Tag

covid19

Summer statement 2020 – a quick look at the Chancellor’s key employment-related points

Summer statement 2020 – a quick look at the Chancellor’s key employment-related points Key contact: Claire Knowles Author: Rebecca Mahon Britain has now entered the second phase of the Government’s economic response to the coronavirus crisis. At lunchtime yesterday, the Chancellor Rishi Sunak delivered his summer statement. In his opening remarks, he confirmed he would...
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‘Recovery Roundtables’ Launched for Economic Bounce-Back

‘Recovery Roundtables’ Launched for Economic Bounce-Back Key Contact: Natalie Jones Author: Joe Smith On 8 June 2020, the Government announced that a number of working groups have been launched this week in the hope of providing a strategy for the bounce-back of business and economic growth. The Business Secretary Alok Sharma, who is responsible for heading these...
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Craning Their Necks

Craning Their Necks Key Contact: James Williams Author: Mark Summers Construction’s leaders turn their sights to the post Covid-19 recovery This week the Construction Leadership Council (CLC) – a high-profile organisation which brings together contractors, clients, academics and other key stakeholders in the industry – published its “Roadmap to Recovery”; a detailed set of proposals to guide...
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Future Fund Opens for Applications

Future Fund Opens for Applications Key Contact: Phil Pugh Author: Chris Doherty Applications for the Future Fund, a £250 million fund to support innovative companies which are facing financing difficulties due to the coronavirus outbreak, have been open since Wednesday 20 May 2020. The Fund has already attracted significant interest, with reports that demand almost immediately surpassed...
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Furlough extended – again

Furlough extended – again Key Contact – Claire Knowles Author –  Rebecca Mahon At lunchtime today Rishi Sunak confirmed that the coronavirus job retention scheme (or “furlough” scheme) will be extended to the end of October. This announcement comes not much more than 24 hours after Boris Johnson announced that if you can’t work from home,...
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BREAKING NEWS: Furlough Scheme extended by four months

BREAKING NEWS: Furlough Scheme extended by four months Key Contact: Christian Farrow Author: Chris Doherty This afternoon, the Chancellor of the Exchequer Rishi Sunak confirmed that the Coronavirus Job Retention (“Furlough”) Scheme will be extended to October. Employees unable to work due to the impact of the Coronavirus outbreak will continue to receive 80% of their monthly...
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Lockdown restrictions to ease in England

Lockdown restrictions to ease in England Key Contact: Christian Farrow Author: Chris Doherty The Prime Minister Boris Johnson provided an update on Sunday evening on the Government’s proposed changes to lockdown restrictions in England, the first small steps towards reopening the nation after nearly two months of lockdown. The Government’s new message to people in England, “stay...
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Applications for the Bounce Back Loan Scheme open today

Applications for the Bounce Back Loan Scheme open today Key Contact: Christian Farrow Author: Elena Visser The Bounce Back Loan Scheme (BBLS) opens today to help small and medium-sized businesses borrow between £2,000 and £50,000. The government will guarantee 100% of the loan and there will not be any interest on the loans for the first 12...
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Rishi Sunak has unveiled 100% state-backed loans for small firms

Rishi Sunak has unveiled 100% state-backed loans for small firms Key Contact: Christian Farrow Author: Elena Visser The Bounce Back Loan scheme has been unveiled to help small and medium sized businesses to borrow between £2,000 and £50,000. The government will guarantee 100% of the loan and there will not be any fees or interest to pay...
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Cost Savings Following Furlough – The Importance of Planning Ahead

Cost Savings Following Furlough – The Importance of Planning Ahead Key Contact – Claire Knowles Author – Mark Alaszewski The Coronavirus Job Retention Scheme (the Scheme) has dominated employment law discourse over the past few weeks and has now both launched and been extended. The Scheme provides temporary support for businesses, lasting from 1 March until 30...
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