An overview of how business interruption insurance policies have been interpreted in the context of the coronavirus pandemic.
Documents to download
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The demise of the cheque? (512 KB, PDF)
Cheques are an old and familiar form of payment, although their usage has dramatically declined in recent years. This note sets out the decision of the Payments Council (who set the strategy for UK payment systems) to set a date of 31 October 2018 to end universal cheque clearing, and so effectively end cheque-usage in the UK; the reaction to that decision and the subsequent reversal of it. On 12 July 2011, however, having received considerable evidence of the enduring popularity of cheques with some groups the Payments Council announced that it was ending its search for a replacement for cheques and therefore they would continue to be part for the payments system for the foreseeable future.
In January 2014 the government announced consideration of the idea of using smartphones camera functions to play a key role in cheque clearing.
Documents to download
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The demise of the cheque? (512 KB, PDF)
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The European Investment Bank lends to projects that contribute to growth and employment within Europe. This briefing gives a short overview of the Bank's membership and operation, and its future relationship with the UK.
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There is growing concern that the debt collection practices of public sector bodies have fallen behind the standard of regulated creditors in the private sector. Practices have often been criticised as being unfair to the debtor and inefficient, possibly resulting in higher long-term costs to the taxpayer. The impact of the coronavirus pandemic on debts owed to public bodies is not yet known, but it is likely to have led to further indebtedness.
