Tag: Small

Small firms thrown lifeline in insurance test case ruling

Image copyright Getty Images Small businesses have been thrown a lifeline after the High Court ruled some insurers should have paid out for losses caused by lockdown. Judges ruled that the disease clauses in some business interruption policies should have meant they were covered. Following lockdown, a host of businesses had to close their doors and many looked to insurers… Read more →

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Brexit: Covid debt leaves small business ‘vulnerable’ to no deal

Image copyright Getty Images Businesses in Wales face challenges preparing for a potential no-deal Brexit because of debt taken on to deal with coronavirus, according to leaders. Nine out of 10 members report cashflow problems over the pandemic, says the Federation of Small Businesses Wales. It comes as tensions in the trade talks between the UK and the EU increased… Read more →

Coronavirus: Small firms to lose out on Kickstart scheme, says Plaid

Image copyright Getty Images Image caption Large firms including Tesco have confirmed they plan to take part in Kickstart Small firms will “yet again lose out” under a UK government scheme to create work placements for unemployed young people, a Plaid Cymru MP has said. Hywel Williams said firms should not be made to make “joint claims” unless they are… Read more →

Signs of optimism among Scottish small businesses

Image copyright Getty Images Image caption Small businesses have been able to reopen after being closed due to the coronavirus pandemic Scotland’s small business community has regained some confidence following a “complete collapse” in optimism earlier this year, according to new research. The Federation of Small Businesses (FSB) said its survey showed an improvement in this year’s second quarter (Q2)… Read more →

Coronavirus: Social distancing grant needed for small firms

Image copyright Getty Images Image caption The Welsh Government said it was doing all it could to support businesses Small businesses need government cash to help staff to socially distance during the pandemic, an employers’ group has said. By law, companies in Wales must make sure staff can follow the two-metre rule during the restrictions. But the Federation of Small… Read more →