UK Global Tariff
The UK Global Tariff (UKGT) has been released. UKGT will be the UK’s new most-favoured nation (MFN) tariff regime (replacing the EU’s Common External Tariff) on 1 January 2021, unless […]
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Holiday entitlement and pay during coronavirus (COVID-19)
This guidance outlines how holiday entitlement and pay operate during the coronavirus pandemic. It is designed to help employers understand their legal obligations, in terms of workers who continue to […]
Government guarantees 100% of the Bounce Back Loan
The Bounce Back Loan scheme helps small and medium-sized businesses to borrow between £2,000 and £50,000. The government guarantees 100% of the loan and there won’t be any fees or […]
Coronavirus Business Impacts Tracker: Tranche 6
Given the rapid pace of developments, we now need to understand the immediate short terms impacts on your business. On a daily basis, your input from this tracker is briefed […]
BCC Coronavirus Business Impact Tracker: Loan schemes still slow to help many cash-strapped firms – but furlough scheme preventing redundancies
Results from the latest BCC Coronavirus Business Impact Tracker reveal the majority of businesses surveyed ahead of changes to the scheme announced on 27 April did not intend to seek […]
BILS Providers and their criteria
Abn Amro Commercial Finance – No direct page for borrowers to apply to as yet but brief details can be found HERE. Arkle Finance – A full application form is available HERE and a brief […]
Furloughing staff – will it affect annual leave?
Government guidance to date has been silent on the subject of how furloughing staff will affect annual leave. Kate Shawcross, employment solicitor at Harrison Drury, takes a look at some […]
Useful Updates
Additional guidance is available to assist employers, businesses and their staff in staying open safely during Coronavirus. Can you help to increase testing capacity in the UK? ACAS has produced […]
Coronavirus Business Interruption Loan Scheme Rapid Response – Harrison Drury
The coronavirus outbreak has caused an economic shockwave unprecedented in modern times, and perfectly viable businesses at the beginning of March have been plunged into financial turmoil through no fault […]
Furlough Workers – Update
Employers should discuss with their staff and make any changes to the employment contract by agreement. Employers may need to seek legal advice on the process. If sufficient numbers of […]
