UK government

UK Government borrowed over £62bn in April amid coronavirus lockdown

The UK Government borrowed £62.1 billion in April, marking the highest monthly figure on record as it tried to navigate the country through the coronavirus crisis, according to the latest figures from the Office for National Statistics (ONS).

Published 22 May 2020

Coronavirus statutory sick pay rebate scheme to launch in May

A new online service for small and medium sized employers to recover statutory sick pay (SSP) payments they have made to their employees will launch on May 26, the UK Government has announced today.

Published 19 May 2020

CLBILS scheme extended to offer larger businesses loans of up to £200m

The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m.

Published 19 May 2020

UK small firms secure over £8bn in bounce back loans in a week

Small firms in the UK have received £8.4 billion through the UK Government's "bounce back" loans scheme since the loans were launched last week

Published 13 May 2020

UK furlough scheme extended

Chancellor Rishi Sunak has announced that the UK Government's job retention scheme has been extended until October. 

Published 12 May 2020

UK Government announces 100% state-backed loans for small businesses

The UK Government has announced that small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders.

Published 28 April 2020

Scottish Government seeks extra support for Scotland's tourism businesses

Fergus Ewing, tourism secretary for Scotland, has written to the UK Government calling for it to amend its job retention scheme to help tourism businesses survive the economic impact of the coronavirus (COVID-19) pandemic.

Published 27 April 2020

UK start-ups to benefit from £1.25bn support scheme

The UK Government has unveiled a £1.25 billion package to support start-ups that are not eligible for existing coronavirus funding schemes. 

Published 20 April 2020

UK Government announces loans for bigger businesses

The UK Treasury has announced that loans to all medium-to-large firms will now be included in the government's £330 billion coronavirus support package for the economy.

Published 17 April 2020

Accountancy firms call for more help for small businesses

Two hundred and fifty accountancy firms have written to the UK Government calling for more help for small enterprises.

Published 17 April 2020

Chancellor curbs bank abuses to aid UK small business during coronavirus pandemic

Chancellor Rishi Sunak has announced further measures to support firms affected by the coronavirus crisis, by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.

Published 3 April 2020

RBS offers business interruption loans without personal guarantees

The Royal Bank of Scotland has announced that it will not be insisting on personal guarantees to issue government-backed emergency loans to business owners, whilst banks across the UK face criticisms for implementing such procedures. 

Published 26 March 2020

Centre of Excellence for Food and Drink Industry secures £10m funding package

Opportunity North East (ONE) has announced that the Centre of Excellence for Food and Drink Industry has secured £10 million of capital funding from the UK Government and the Scottish Government.

Published 21 January 2020

More SMEs dissatisfied with broadband provisions

A greater proportion of smaller Scottish firms are dissatisfied with their broadband service compared to the UK as a whole, Federation of Small Businesses (FSB) research reveals.

Published 16 October 2019

Argyll and Bute to receive £50m Rural Growth Deal

Argyll and Bute Council has welcomed the announcement of a £50 million Rural Growth Deal as a "transformational vote of confidence" in the area.

Published 3 October 2019