Commenting on UK Finance’s latest figures (30 April) on the number of firms successfully accessing CBILS, the BCC’s Head of Economics Suren Thiru said:
Commenting on UK Finance’s latest figures (30 April) on the number of firms successfully accessing CBILS, the BCC’s Head of Economics Suren Thiru said:
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 financial support through CBILS bank loans and most of those who had applied were awaiting a decision or had been unsuccessful.
Commenting on the Chancellor’s announcement of the Bounce Back loans scheme for micro businesses, BCC Director General Adam Marshall said:
Commenting on the Education & Skills Funding Agency’s announcement of a post-16 provider relief scheme which will seek to continue education and training during the coronavirus pandemic, BCC Head of People Policy Jane Gratton said:
Commenting on temporary measures announced by Business Secretary Alok Sharma on 23 April to safeguard businesses against aggressive debt recovery actions during the coronavirus pandemic, BCC Head of People Policy Jane Gratton said:
Commenting on the latest UK Finance update on the number of firms successfully accessing CBILS, the BCC’s Head of Economics Suren Thiru said:
Congratulations to our Chamber Network and their members across the UK who have been recognised in the Queen’s Awards 2020.
Results from the latest BCC Coronavirus Business Impact Tracker reveal that the vast majority of businesses surveyed have furloughed a proportion of their workforce, and are awaiting funds from the Coronavirus Job Retention Scheme as payday approaches for many. 71 per cent of survey respondents have furloughed staff, up from 66 per cent last week Cash flow remains a significant concern for many businesses - 6 in 10 have less than three months’ cash in reserve
Welcoming the Chancellor’s announcement of a Future Fund, supporting start-ups by delivering an initial commitment of £250m of new government funding which will be unlocked by private investment on a match funded basis, BCC Head of Economics Suren Thiru said:
BCC Director General Adam Marshall responds to news that applications are now open for the government’s Coronavirus Job Retention Scheme