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Building Legacies Covid-19 Briefing – 27/05/2020

This Bulletin includes information on: Extensions to Mortgage Holidays CJRS Furlough Scheme Changes Part-Time Workers’ Rights EXTENSION TO MORTGAGE HOLIDAYS The Financial Conduct Authority (FCA) has announced proposals which will continue support for customers who are struggling to pay their mortgage due to Coronavirus crisis. The proposal outlines the options Lenders will be required to…
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The Government has announced it will allow a phased re-opening of shops and retail premises, which is planned to start in June. It has issued new guidance for people who work in or run shops, branches, stores or similar environments. Here are two helpful links: Working safely during coronavirus (COVID-19) in shops and branchesFull PDF…
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ELBA Toolkit Session: Financial Support For Charities and Social Enterprise

ELBA one of our key partners and funders is delivering this digital toolkit session to provide you with a chance to learn about government funded support for charities and social enterprises.If you work within these sectors or know somebody who does, this is a very informative session not to be missed.

Newham Community Wealth Building Business Bulletin

Issue 3 of the Community Wealth Building Business Bulletin, is out from Newham Council, one of our Building Legacies programme borough partners. This issue features the results so far of their business survey, an update on government support grants and details of new schemes. Most importantly, it features the voices of business in Newham.

Business opportunities for women-owned suppliers across Europe

WEConnect International is a corporate-led non-profit and their goal is to connect more majority women owned businesses into the corporate supply chain. Their corporate members represent $1 trillion in annual purchasing power and are true pioneers in inclusive sourcing and more information can be found on their website: http://weconnectinternational.org/. WEConnect International currently has the following…
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Voluntary, Community or Social Enterprise (VCSE) Organisation? Check Out These Financial Support Options!

In this Bulletin we cover the Government’s financial support options for voluntary, community and social enterprise (VCSE) organisations. The Government has pledged £750 million to ensure VCSE organisations can continue their vital work during the Coronavirus crisis, including £200m for the Coronavirus Community Support Fund, along with an additional £150 million from dormant bank and…
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Transport For London Briefing For Businesses

Following the Government’s recent announcement of a roadmap to easing existing lockdown measures, TFL are working to safely and gradually build up service levels to where they were before the coronavirus pandemic. This TFL toolkit sets out their latest travel advice for businesses, as well as sharing some tips for planning to return to work…
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Business Interruption Insurance Update

Last week we told you that the Financial Conduct Authority (FCA) was considering what measures it should take to help businesses that had tried unsuccessfully to claim on their Business Interruption (BI) insurance policies. The Coronavirus pandemic and the Government controls imposed as a result are causing a substantial level of loss and distress for…
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Coronavirus Statutory Sick Pay Rebate Scheme

This scheme will allow SME employers, with fewer than 250 employees, to apply to HMRC to recover the costs of paying Coronavirus-related SSP. Employers will be able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26 May. This new online service is designed for small and medium-sized employers to recover Statutory…
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In today’s Bulletin we cover, the Coronavirus Future Fund, Coronavirus Grant Funding for SME’s via Local Authorities and clarification on Directors’ Remuneration & Share Dividends. The Coronavirus Future Fund (CFF) This new CFF scheme will issue convertible loans of between £125,000 and £5 million to innovative and creative sector companies which are facing financing difficulties…
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