The return of Crown Preference – and why this is bad news for both lenders and borrowers. Back in the Autumn Budget of 2018 the government announced its intention to reinstate the preferential status of HMRC. It estimated that this … Read More
Dear Members, It looks as if the “Undertaking in Difficulty” rules are being relaxed Please find Update below from Sharon Cook <sharoncook@choicebusinessloans.co.uk> We are still in the middle of CBILS and BBLs, with more lenders joining the party. We … Read More
Dear Members,Please see below. Corporate Insolvency and Governance Bill now law. On 25 June 2020 the Bill received royal assent and became the Corporate Insolvency and Governance Act 2020. The Act has introduced new corporate restructuring tools to help … Read More
Dear Members, We are very pleased to welcome Anthony Caldwell and his team at Vita, to the Chamber. Anthony says that “Good financial planning can change your life”. He has a reputation for delivering just that. He’s also a very … Read More
Dear Members, This Government backed export insurance, is a really useful thing. It makes sure you get paid. The team there also know what they are talking about, which is refreshing. CLICK HERE To register for the event
Dear Members, I have just come off a Webinar “The Pub” hosted by Tom Pickering, and though it was worth sharing my takeouts. It’s a mess. In UK & US 25% taken out of the economy. 10 million jobs being … Read More
Dear Members, As we start to come out the other side of C19 (Let’s Hope) there are some salutary lessons. It could happen Again – This Winter We need to Help Each Other – Together – to Manage downside risk, … Read More
Dear Members, The Bank of England released its figures today. They don’t look good. Their perspective is, as you might expect, a banking one. In summary they say, It’s a real mess. But assuming we can get people back to … Read More
Dear Members, In case there are any doubts left as to how serious this is, we are about to hit the buffers. As John Redwood said last night ” This is not sustainable” Our public sector is finding out (You … Read More
Dear Members It seems landlords have been getting round government attempts to protect tenants.These loopholes have just been catered for. The note below from Chamber Ambassador Alan Clark from Carter Clark explains Dear Nick Last month, on 24 March 2020, the … Read More