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Lockdown 2 Update (Kind Of)

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As promised we thought we would get another newsletter out following the weekend’s announcement.

There are a lot of rumours circulating though including uplifts in the claims that can be made by the self-employed, proposed extension of applications for the bounce back loans and CBILs loans to 31 January 2021 AND also allegedly a second opportunity to go and get an uplift in any bounce back loans you had previously accessed if you never utilised your full allocation first time round.

There is so much information circulating online at the minute and a lot in the small print that has either been missed or yet to be finalised.

We will provide you all with a more comprehensive and clearer update once everything has been signed off in Parliament which none of it has yet but this may not come until the end of this week or early next hence us providing this update now and hopefully some positive news in the pipeline for some extra support.

As ever we as a team are here for you and if you want to reach out and chat please feel free to call your client account manager.