COVID-19: UK businesses owed more than £133 billion since lockdown began

Posted on June 24, 2020 Posted in - Accountancy, Accounting, Blog, Business, CBILS Loans, Covid-19, Covid-19 Economy, COVID-19 Updates, covid-19-update, Economy, Family Businesses, Finance, Loans, Reliefs & Deferrals, SME, SMEs, SMEs / Business

UK businesses are owed more than £133 billion since the lockdown measures began in March, with the average business waiting on £148,917 for work that was completed before the lockdown. Read more…

COVID-19: Government’s Bounce Back Loan Scheme distributes £23 billion in finance

Posted on June 17, 2020 Posted in - Blog, Business, CBILS Loans, Covid-19, Covid-19 Loans, Covid-19 Loans, Grants and Deferrals, covid-19-update, Family Businesses, Finance, Loans, Reliefs & Deferrals, SME, SMEs, SMEs / Business

The Government’s Bounce Back Loans Scheme has provided more than £23 billion in finance to more than 780,000 businesses, according to the latest research. Read more…