COVID-19

COVID-19 Updates

Please see below for relevant information to assist members with the current viral outbreak.

Businesses given flexibility to pay back loans

Businesses who took out a Bounce Back Loan will be given the option to repay their loan over a period of up to ten years through a new Pay as You Grow flexible repayment system. Interest-only periods of up to six months and payment holidays will also be available to businesses.

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COVID-19: Job support scheme

A new Job Support Scheme will be introduced from 1 November to protect viable jobs in businesses who are facing lower demand over the winter months due to coronavirus.

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