Situation Report
22 March 2020
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.
This includes a package of measures to support businesses including:
- a Coronavirus Job Retention Scheme
- deferring VAT and Income Tax payments
- a Statutory Sick Pay relief package for SMEs
- a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
- small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
- grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
- the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
- a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
- the HMRC Time To Pay Scheme
NHS number of confirmed cases in the UK
As of 9am on 22 March 2020, 78,340 people have been tested in the UK, of which 72,657 were confirmed negative and 5,683 were confirmed positive. The number of deaths will be updated later.
FULL DETAILS ON CORONAVIRUS HEALTH AND ADVICE HERE
HMRC Covid-19_fact_sheet_18_March
Facebook Pledge $100 Million Dollars to Small Business es Impacted By Coronavirus.
Here’s the link to the Facebook Business Hub.
20 March 2020
The Latest from the World Health Organisation.
