Many businesses will have insurance to pay losses when their business is interrupted by an unforeseen event. This extends in some cases to illness and we set out below some areas for businesses to consider as they grapple with the current unprecedented challenge of coronavirus.

The Chancellor has announced a raft of measures to support business large and small through the coronavirus outbreak. Undoubtedly the government will monitor the impact of its support package closely and we anticipate that more changes will filter through as it starts to take effect.

The outbreak of the Coronavirus has caused a serious and evolving health crisis which will continue to present significant challenges to our everyday lives.

The World Health Organisation has recognised Coronavirus (COVID-19) as a public health emergency of international concern which has caused the UK real estate market to take a hit.

As the Coronavirus crisis forces businesses to adapt, reports are filtering through of a number making a series of easily avoidable mistakes either in pursuit of their bottom line; an effort to capitalise on a sales opportunity; or by simple carelessness.

Whilst most businesses are understandably husbanding every penny and looking to cut costs to survive the coronavirus crisis, you must be strategic about your survival tactics. If not, you may find that your actions mean that you have no business left after the crisis has abated.

Nick Abell, Chairman of Wright Hassall and Coventry and Warwickshire Local Enterprise Partnership discusses the impact of coronavirus and opportunities for businesses in Coventry and Warwickshire.

As if we needed proof that bad news travels faster than good, we hear more and more reports of bad message management which is causing reputational harm to a number of organisations during the coronavirus crisis.

Requests from commercial tenants for rental holidays in the light of a drop in business caused by the coronavirus pandemic have become commonplace. Analysis indicates that overall rent collection for the March quarter fell by over 25% in the UK.

The Government has announced extra protection for businesses by placing a moratorium on commercial landlords’ sanctions for at least three months so that those who cannot pay their rent because of cashflow difficulties related to the coronavirus will be protected from eviction.