Chancellor of the Exchequer, Rishi Sunak has announced an increase in financial support for businesses and workers affected by Covid-19 restrictions its economic consequences. Announcing the measures, Chancellor of the Exchequer Rishi Sunak said: I’ve always said that we must be ready to adapt … [Read more...]
News for: Coronavirus Financial
Stockport Plaza secures Culture Recovery Fund grant
The Stockport Plaza has announced it has received a grant from the government's Culture Recovery Fund to support the theatre's future. The Stockport Plaza has been awarded a grant as part of the Government’s £1.57 billion Culture Recovery Fund (CRF) to help face the challenges of the coronavirus … [Read more...]
Energy Efficiency Grant applications open for Greater Manchester SMEs
Applications have opened for SMEs in Greater Manchester to apply for a grant of up to £12,500 to make energy efficiency improvements. Small businesses in Greater Manchester can access up to 50% of the capital needed to invest in the energy efficiency to help companies meet environmental goals, … [Read more...]
‘Yes Business Can North’ to support business recovery from Covid-19
Lloyds Bank Academy is launching ‘Yes Business Can North’, an event to help to support small businesses to recover from COVID. This event on Thursday 12th November is specifically focusing on the North of England, as the region has been disproportionately economically impacted by COVID. It is … [Read more...]
NK Theatre Arts lifeline grant from £1.57 billion Culture Recovery Fund
Stockport based NK Theatre Arts has been awarded just over £80,000 of funding as part of the Government’s £1.57 billion Culture Recovery Fund (CRF) to help face the challenges of the coronavirus pandemic and to ensure they have a sustainable future, the Culture Secretary has announced today. NK … [Read more...]
Northern Leaders write open letter to Government seeking more financial help
"Despite many requests, it has taken a long time for the Government to recognise that a proper support package for people and businesses affected by local restrictions would be needed." Saturday 10th October: Dear Colleague, LOCKDOWN FINANCIAL SUPPORT With the number of positive cases … [Read more...]
Coronavirus Job Retention Scheme will change from October 1st
From October 1st, employees enrolled in the Coronavirus Job Retention Scheme (or furlough) will only have 60% of the wages paid by HMRC, with the remainder being provided by the employer. While the total wages paid to the employee will not change, up to a cap of £2500 per month, HMRC will reduce … [Read more...]
Healthcare suppliers get cyber security funding boost
Healthcare firms are set to benefit from government funding to boost their cyber security, the Digital Infrastructure Minister Matt Warman has announced. The move comes after the National Cyber Security Centre (NCSC) identified a heightened cyber threat to the UK health sector in relation to … [Read more...]
Covid Resilience Plan and Build Back Better on agenda for latest GM LEP webinar
Greater Manchester's Local Enterprise Partnership (GM LEP) is hosting its fourth webinar on Building Back Better in the city-region, with discussion focusing on the newly published Living with Covid Resilience Plan. The session, hosted in partnership with the Growth Company, is the latest in a … [Read more...]
Changes to furlough scheme come into effect
As announced by Chancellor Rishi Sunak in April, the Coronavirus Job Retention, or furlough, scheme will require employers to contribute 10% of the furloughed employee's normal salary in order to continue participating after 1st September. From when the scheme was launched, the UK government has … [Read more...]
Second phase of self-employed Covid-19 grants opens to applications
A second phase of the Self-Employed Income Support Scheme (SEISS) grants to support self-employed individuals whose incomes have been hit by the Covid-19 pandemic with grants has now opened to applications. Applicants will be able to claim a payment of 70% of their average monthly profits for the … [Read more...]
Stockport accountants warn firms not to miss out on CBILS funding
The Corporate Finance team at Stockport accountants, Hurst, are urging local businesses to apply for the Coronavirus Business Interruption Loan Scheme (CBILS) before the 23rd September application deadline. Hurst's corporate finance team has so far helped clients access £17 million of emergency … [Read more...]
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