SMALL BUSINESS SUPPORT UPDATE

The latest version of the support package for small businesses has been revealed;

Essentially the banks have been instructed not to ask for personal guarantees on loans of up to £250,000 on the Business Interruption Loan Scheme.

For full details go to : https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19

Other aspects have also been fine tuned as the situation develops.