Copy of the senedd transcript discussing the post firebreak guidance – see sections 129 and 130 onwards for some guidance prior to the hospitality document being published. https://record.assembly.wales/Plenary/6616
The support to the self-employed 8 is increasing from 40% of trading profits to 80% for November. SEISS is calculated over 3 months so this increases the total grant from 40% to 55% of trading profits for November to January and the max grant increases to £5,160. Grants will also be paid faster than previously planned – with the claims window opening at the end of November rather than the middle of December. The increase means £4.5bn of support for the self-employed between November and January. Read more: https://www.gov.uk/government/news/government-increases-support-for-self-employed-across-the-uk
The four temporary loan schemes that were designed to support UK businesses that are losing revenue and seeing their cashflow disrupted as a result of the COVID-19 outbreak close on 30 November 2020 for new applications. Coronavirus Business Interruption Loan Scheme (CBILS)Coronavirus Large Business Interruption Loan Scheme (CLBILS)Bounce Back Loan Scheme (BBLS)Future Fund For further information please visit the British Business Bank website: Coronavirus Business Interruption Loan Schemes and Future Fund