CeeD – where ‘know how’ meets ‘can do’

    You are here

    • You are here:
    • Home > Government Covid-19 support helps drive down company failures

Government Covid-19 support helps drive down company failures

Millions of people across the UK were furloughed on 80% pay

The number of UK firms going bust tumbled by a third last month thanks to Government life-support measures but companies may face greater risks as the economy emerges from coronavirus, according to a report. The steep drop comes after the Government launched its mammoth job retention scheme that has seen millions of people furloughed on 80% pay, as well as a raft of loan and finance support schemes.

Follow the link for more information:

Media: