Business Loans

£6bn business loan package arrives this week

Successor to Recovery Loan Scheme will throw small business a lifeline in face of coming recession but will be less generous than before

Small Business Banking

Treasury small business loans could be permanent

Treasury in talks with banks about making Government-backed loans to SMEs to help them grow a permanent offer.

Sole trader

How to save up to £3,000 in tax being self-employed

Changes in the way the self-employed must report tax mean sole traders could face having to pay an additional £3,000 in tax. Becoming a limited company could reduce your tax bill, says Marcin Durlak

Government Grants

Sunak ignores small business pleas for more help to get through lockdown

Treasury points to £1bn worth of ad-hoc local authority grants still to be distributed, as pain starts to bite with furlough being wound down and business rates becoming payable

News

Half of small businesses will never repay Bounce Back Loans, warn banks

Bankers warn the Treasury to expect 40-50% of Bounce Back Loans to be written off, while RBS boss Howard Davies calls for bad debt sinkhole for loan defaults

News

What does the latest Treasury stimulus mean for small business?

News, reaction and analysis to chancellor Rishi Sunak's Treasury stimulus package to help small business survive the coronvirus storm over the coming months