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Medical drone delivery service receives UK Space Agency backing
Using the drones to help in the Covid-19 response will avoid courier call-out waiting times, free up NHS staff and cut unnecessary physical contact.
Four things to consider before extending your accounts filing deadline
In June of this year, new measures were introduced through the Corporate Insolvency and Governance Act to relieve the burden on businesses during Coronavirus by allowing them longer to file accounts.
How the Winter Economy Plan is helping SMEs
Though another full lockdown has not been announced, further measures to stem the spread of Coronavirus were revealed last week. With the economy struggling to recover from lockdown and these new restrictions spelling even further challenges for already vulnerable sectors, Chancellor Rishi Sunak outlined a package of measures to help businesses through the next few months of the pandemic and the winter trading period. Let’s take a look at some of those announcements and what they could mean for small to medium enterprises in the UK.
Record recession: How was it sparked and what will it mean?
The UK has suffered the biggest second quarter contraction of all the major economies - but what does this mean and how did we get here.
UK nosedives into recession after GDP plunges 20.4% between April and June
For the first time in 11 years, the UK is officially in recession. The Office for National Statistics said the economy bounced back by 8.7% in June as lockdown restrictions eased, however, the impact of lockdown between April and June has taken its toll.
More small businesses set to benefit under CBILS
As a result of UK Government and industry lobbying, more small businesses can benefit from loans under the Coronavirus Business Interruption Loan Scheme (CBILS) from 30th July 2020.
Could ending the furlough scheme spark a surge in unemployment
In a recent report, NIESR hailed the Government’s coronavirus job retention scheme but called on the Chancellor to extend it into next year to preserve jobs.
Chancellor ‘has drawn line under helping workers excluded from virus support’
Last week, the Treasury Committee stressed that over a million people have not received support from the Government.