- Updated on 7 April
The impact of COVID-19/coronavirus on the health and wellbeing of the UK’s population and economy is already being felt, with the situation likely to continue for weeks and months to come.
It is important to remember that there is support available for businesses and individuals who are experiencing financial difficulty as a result of the disruption. In this post, we’ll be collating links to where you can access business support schemes or sources of advice for individuals.
We have also collated advice for directors on steps they can take to safeguard their businesses – read more here.
Support, advice and help are available, from the Government, from the insolvency and restructuring profession, from professional and trade associations, and from charities. The most important first step is to seek professional advice if you need it.
If you are worried about your or your business’s financial situation, you can seek advice from an insolvency practitioner or a restructuring expert. R3’s “Find a member” can help put you in touch with a qualified, professional source of advice near you. Just enter the name of your town, and hit “search”.
The lists below are divided into “general“, “business“, and “individual” categories. Members of the insolvency and restructuring profession should see this list of advice, information and resources.
- COVID-19/Coronavirus: Advice for businesses
- COVID-19/Coronavirus: Personal finance and insolvency
- COVID-19/Coronavirus: Information for insolvency and restructuring professionals
- R3 and Coronavirus: Events update
NHS 111: Health advice
UK Government:
- Coronavirus (COVID-19): what you need to do
- Guidance for schools, childcare providers, colleges and local authorities in England
- Travel advice
- Full guidance on staying at home and away from others
Scottish Government: Advice hub
UK Government:
- Support for businesses
- Guidance for employers and businesses on coronavirus (COVID-19)
- Claim for your employees’ wages through the Coronavirus Job Retention Scheme
- Business support and finance hub
- Social distancing in the workplace during coronavirus (COVID-19): sector guidance
- Ban on evictions for commercial tenants who miss rent payments
- Guidance: Further businesses and premises to close (PDF)
Guidance from Public Health England/BEIS for employees, employers, and businesses
Scottish Government: Funding sources to support businesses in Scotland facing coronavirus
HMRC: Tax helpline
British Business Bank:
- Coronavirus business interruption loan scheme
- British Business Bank and ICAEW: The Business Finance Guide
Financial Reporting Council:
- FRC guidance for companies and auditors during Covid-19 crisis
- AGMs and impact of Covid-19 guidance note
Financial Conduct Authority: Delaying annual company accounts during the coronavirus crisis
HM Treasury, Bank of England: Covid Corporate Financing Facility
UK Finance: COVID-19 minisite
Business Debtline: Help for sole traders and businesses
Association of British Insurers: Insurance coverage Q&A
CBI: Coronavirus hub
Institute of Directors: Coronavirus support hub
Federation of Small Businesses: Advice and guidance for small businesses and the self-employed
UK Government:
Department for Work and Pensions: Coronavirus support for employees, benefit claimants and businesses
Accountant in Bankruptcy (Scotland): Debt Arrangement Scheme – Information for DAS clients
Turn2us: Support page
StepChange: Coronavirus page
National Debtline: Coronavirus help and support
Money Advice Service:
- Coronavirus information
- Coronavirus gwybodaeth [Welsh/Cymraeg]
- Coronavirus – what it means for you and what you’re entitled to
- Coronavirus and your money
Money Advice Scotland: Coronavirus: dealing with debt and money worries
Surviving Economic Abuse: Economic abuse and the COVID-19 outbreak
