£1 billion business support fund to tackle Omicron
| 07-01-2022With businesses feeling the pinch from the Omicron variant, Chancellor Rishi Sunak recently announced a £1 billion business support fund.
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Take a look through the latest in-depth industry news as well as a range of features, insights and advice across a variety of different financial topics. Have a browse through our guides and web pages, so you can get an idea about what options might be possible and most helpful in your situation.
Are you affected by toxic debt?
| 16-12-2021If you’re struggling to repay either your company’s debts or your own personal debts, you may be struggling with ‘toxic debts’.
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What if you can’t pay your household bills?
| 18-11-2021Finding yourself in a situation where you can't pay your household bills is a nightmare. So, what can you do if you can’t pay your household bills?
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Can I close and liquidate my company with a Bounce Back Loan (BBL)?
| 01-10-2021Yes, it is possible to liquidate a company with a Bounce Back Loan. An unpaid BBL is an unsecured debt, which can be included in a liquidation procedure.
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Winding-up petitions return – Government remove WUP restrictions
| 29-09-2021ith the extended restrictions on creditor enforcement action set to lift on 30th September, winding-up petitions (WUPs) are set to once again be used by creditors.
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Coronavirus Support is Changing
|While the furlough scheme is winding down, the government's coronavirus support is changing rather than ending. Support for struggling businesses won’t disappear.
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