COVID-19 developments this week

The Government’s Future Fund opened for applications on 20th May 2020.  This offers convertible loans of between £125,000 and £5 million to companies which can obtain match funding from the private sector. The Government has raised the maximum limit for a loan under the Coronavirus Large Business Interruption Loan scheme from £50 million to £200 million. The Coronavirus Statutory […]

Farming Recovery Fund for flood affected farms in East and North Yorkshire expected to open end of May

We expect the window for applications for the Farming Recovery Fund to open at the end of May.  This is for farms affected by flood damage from Storms Ciara and Dennis last February and only applies to specific areas including East and North Yorkshire but not Cumbria.  More information is at:  https://www.gov.uk/guidance/farming-recovery-fund-extension-2020

LOCAL AUTHORITY DISCRETIONARY GRANTS

We are still waiting for more details about how individual Local Authorities will award these discretionary grants and there is concern that those businesses that have claimed self-employment support may not qualify. If you have a diversified business but are not paying business rates, then contact your Local Authority to see whether you might qualify […]

“BOUNCE BACK” LOAN SCHEME

Bounce Back loans are from £2,000 up to a maximum of 25% of turnover, or £50,000.  These are 100% backed by the tax payer (rather than 80%) with the government paying the interest for the first 12 months and with no capital or interest repayments due for one year.  The loans are at 2.5% interest to […]

COVID-19 – HELP AND SUPPORT

Do you need help with information about support schemes, sourcing supplies, preparing contingency plans and finding emergency labour for your business?   See our Covid-19 Information & Support page and if you need help, please give us a call on 01768 868615.

Beetlemania – Tuesday 26th May at 7.30pm

The fourth  in a series of online chats on a Regenerative Grazing theme with Nic Renison and Liz Genever. Next Tuesday evening (26th May 7.30pm ), they will be talking to Dung Beetle experts Darren and Cerri Mann, www.britishscarabs.org and Irish Dairy Farmer Bruce Thompson who is a studying Dung Beetles for his Nuffield Scholarship. […]

FURLOUGH SCHEME EXTENDED UNTIL END OF OCTOBER

The Job Retention Scheme provides a grant covering 80% of the costs of furloughed workers.  This week the Government announced an extension to the scheme until the end of October with no changes until the end of July.  From August, employers will be asked to contribute towards the costs and with flexibility to allow furloughed […]