Covid threatening 6 million firms and 16 million jobs

Covid threatening 6 million firms and 16 million jobs

A new report claims the pandemic has put 6 million UK small businesses in a ‘financially precarious position’. The study, by King’s College business school in London, warns nearly two thirds of Britain’s entrepreneurs fear their businesses might not survive the economic effects of the virus lockdowns with more than half predicting they would run …

More help on credit for struggling families

More help on credit for struggling families

Action by Britain’s financial watchdog means thousands of struggling families across the country can still apply for new payment holidays on a range of credit agreements when their current deal ends. The Financial Conduct Authority (FCA) has told lenders they will still have to defer or suspend payments or even cancel interest charges for those …