News

Car Finance Payment Holiday: FCA Asks Lenders For More Debt Solutions

Coronavirus is pushing the UK into a deep recession, as millions of jobs vanish, small businesses go bust and lots of self employed people are reduced to claiming for benefits as the lockdown continues. Furlough […]

News

Sole Traders Being Left to The Wolves Isn’t Fair, Says Counting Up

Countingup and nearly 250 accountancy firms have written to the Government to appeal for gaps in coronavirus support for small businesses to be bridged. Representing over 70,000 small businesses, the letter voices the concerns and […]

News

EU Approves State Aid Plan for French Credit Insurance Market

The European Commission has approved, under EU State aid rules, a €10 billion French guarantee scheme to support the domestic credit insurance market in the context of the coronavirus outbreak. Executive Vice-President Margrethe Vestager, in charge […]

Insurance claims

Corona Fraudsters Are Keeping Busy During Lockdown

The ABI is warning people to be on their guard against scammers looking to cash in on the financial hardship that Coronavirus is causing for many families and firms. Fraudsters could offer bogus insurance products […]

News

Corona: CountingUp Has a Handy Furlough Calculator for SMEs

Countingup, the number one banking and accounting app in the UK, has launched a free furlough calculator, to help small businesses impacted by coronavirus(Covid-19). This is in addition to a grant calculator which the company […]

Insurance Regulation

FCA Statement on Relaxing of Capital Funding Rules During Corona

The events surrounding the coronavirus (Covid-19) pandemic are unprecedented. The impact on people’s health and the health of companies in the real economy is significant and widespread. It is likely that many companies will turn […]

Insurance Regulation

Corona Update: FCA Issues Mortgage & Loan Payment Advice

The FCA has today published new guidance for mortgage lenders and administrators, and small business lenders. This supports the announcements made by the Chancellor earlier this week. Interim Chief Executive, Christopher Woolard said: ‘We want to […]