The government has told business leaders it will take a “cautious approach” to firms that owe it money in the wake of the coronavirus pandemic.
Demands from businesses to extend the furlough scheme were rejected by Rishi Sunak last night – despite the expected delay to ending lockdown.
How many times have we heard that a Company that has outstanding liabilities has been dissolved by the Director at Companies House without going through a formal Insolvency process
Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a slump in profits.
Banks are braced for a flood of small business customers topping up bounce back loans tomorrow when Rishi Sunak reopens the Covid-19 rescue scheme, even after a £38bn lending spree.