Amid the confusion and uncertainty caused by the Coronavirus outbreak, The Felix Project have partnered with the Evening Standard to launch a new initiative to feed NHS workers and the homeless based in London. The project has taken over the new Tottenham Hotspur Stadium, and £750,000 has already been raised… read more

Monday marked the first day that the Coronavirus Business Interruption Loan Scheme was available for firms in the UK, allowing them to claim up to £5 million in business loans to help cope with the strict measures put in place during the coronavirus pandemic. To be eligible for a facility under CIBLS,… read more

A press conference yesterday afternoon saw Rishi Sunak announce new financial measures to bolster the UK economy, including further funding for small businesses, following on from the £12 billion support package committed during the Budget last week. The new measures include a £330 billion scope for loans for struggling firms, regardless… read more

Rishi Sunak’s first Budget yesterday brought many changes that will affect small businesses across the UK. Part of the three-point plan to tackle the impact of coronavirus focussed on new support for affected SMEs, which includes the promise of a full refund for up to 14 day’s worth of sick… read more

As Rishi Sunak prepares to announce his first Budget on 11th March, rumours have circulated that he plans to make changes to Entrepreneurs’ Relief. For business owners, this is a hugely important scheme when selling their firms, providing relief on capital gains tax. The relief, originally introduced in 2008, is designed… read more

The Spring Budget 2020 is set to take place in three weeks, confirmed by new Chancellor Rishi Sunak for the March 11th as planned by his predecessor Sajid Javid, it has, however, been reported today that certain aspects – including major decisions on tax, spending and borrowing – will be… read more

The government has today released a report that forecasts the short and medium-term prospects of the UK economy which shows an expected GDP growth of 1.2% in 2020, and a further growth of 1.4% in 2021. This follows reports from the Guardian that the average UK wage has risen above pre-financial… read more

HM Treasury has today updated the Women in Finance charter which aims to support the progression of women into senior roles in the financial services sector. The charter, signed by some of the biggest names in business, is a positive step towards achieving equality. In fact, last week it was announced that… read more