Articles Tagged ‘Income support’

CORONAVIRUS: Self-employed Income Support Grants - ALSO EXTENDED!

RWB_Blog_Self-employed_Income_Support_Grants _Also_Extended

It's good news for those making claims under the Self-Employed Income Support Scheme as it's now been extended for a further 3 months as of the 1st June 2020! Do you think you could be eligible for the funding? Read on to find out the latest updates for the scheme...

Quantitative Easing and Government support for SMEs

RWB_Blog_Quantitative_Easing_And_Government_Support_For_SMEs

When times are hard for the economy, the Bank of England will usually lower interest rates to encourage people to spend their money rather than save it. If interest rates are low, they won't get such a good return on savings and it also makes borrowing money more affordable. Purchasing boosts the economy by keeping businesses open and people in jobs. As the interest rate is already only just above zero, the Bank of England cannot lower it any further without negative interest rates. So a process called Quantitative Easing is used instead. Read on to find out more... 

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