the caveat that guidance is changing frequently – this information was…
