COVID-19 Guidance

Small businesses have never experienced a more challenging time than the one in which we now find ourselves.

The government has responded with a range of support measures and guidance on steps to be taken to avoid the spread of infection as some businesses return to work. They have also provided a range of financial resources to help UK businesses survive, transition and prepare for a post COVID-19 economy.

As part of this path to recovery, it’s important for UK businesses to stay up to date with resources available to them as the crisis develops.

Coronavirus: Government measures

On 11th March 2020, the Chancellor set out a £12 billion package of measures to support businesses through the economic disruption caused by COVID-19.

Further to the Budget, on 17th March the Chancellor announced an unprecedented package of government-backed and guaranteed loans to support businesses, making available an initial £330 billion of guarantees – equivalent to 15% of GDP.

Learn more about the latest government measures

The above schemes are just some of the measures the Government has announced. You can find full details of how the Government is supporting public services, people and businesses through this period of disruption caused by the coronavirus here

Learn more about other types of financial support available for businesses

Your business in times of uncertainty:

Included in this guide, you will find guidance on:

• Financial and operational management, including managing late payment
• Making your team aware of how they can help improve the business’s cash position
• Where to go for advice and funding options
• How to approach lenders and investors, especially if you have an immediate cash shortfall

View guide to managing cash in times of change.