Coronavirus: Where the state wants control over airlines The worst in the pack? Of the government-owned airlines, the Gulf carriers Emirates, Etihad and Qatar have often raised eyebrows among rivals in many parts of the world. The latter have said the airlines in question aren't really playing fair, saying their business model is to crowd out competing airlines at any (state) cost. Before the pandemic, the three carriers had grown disproportionately for years. … [Read more...] about Opinion: Lufthansa bailout shows Germany has learned nothing from the pandemic
Do you have to pay back subsidized loans
Professor Peter Horby, chairman of the New and Emerging Respiratory Virus Threats Advisory Group (NERVTAG) and a member of the Scientific Advisory Group for Emergencies (SAGE), said: "We really can't go back to a situation where we've got the numbers of cases and deaths we've had in the past," he told BBC Radio, adding that a test, trace and isolate system needed to be operational as without it a "risk" is posed. … [Read more...] about Coronavirus latest: Angela Merkel says Germany has ‘passed’ COVID-19 test so far
'It is thanks to the caution we have shown so far that all five tests are being met. That is not my achievement or the government's achievement - it is your achievement, only possible thanks to your resolve and dedication to our national purpose to overcome this virus.' … [Read more...] about Boris Johnson sparks confusion as No10 admits coronavirus threat level has NOT been reduced – as WHO expert warns UK needs to remain on ‘constant defence’ because disease has ‘not gone away’
But tapering needs to be accompanied by an opening-up, he says. He hopes his businesses will have been able to reopen by the time he has to contribute more: employers are expected to start contributing from August. “Somewhere along the line he has to let us open up and hopefully we will get a chance to get a bit of trade back in.” … [Read more...] about Venues in crisis: ‘We couldn’t survive if we opened 10 nights a week’
Income-tax deferrals: Self-assessment income tax payments, that were due in July, can be deferred to the end of January next year. Rent support: Businesses who are struggling to pay their rents are protected from eviction until the end of June. Coronavirus business interruption loan scheme: SMEs can get loans and overdrafts of up to £5million for up to six years and the government will guarantee up to 80 per of these. Grants of up to £10,000: Small firms can get grants of up to £10,000 to help with ongoing business costs. VAT payments: VAT payments can be deferred for three months. Tax bill help: SMEs that cannot afford their tax bills can ask HMRC for a “time to pay” arrangement so any debt collection is suspended. Business rates holiday: A 12-month business rates holiday has been introduced for many businesses. Most read in Money … [Read more...] about Is the self-employed government grant scheme going to get extended like furlough to October?