To stem the spread of Covid-19, it is essential that everyone distances themselves from each other – keeping at least 2 meters apart – and follows the Government’s strict instructions to remain at home for a period of at least 3 weeks from Monday 23rd March. This will not only help to stem the spread of the disease but also ease the pressure on NHS resources.
You will be able to take an hour’s exercise each day and leave the confines of your home only to collect essential supplies. The exception currently is for Key Workers and those workers not able to carry out their work at home. In this case, strict criteria must be adhered to, as outlined by Prime Minister Boris Johnson HERE.
Further information is available by following the useful links on the bottom of this post or by accessing the links HERE These links will be updated daily.
As more people are working remotely, often in isolation, employers need to be mindful of their teams’ general health & wellbeing. The British Safety Council have made available Free resources to help employers and employees to help protect workforces from the risks associated with coronavirus. These courses are free until 12 April.
The Government has taken steps to ensure that most businesses can survive this period of unprecedented disruption to the economy by introducing:
This became live from Monday 23rd March 2020 and is open for applications through the British Business Bank’s accredited lenders (list here). It is requested that due to the high number of applications expected, these should be made electronically through the lender’s website in the first instance
A summary of the key features are below, further details can be found HERE
It is open to UK-based SME’s with turnover up to £45m. We would request that if you are approaching a lender in respect of the above support, please keep us informed so we can understand how the scheme is progressing from the frontline.
A staff retention scheme for employers, whether businesses or charities. HMRC will cover 80% of furloughed workers wage costs, up to a cap of £2,500 per month. This is initially for a three-month period (i.e. until May). Businesses will have to designate which employees they wish to furlough (if not done already) and advise the employees before they can apply via the HMRC for the grants. HMRC has yet to clarify how the grant process will work but it is expected to be an online portal for submission. Further information will be made available on this soon. As the situation with designating workers as ‘furloughed’ is new and rather unclear at this stage, it is worth flagging that any employment law implications will need to be considered when taking these steps, hopefully this will become clearer when further guidance is announced. Find out more HERE
Small and medium sized businesses (fewer than 250 employees) will be able to reclaim SSP paid for sickness due to COVID-19 for up to 2 weeks sick pay per employee – read more HERE
Eligibility is as follows:
Further information can be found here and the HMRC COVID-19 Helpline number is 0800 015 9559. We understand that HMRC have been quite accommodating to businesses that have applied since this was announced so worth a call if this is required to alleviate cash pressures as part of the package of measures.
This support should be applied automatically but VAT Repayments will still be processed and VAT Returns should still be submitted.
Full details can be found here – https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Cash grants of £10,000 (rateable value of up to £15,000) and £25,000 (rateable value of between £15,001 and £51,000) are being administered by the Local Authorities so no application is required. Guidance on the scheme is being issued to the Local Authorities. Stockport Council has a section on its website where businesses qualifying for SBRR can upload their company VAT and Bank Account details: Stockport Council Grant scheme: https://www.stockport.gov.uk/business-rates-support-measures
The Government’s new website for all support measures
Download the PDF here
Government – Business Support: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19
Government – Financial Support:
Government – Business Support:
Bank of England – Financial Support:
Stockport Council Grant scheme:
Gov.uk: Maintaining Educational Provision:
UK Lockdown – Further businesses to close and exceptions:
Business Growth Hub:
Food & Drink – advice and guidance:
Health – Updates from NHS
Health – Shielding the most vulnerable
Recruitment: DWP and Universal Credit
Retail: An update form British Retail Consortium https://brc.org.uk/news/corporate-affairs/coronavirus-latest-retailer-activity/
Retail: Ocado update to all customers
Customers will be limited to one delivery per 7 day period, and some large items won’t be available to maximise the number of deliveries each van can make. They are still not accepting new customers.
Useful information for the Self-Employed: