Leaving salaries or dividends in your company

Director/shareholders of small companies may be considering reducing their salaries and/or dividends during this uncertain period. Even if firms are managing to maintain profits or breakeven, prudence would suggest that until things improve we should do what ever we can to preserve cash reserves. Many directors have taken the sensible option to minimise their salaries […]

Problems as we emerge from lock-down

The precautions taken by government to contain the COVID-19 outbreak, commonly known as lock-down, have created varying problem for UK businesses. As we ease our way out of lock-down many of us will have further issues to confront. This post considers some of those issues. According to the Office for National Statistics, economic activity in […]

Ban on evictions extended by two months

Renters across England and Wales will receive greater protection after the government extended the suspension of new evictions until 23 August.   The Ministry of Housing published the following press release 5 June 2020: Millions of renters across England and Wales will receive greater protection after the government extended the suspension of new evictions until […]

Trade Credit Insurance update

Trade Credit Insurance provides cover to hundreds of thousands of business to business transactions, particularly in non-service sectors, such as manufacturing and construction. It covers suppliers selling goods against the company they are selling to, defaulting on payment and giving businesses the confidence to trade with one another. Due to Coronavirus and businesses struggling to […]