The government’s new NHS Track and Trace app is at the heart of its plans for tackling the coronavirus, lifting the lockdown and helping us all return to normal as soon as possible.
The Government needs to slash the costs of employing staff to help companies and their employees emerge from the Coronavirus crisis, according to business leaders in Coventry and Warwickshire.
For many businesses the financial packages offered by the UK Government, trying to keep the economy afloat during the coronavirus pandemic, will provide much needed support and respite.
Last Friday afternoon, the government amended the Coronavirus Act which has the effect of changing the notice periods required to be given to residential tenants. The changes came into force on Saturday 29th August 2020.
Many companies will have insurance to cover financial losses when their business is interrupted by an unforeseen event. This extends in some cases to illness; we set out below some areas for companies to consider as they grapple with the challenge of coronavirus.
It has become apparent that despite the Government introducing the Coronavirus Job Retention Scheme to ease the pressure many are currently facing as a result of Covid-19, this is no "silver bullet".
On 1st October 2021 a number of the temporary measures introduced by government to protect businesses from the financial effects of the coronavirus pandemic come to an end. These include the end of the furlough scheme and the removal of the temporary restrictions on the issue of winding up petitions.
As we await publication of the Corporate Insolvency and Governance Bill which is expected to include details of the new moratorium procedure and changes to wrongful trading provisions, in a surprise announcement on 23rd April 2020 the government confirmed that the Bill would also include further measures to protect commercial tenants from aggressive debt collection by landlords in respect of rent arrears which have accrued directly as a result of the coronavirus pandemic.
Coronavirus is causing untold difficulties and strain on the life of many businesses. As a result, boards of directors across the country are being asked many unexpected questions. Details of commercial contracts, employment and HR-related issues such as furlough, and the financing of a business are all high on the agenda.
The current economic climate is understandably taking its toll on many industries. While the coronavirus Job Retention Scheme has eased the pressure, many employers are facing as a result of Covid-19, this is only a temporary measure and businesses will undoubtedly continue to experience its effects for months to come.