Coronavirus updates

To help provide stability during the coronavirus pandemic, we are continuallty updating this page with the latest news and articles to support and guide individuals and businesses throughout the UK.

If you are in need of any support from our partners, please don't hesitate to get in touch. You can find the contact details of our team here.

The latest updates

  • The Recovery loan scheme launched on 6 April 2021. This is a new loan scheme that provides lenders with a guarantee of 80% on eligible loans between £25,000 and £10 million. Read more here.

  • The Coronavirus job retention scheme (CJRS). Having protected and supported over 11 million UK workers, the scheme will draw to a close in September 2021. Read more here.

  • Self-Employment Income Support Scheme. These grants have now been extended until September 2021. A fifth grant will run from 1 May to 30 September 2021, worth 80% of three months’ average profits. This grant will be claimable from late April. Find out more here.

  • Universal credit. The temporary £20 a week increase in universal credit will continue to be paid until 30 September 2021. The suspension of the minimum income floor (MIF) for self-employed claimants will continue until the end of July 2021. Those claiming working tax credits will receive a one-off payment of £500. Read more here.

  • Restart grants. The government will provide restart grants in England of up to £6,000 per premises for non-essential retail businesses and up to £18,000 per premises for hospitality, accommodation, leisure, personal care and gyms. Read more here.

  • Business rates reliefs. The 100% business rates relief for eligible retail, hospitality and leisure properties in England will continue to 30 June 2021. It will be followed by 66% business rates relief from 1 July 2021 to 31 March 2022. Read more here.

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