Project Birch: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: ACT blog & dwflegal webpage https://www.dwf.law/en/Legal-Insights/2020/May/Project-Birch) |
imported>Doug Williamson (Mend link.) |
||
| Line 10: | Line 10: | ||
==See also== | ==See also== | ||
*[[ | *[[Bailout]] | ||
*[[Bounce Back Loan Scheme]] | *[[Bounce Back Loan Scheme]] | ||
*[[Business continuity plan]] | *[[Business continuity plan]] | ||
Revision as of 09:26, 6 June 2020
Business continuity - pandemic - UK.
Project Birch is a UK government plan announced in May 2020 to bail out strategically important UK companies facing financial difficulty due to COVID-19.
The UK government has:
- '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
