Stranded middle: Difference between revisions
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''Business continuity - COVID-19 - UK.'' | ''Business continuity - COVID-19 - UK.'' | ||
"Stranded middle" UK businesses are those supported by | "Stranded middle" UK businesses are those '''not''' supported by either of: | ||
*The Coronavirus Business Interruption Loan Scheme (CBILS) or | |||
*The Coronavirus Corporate Financing Facility (CCFF). | |||
For example: | For example: | ||
*Turnover exceeds the £45m maximum for the CBILS; but | *Turnover exceeds the £45m maximum for the CBILS; but | ||
*Not sufficiently creditworthy to be able to access the CCFF. | *Not sufficiently creditworthy to be able to access the CCFF. | ||
The UK's Coronavirus Large Business Interruption Loan Scheme is designed to address these otherwise "stranded middle" businesses. | |||
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*[[Coronavirus]] | *[[Coronavirus]] | ||
*[[Coronavirus Business Interruption Loan Scheme]] | *[[Coronavirus Business Interruption Loan Scheme]] | ||
*[[Coronavirus Large Business Interruption Loan Scheme]] | |||
*[[Coronavirus Job Retention Scheme]] | *[[Coronavirus Job Retention Scheme]] | ||
*[[COVID-19]] | *[[COVID-19]] | ||
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[https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses] | [https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
Latest revision as of 12:37, 28 December 2022
Business continuity - COVID-19 - UK.
"Stranded middle" UK businesses are those not supported by either of:
- The Coronavirus Business Interruption Loan Scheme (CBILS) or
- The Coronavirus Corporate Financing Facility (CCFF).
For example:
- Turnover exceeds the £45m maximum for the CBILS; but
- Not sufficiently creditworthy to be able to access the CCFF.
The UK's Coronavirus Large Business Interruption Loan Scheme is designed to address these otherwise "stranded middle" businesses.
See also
- Bank of England
- Business continuity plan
- Contingency plan
- Coronavirus
- Coronavirus Business Interruption Loan Scheme
- Coronavirus Large Business Interruption Loan Scheme
- Coronavirus Job Retention Scheme
- COVID-19
- COVID-19 Corporate Financing Facility
- Creditworthiness
- Disaster recovery planning
- Financial stability
- Liquidity management
