Project Birch: Difference between revisions
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''Business continuity - pandemic - UK.'' | ''Business continuity - pandemic - UK.'' | ||
Project Birch | Project Birch was a temporary UK government plan announced in May 2020 to bail out strategically important UK companies facing financial difficulty due to COVID-19. | ||
The UK government | |||
The UK government: | |||
:'indicated that it is prepared to assist large companies "in exceptional circumstances" and as a "last resort" where an otherwise viable company has "exhausted all options" and its failure would "disproportionately harm the UK economy".' | :'indicated that it is prepared to assist large companies "in exceptional circumstances" and as a "last resort" where an otherwise viable company has "exhausted all options" and its failure would "disproportionately harm the UK economy".' | ||
Revision as of 16:02, 7 July 2022
Business continuity - pandemic - UK.
Project Birch was a temporary UK government plan announced in May 2020 to bail out strategically important UK companies facing financial difficulty due to COVID-19.
The UK government:
- 'indicated that it is prepared to assist large companies "in exceptional circumstances" and as a "last resort" where an otherwise viable company has "exhausted all options" and its failure would "disproportionately harm the UK economy".'
- DWF Law, Legal Insights, 29 May 2020
See also
- Bailout
- Bounce Back Loan Scheme
- Business continuity plan
- Coronavirus Business Interruption Loan Scheme
- Coronavirus Job Retention Scheme
- Coronavirus Large Business Interruption Loan Scheme
- Coronavirus crisis
- COVID-19
- COVID-19 Corporate Financing Facility
- Liquidity management
- State aid
