Insurance actions likely as firms denied payouts
A leading disputes lawyer believes a “growing insurance war” could last longer than the Covid-19 crisis which has sparked it. Several…
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The ups and down of lockdown – in figures
Consumer spending dropped by six per cent year-on-year in March as lockdown was introduced, according to newly-released data. But a more…
Four new lenders added to CBILS
The British Business Bank has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) – The…
Don’t write off billions, say debt collectors
The trade body for debt collection has issued a detailed response to the Government following calls from a number of debt…
Slow due diligence blamed as SMEs avoid banking services
As many as 38 per cent of UK businesses have deliberately abandoned an application for banking services in the past year…
Cautious reaction to Sunak’s grants for workers
Self-employed workers can now apply for a grant worth 80 per cent of their average monthly profits to help them through…
Work drying up, income falling – it doesn’t have to mean redundancies
As the UK faces a period of significant financial disruption, businesses have already been badly hit with work decreasing, jobs cancelled…
Coronavirus loan scheme accepting applications
The government’s COVID-19 small business loan scheme announced in the Budget, is now live. This means loans are now available to…
Coronavirus – can you break your contracts and are you insured?
With the impact of COVID-19 being felt by businesses more every day, many are looking at their contracts and insurance policies…
How the finance sector welcomes technology
The majority of UK finance workers have widely rejected the idea that technology such as automation and artificial intelligence will “steal their job”….