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Labour calls for transparency on the performance of Coronavirus economic support schemes

Labour has today called for “much greater transparency” on the implementation and effectiveness of the government’s schemes to support the economy, businesses and jobs during the coronavirus crisis. Labour Leader Keir Starmer and Shadow Chancellor Anneliese Dodds have demanded daily updates and the publication of figures on the performance of…

The Financial Times and The Sunday Times have reported on the teething problems of the Coronavirus Business Interruption Loan Scheme

The Financial Times and The Sunday Times have reported on the teething problems of the Coronavirus Business Interruption Loan Scheme Only 5,000 struggling small businesses have received cash under the Treasury’s coronavirus loans scheme more than three weeks since it was launched — raising concerns that emergency money is not…

The Small Business Grant Fund and the Hospitality and Leisure Grant Fund do not have an implementation deadline

The Small Business Grant Fund and the Hospitality and Leisure Grant Fund do not have an implementation deadline. The schemes will be administered by local authorities.   The government’s loans scheme for coronavirus-struck businesses has been criticised by a former governor of the Bank of England, as it emerged that…

The Self-employment Income Support Scheme is not yet available. The Chancellor has announced it will be available by “no later than the beginning of June”

Chancellor outlines new coronavirus support measures for the self-employed The Chancellor Rishi Sunak today announced the next economic steps to help the self employed. 26 March 2020 (Transcript of the speech, exactly as it was delivered)   Good afternoon. Today I can announce the next step in the economic fight…