Commercial rent recovery during COVID-19

30th June 2020

Due to the current COVID-19 crisis, the UK government has published a temporary Code of Practice. This Code will apply until June 2021 and encourages commercial landlords and tenants to work together and support each other when discussing rent payments … Continue reading

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Employer Guides: Changes to the Coronavirus Job Retention Scheme (Furlough Leave)

16th June 2020

Overnight on 12 June 2020, the government released guidance on the two significant changes it is making to the CJRS, namely: permitting furloughed employees to return to work on a “flexible” basis; and tapering the amount of the grant employers … Continue reading

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Women + Waves Collaborates with H&M

16th June 2020

Murrell Associates have recently advised Cornish surfing business Women + Waves (https://womenandwavessociety.com) in relation to its collaboration with global fashion retailer H&M. Women + Waves is an all-female surf society founded by Rachel Murphy which has the aim of bringing … Continue reading

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UK Corporate Insolvency and Governance Bill Update

1st June 2020

Designed to give distressed companies breathing space from creditors, the Corporate Insolvency and Governance Bill 2019-21 was published on 20 May 2020 (“CIGB”) and is being fast tracked. It will introduce into law the following: A new statutory moratorium process. … Continue reading

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Future Fund Update

27th May 2020

Future Fund Update The Future Fund, announced by the government on 20 April 2020, opened for applications on 20 May 2020. The aim of the Future Fund is to support innovative UK companies, with good potential, in science, innovation and … Continue reading

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Bounce Back Loan Scheme: Now open for applications

4th May 2020

From today (Monday 04 May 2020), accredited lenders are accepting applications for the new Bounce Back Loan (BBL) Scheme, which was introduced by the UK Chancellor on 27 April 2020. The Scheme aims to support smaller businesses by providing them … Continue reading

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Bounce Back Loans to support small businesses

28th April 2020

Yesterday (27 April 2020) the UK Chancellor announced a new fast-track loan scheme for small businesses which benefits from a 100% government-backed guarantee for lenders. The Bounce Back Loans scheme offers sole traders, micro-firms and entrepreneurs with much needed protection … Continue reading

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Break Clauses in Leases: The Impact of Covid-19

28th April 2020

As we all know, the impacts of Covid-19 are reaching far and wide. Where prospective tenants are still going ahead and entering into leases, many are seeking an additional right to break within the next 12 months as a way … Continue reading

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A Guide to Furlough: FAQs about furloughing staff during COVID-19

23rd April 2020

The Coronavirus Job Retention Scheme (“the Furlough Scheme”) is up and running and employers can now submit their claims for reimbursement from HRMC through the online portal. This follows a fairly tumultuous period where the rules of the Furlough Scheme … Continue reading

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New Future Fund to support innovative UK businesses

22nd April 2020

On 20 April 2020 government announced that it is to establish a new Future Fund scheme to support the UK’s innovative businesses currently affected by Covid-19. Innovative businesses have been unable to access other government business financial support programmes, because … Continue reading

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