Big businesses to reduce payment times to small suppliers
50,000 small firms close every year due to late payments.
Govt. reveals over 1.4m loans given to UK firms
The loans are part of the £280bn support package.
Small firms get COVID-19 insurance boost
Around £1.8bn is expected to be paid out in claims.
BCC calls for business rates relief extension
Govt. should ‘extend relief for the whole of 2021’.
£69.1m deferred through time-to-pay scheme
Over 25,000 taxpayers rush to spread payments.