Financial help and resilience: a guide for all

New schemes should make a ‘big difference’.

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There are several government schemes now to help out different sectors:

Financial help and resilience: a guide

Financial help and resilience: a further guide

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The picture, however, has been far from clear – and for many, uncertain.

Whether for small businesses:

Coronavirus: A fifth of smaller UK firms ‘will run out of cash’ | bbc.co.uk

130K inquiries, 1K loans: why UK government had to tweak help for small firms | theguardian.com

Or for the self-employed:

Millions in UK ‘could slip through virus wage safety net’| theguardian.com

Or for people applying for benefits:

Government under pressure to axe five-week wait for Universal Credit to avoid a coronavirus ‘debt crisis’ as nearly a million Britons apply for financial help in just TWO WEEKS | dailymail.co.uk

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However, clarity is emerging:

Coronavirus: RBS says revamped loan scheme will make ‘big difference’ | bbc.co.uk

Covid-19: business interruption loan scheme amended | accountancydaily.co

And there is good financial advice out there, for example:

Coronavirus and money: What if I can’t pay my bills? | bbc.co.uk

Coronavirus: Support for UK businesses and individuals | saffery.com

   
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