UK to change insolvency rules to protect businesses
The UK government has announced new insolvency measures to prevent businesses unable to meet debts due to the impact of coronavirus from being forced to file for bankruptcy. The wrongful trading law would has been suspended to protect directors during the pandemic. The move will allow directors of companies to pay staff and suppliers even […]
Read MoreWater companies step up action to help customers in need during Coronavirus crisis
Water companies in England and Wales have stepped up efforts to help customers who have lost their jobs or had their incomes cut during the coronavirus crisis. The companies are encouraging households suffering from immediate or short-term issues with paying their bills to get in contact so that they can receive help. All water companies […]
Read MoreCIVEA confirms suspension of enforcement action
In response to speculation that enforcement activity will continue during the COVID-19 crisis, CIVEA has written to Ministers as Russell Hamblin-Boone, chief executive of the Civil Enforcement Association, explains: “We have worked closely with the Ministry of Justice to ensure that people are protected during the coronavirus crisis. Despite the false information circulated by debt […]
Read MoreCOVID-19 update: Self-employed income support scheme launched
Millions of self-employed individuals will receive direct cash grants though a ground-breaking UK-wide scheme to help them during the coronavirus outbreak, the Chancellor has announced. In the latest step to protect individuals and businesses, Rishi Sunak has set out plans that will see the self-employed receive up to £2,500 per month in grants for at […]
Read MoreMALG launches new virtual Members ‘Friday Forum’ to facilitate ‘working together to improve the lives of people in debt’ during Coronavirus outbreak
The Money Advice Liaison Group (MALG), the UK membership forum that brings together organisations from across the debt advice and related sectors to ‘work together to improve the lives of people in debt’, is launching a new virtual Members ‘Friday Forum’ to provide support and promote joint action during the Coronavirus outbreak. The weekly video […]
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