Around March 2020 the Coronavirus arrived in the UK and caused severe problems for all businesses. The government had to protect the economy and provide additional tools for the inevitable stains on cash flow. The Corporate Insolvency and Governance Act 2020 (CIGA 2020) received Royal Assent on 25 June 2020 and introduced temporary measures to protect companies […]
This article should be read if you have taken out a Government Guaranteed loan or received furlough payments. Our advice is “Be Prepared” Back in April 2020 everything started to change. The government threw huge sums of money at the pandemic and we all became acquainted with words like furlough and bounce back and acronyms CJRS, CBILS,[…]
Company Voluntary Arrangements (CVA’s) in the retail and leisure sectors continue to make the news as the high street adjusts to Covid-19 and changes in consumer behaviour. Voluntary arrangements can be very flexible, allow existing management to remain in control and offer shareholders the prospect of real value once the CVA is completed. Over the last few[…]
