New grants for shared-property businesses

The Government has made available grant funding for businesses that share working spaces and which therefore miss out on existing coronavirus support schemes. The local authority discretionary grant fund was announced on Saturday 2 May and is worth £617 million in...

New microloans revealed for small firms

Small businesses will be able to access 100% state-sponsored microloans of up to £50,000, or 25% of their turnover, from Monday 4 May 2020. Chancellor Rishi Sunak revealed the scheme following concerns that access to existing coronavirus rescue schemes was taking too...

Chancellor pledges £750m for charities

Chancellor Rishi Sunak has pledged a £750 million package to help charities during the COVID-19 pandemic. Sunak announced the measure last night in an attempt to address concerns that some charities are facing collapse. As part of the scheme, £370m will go to small...