Government Backed Loans and Furlough Scheme Extended
Further extensions were announced 17 December 2020 to the government backed loans and the furlough scheme.
Bounce back loan and CBILs (Coronavirus Business Interruption loan for larger businesses) were extended until 31 March 2021.
The bounce back loan can be topped up if you didn’t take the full amount originally. Some banks were showing long delays on applications so we recommend applying sooner rather than later.
Furlough Scheme extended to 30 April 2021, with subsidy of 80% for hours not worked due to Covid crisis.