Posts tagged 'HMRC'

Covid-19: A guide to government help.

Coronavirus is all consuming right now. It’s consuming our businesses and the way we run our lives. Day-to-day we hear new advice as uncertainty looms and for businesses across the UK, including our own, could this be our darkest hour?  In response to the turbulent economic landscape, the BBC reported yesterday 19 March 2020 that the Governor of Bank of England, Andrew Bailey, took the decision to cut interests rates for a second time in just over a week, bringing them down to 0.1% from 0.25%. Interest rates are now at their lowest ever in the Bank’s 325-year history. This decision coincided with additional measures announced by Chancellor Rishi Sunak in the Budget to help businesses survive this crisis. Even today, 20 March, Rishi Sunak is to announce and employment and wage subsidy package to help protect millions of jobs.