Skip to main content

COVID-19 Pandemic: Key UK Government and Bank of England Initiatives to Support Businesses

Client memorandum | June 15, 2020

On March 30, 2020, Fried Frank published a memorandum titled “COVID-19 Pandemic: Key UK Government and Bank of England Initiatives to Support Businesses” and published updates to this memorandum on April 15, 2020 and May 13, 2020. In light of the rapidly developing situation and UK Government response, this further update to the memorandum includes the latest guidance provided by the UK Government on the key initiatives and measures that have been introduced by the UK Government and the Bank of England in response to the COVID-19 pandemic to support UK businesses as of June 7, 2020, including: (A) employment retention initiatives; (B) lending programs; (C) grants; (D) tax measures; and (E) other measures to support the flow of credit.

Additional information

icon View File

This communication is for general information only. It is not intended, nor should it be relied upon, as legal advice. In some jurisdictions, this may be considered attorney advertising. Please refer to the firm’s data policy page for further information.