UK business survey finds firms struggling to access emergency cash

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British Chambers of Commerce reports firms at a ‘cliff edge’ as cash runs out with with only 1% getting government funds

More businesses in the UK are laying off staff as they start to run out of cash and struggle to get access to emergency coronavirus financial support from the government, a leading employers’ organisations has said.

 

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Self employed get nothing if they have assets of £16000.even though those assets cant be cashed..left with no income ..soon no job.

CBIL applications are taking a couple of weeks to be sanctioned and then facility letters and debentures need sorting. The 10k council grants and Job Retention Scheme money are unlikely to arrive in April.

Major typo on your live updates: 'Official global death toll passes 80,000. According to researchers at Johns Hopkins University, at least 1,414,738 people have now died worldwide, while at least 1,381,014 have been infected.' 13 min ago

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