As the coronavirus (Covid-19) continues to develop, smaller firms are struggling to take advantage of the Business Interruption Loan Scheme due to accredited lenders failing to approve the growing number of applications.
The Department for Education (DfE) released updated guidance for school governance on 25 March 2020 in order to reiterate the key messages recently published around Coronavirus (Covid-19) school closures and governance issues.
On Saturday 28 March 2020, the Business Secretary, Alok Sharma, announced two measures to help charities during the coronavirus (COVID-19) outbreak. Both measures are primarily relevant to charitable companies.
Alongside supporting staff, transitioning to remote working where possible and weathering the financial impacts of the coronavirus, charity leaders also need to consider the impact on charity governance arrangements.
You may be an employee who holds share options or you may be an employer who has granted share options to employees. Either way, dependent on how your share scheme rules are drafted, the current coronavirus (COVID-19) crisis may have an impact on you.
In its summary on Monday 30 March of the government's programmes to support the economy, the Financial Times reported criticisms of the narrow scope of the Covid Corporate Financing Facility ("CCFF") which are not entirely merited.