Coronavirus: Finance and Business
Coronavirus is going to impact on businesses – including care services. Access the latest information and guidance, including how commissioners can support care providers to manage pressures.
On 19 March 2020 the government made available £1.6bn to local government to contribute to additional costs associated with the coronavirus pandemic. Adult social care providers expressed some concerns very publicly that the funding was not reaching them. As a result, ADASS undertook a rapid survey of its members to ascertain their responses to supporting providers with additional funding and cash flow issues. ADASS has published the results.
A briefing note for care providers to help them to consider potential issues regarding risk, insurance, liabilities and indemnity. Note: this is not legal advice or formal guidance.
This document describes the progress the UK has made to date in tackling the coronavirus (COVID-19) outbreak, and sets out the plans for moving to the next phase of its response to the virus. It includes sections on: NHS and care capacity and operating model; protecting care homes and smarter shielding of the most vulnerable.
NVCO guidance on how to prepare for the potential impacts of coronavirus on charity's or voluntary organisation's operations and finances.
Charity trustees are grappling with difficult decisions at the moment. NCVO has gathered together some key resources to help your board.
Press release from HM Treasury. The funding has included more than £6 billion to support our health services, free up hospital beds and deliver urgent priorities including acquiring ventilators, diagnostic tests and protective equipment for NHS staff. HM Treasury support will also enable home delivery of medicines to the most vulnerable people in the country, and it has helped support medical and nursing students and retired doctors and nurses to join the front line.
CPA members’ response to Local Government Association’s proposed 10 per cent increase for COVID costs, and 5 per cent increase for increase in National Living Wage. Lisa Lenton, CPA chair says: “Local government leaders have said they are willing to review the situation at the end of April, so that more evidence can be presented to HM Treasury. We will assist them with evidence from our research and we will continue to demand that councils increase the funding available to the care sector, so that it can maintain services and keep people safe during this pandemic.”
This guidance note is for local authority commissioners. It is designed to summarise pressures on social care providers arising from COVID-19, and to put forward ways in which commissioners can alleviate these pressures.
This guidance comes from a shared ambition to ensure that providers are supported to maximise availability of care and support and to remain operationally and financially resilient.
Commissioners will incur extra costs in meeting this guidance, and this will be a suitable use of each local authority’s share of the £5 billion announced in the Spring Budget 2020.
Topics include: collaboration, business continuity planning, cash flow, sick pay, workforce availability, rapid adjustment of support.
Information on Government support for businesses.
Small and medium sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19.
Letter from SoS Matt Hancock to chief executives. £1.6bn of funding to go to local authorities to help respond to COVID-19 pressures across all services. The funding is unringfenced and is intended to help councils address the specific pressures they, and providers, are facing in response to the pandemic.
HMRC has a set up a phone helpline to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus (COVID-19).
The helpline allows any business or self-employed individual who is concerned about paying their tax due to coronavirus to get practical help and advice.
HMRC helpline 0800 0159 559
information about coronavirus and claiming benefits. Access information online. Benefit Claim Helpline 0800 0556688
Community pharmacies are receiving a £300 million cash boost to ensure they can continue to carry out essential services during the coronavirus outbreak.
Health Secretary announces over £13 billion of debt will be written off as part of a major financial reset for NHS providers.
See all related information on coronavirus.z