An overview of the Government initiatives to support businesses through the coronavirus pandemic.
A Backbench Business debate, sponsored by Owen Thompson MP and Liz Saville Roberts MP, on the Coronavirus Business Interruption Loans Scheme has been scheduled for Thursday 5 November 2020.
The Coronavirus Business Interruption Loan Scheme (CBILS) was launched on 23 March 2020 and is overseen by the British Business Bank. It offers loans of up to £5 million for businesses with a turnover under £45 million. The loans are 80% backed by the Government. CBILS will remain open for applications until 31 January 2021. The scheme has been complemented by the Bounce Back Loans Scheme (BBLS) for smaller loans and the Coronavirus Larger Business Interruptions Loan Scheme (CLBILS).
1)House of Commons Library Papers [see also Covid-19 Library Hub]
Coronavirus: business loans schemes, 3 November 2020
Coronavirus business support schemes: statistics, 27 October 2020
– the excel file attached to this briefing includes details of the loans by parliamentary constituency
Coronavirus:support for businesses , 5 October 2020
Coronavirus: Support for workers during local lockdowns, 15 October 2020
2) Select committees
Northern Ireland Coronavirus updates: Support for your business
[Bruegel dataset, 26 October 2020]
USA Larger Businesses and Covid-19: Financial Relief and Assistance Resources, CRS,29 October 2020
Small Businesses and Covid-19:Financial Relief and Assistance Resources, CRS,5 October 2020
There will be a Westminster Hall debate on access to and acceptance of cash during and beyond the Covid-19 pandemic on Thursday 3 December at 1:30 pm.
This House of Commons Library briefing paper outlines the measures taken in England to support rough sleepers, and those at risk of rough sleeping, during the coronavirus (Covid-19) outbreak. It discusses the impact of these measures and stakeholder comment.