New law to resolve Covid rent debt

The Government has set up an arbitration system to help resolve outstanding commercial rent debt. This is following the general moratorium on commercial eviction ending. From 25 March, a legally binding arbitration process is available. This is in place for eligible landlords and tenants who have not yet reached an agreement. The Government hopes this[…]

Starting a new business after COVID-19

New businesses can still grow and flourish. Not much can stop determined entrepreneurs from building a new business from the ground up. Even during such challenging times as a COVID-19 or its ensuing fallout budding business owners are succeeding. The pandemic has proven a huge challenge for businesses. 396,155 UK firms closed in 2020 according to[…]

The economic damage of COVID-19

Had everything gone to plan this year, the Chancellor would have been delivering his Autumn Budget speech. Instead, Rishi Sunak declared an “economic emergency” alongside a slimmed down spending plan to see him through until spring. Nobody in government would privately claim there is any way to avoid tax rises at some point, but the[…]

Winter Economy Plan

The Chancellor has scrapped his Autumn Budget, but this afternoon he set out a series of measures to help businesses over the next six months. All the measures are welcome, and below you can see more detail (taken from the Government website). In summary Rishi Sunak announced the following A new Job Support Scheme where[…]