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Following announcements from the Prime Minister, as of Thursday 5th November, England officially heads into another lockdown for 4 weeks. Naturally, many people are worried or concerned about what this will mean for their business. After all, it certainly isn’t business as usual, and many are struggling during this unprecedented time. To help, Clarke Bell…

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After its widely-criticised Coronavirus Business Interruption Loan Scheme, under which only a small number of businesses successfully secured funds, the government introduced Bounce Back Loans to help small to medium businesses struggling during the coronavirus pandemic. The Bounce Back Loan Scheme has been issued more than 1.26 million times across the UK, helping many businesses…

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As the covid-19 pandemic continues to threaten and damage businesses across the UK, the government has announced its Bounce Back Loan Scheme to help companies survive during these difficult times. This follows the widely-criticised Coronavirus Business Interruption Loan Scheme, under which only a fraction of businesses successfully managed to secure funding. The Bounce Back Loan…

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The construction sector has seen its steepest decline in regards to the number of people employed since 2010. Employment dropped by 83,000 in the second quarter of the year, from the start of April to the end of June, according to data from the Office for National Statistics (ONS). Hundreds of planned cuts The drop…

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Many industries have been hit hard during the COVID-19 pandemic, suffering a number of company failures, insolvencies and emergency re-financing. Now it appears that specialists in a range of sectors, including accountancy, investment banking and law, are preparing for a big wave of company insolvencies in the coming months. When the government-led furlough and loan…

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