Business closures and restrictions

Measures to fight coronavirus place restrictions on businesses and services To slow the spread of coronavirus (COVID-19), the Northern Ireland Executive has introduced measures which place restrictions on how businesses operate and which mean that some must close to customers on-site. The relevant authorities, including the police, have been given the powers to enforce the measures – including through fines…

Future Fund for innovative businesses

Convertible loans for innovative companies impacted by coronavirus The government has announced a new scheme to issue convertible loans to innovative companies which are facing financing difficulties due to the coronavirus outbreak. The Future Fund scheme will issue loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private…