
More than 380,000 firms apply for government scheme to pay 2.8m furloughed staff
More than 380,000 businesses have applied for a government scheme to pay the wages of 2.8 million furloughed workers, Business Secretary Alok Sharma has revealed.
The latest news affecting small and medium sized (SME) businesses in the UK

More than 380,000 businesses have applied for a government scheme to pay the wages of 2.8 million furloughed workers, Business Secretary Alok Sharma has revealed.

Amazon, the internet retail giant vilified for years as public enemy No 1 to booksellers, has been revealed as the surprise mystery benefactor that donated £250,000…

A third of British households believe that they will need financial support from the state in the next three months as concerns grow about job security…

One of Britain’s biggest housebuilding companies has announced that it will restart work on its construction sites in just over a week’s time, amid growing signs…

Sir Richard Branson's co-investor in Virgin Atlantic has ruled out injecting cash into the struggling airline - and indicated he expects it to go into administration.

The government will borrow £180 billion from the markets in the next three months to fight the economic collapse caused by the shutdown, providing the first…

Admiral has become the first major UK motor insurer to offer its customers partial refunds, as many drivers are stuck at home because of the Covid-19…

Commercial property landlords are starting to tighten the screw on retailers including Boots and Matalan for failing to pay overdue rent, in some cases starting legal…

Hiscox told shareholders that it expected to pay out $150 million to settle claims including for the cancellation of events if the social distancing measures and…

ITI Capital, the global financial services provider for institutional investors and private clients, today announces that it has hired Leonardo Brummas Carvalho as Group Co-CEO and…

“We’re here to brighten up your day,” Cath Kidston tells its followers but it was all gloom today when the chintz-inspired retailer made 900 workers redundant…

More than two thirds of UK companies have already furloughed their workers and many are fast running out of cash, according to a survey tracking the…

More than 1.5 million people have applied for universal credit since social distancing measures were introduced a month ago, underscoring the scale of the crisis in…

The Coronavirus crisis has already cost UK SMEs an average £277,893 each - and 64% expect their revenues to decrease by half in coming months, according…

British applicants for jobs harvesting crops have said farmers have made it virtually impossible for them to secure the work despite a national appeal for a…