Swansea BID is working hard to keep stakeholders up to date with the latest news, updates and information as the coronavirus situation changes across the UK. We have created this new page to help do this which will be updated regularly as we get the information, but you can also keep an eye on our social media channels for updates as they come in.
The key information you need to know is listed first here, and regular updates are shared further down the page.
We are all in this together and we can and will emerge from this crisis with dignity and with resolve. NOW is the time for us all to be strong and for us all to realise that we can and will come through this working together to turn all our firepower on the virus.
Find coronavirus financial support for your business
Business support finder from gov.uk to help businesses find out what financial support is available to them.
COVID-19: guidance for employees, employers and businesses – updated 7.4.2020
Guidance from gov.uk for employees, employers and businesses in providing advice about the novel coronavirus (COVID-19).
Coronavirus – Information for individuals and businesses in Wales updated 6.4.2020
The latest guidance on the virus for people in Wales
Coronavirus – support for businesses updated 1.5.2020
Information from the Welsh government on business rate relief, grants and loans for businesses to help during the disruption caused by COVID-19.
ACAS advice for employers and employees reviewed 6.4.2020
Latest updates and information
Swansea Bay City Deal Key to Economic Recovery Post-Covid
Leaders in South West Wales say the £1.3 billion Swansea Bay City Deal has a key role to play at the heart of the region’s economic recovery from Covid-19.
£500m Future Fund Opens for Applications Today
The government’s £500 million Future Fund opens for applications today with innovative and high-growth Welsh businesses able to secure investment to help them through the Coronavirus outbreak.
Larger Businesses to Benefit from Loans of up to £200m
Coronavirus Statutory Sick Pay Scheme to Launch in May
A new online service will launch on May 26 for small and medium sized employers to recover Statutory Sick Pay(SSP) payments they have made to their employees, the Government has announced today.
Unlocking our society and economy: continuing the conversation
Document from Welsh Government on moving forward
Guidance – taking all reasonable measures to maintain physical distancing in the workplace
Guidance under regulation 7A of the Health Protection (Coronavirus Restrictions) (Wales) Regulations 2020.
Bounce Back Loans Scheme
All the information you need to know about the new loan scheme for small/medium businesses
69,000 Bounce Back Loans Worth over £2 billion Approved in 24 Hours
More than 69,000 Bounce Back Loans worth over £2 billion have been approved during the first 24 hours of the scheme.
HMRC Invites Self-employed to Get Ready to Make Their Claims
This week, HM Revenue and Customs (HMRC) will start contacting around three and a half million customers who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS) to explain the application process and help them get ready to make a claim.
New Bounce Back Loans for Welsh SMEs Launches Today
Welsh SMEs will be able to apply for quick and easy-to access loans of up to £50,000 from today – with the cash expected to land within days.
BIRA Support Package
British Independent Retailers Association (BIRA) have put together a membership support package to help businesses during the coronavirus outbreak.
£500 Million of Support Reaches Welsh Businesses
Half a billion pounds of relief grants has reached 41,000 small businesses in Wales in the space of just a few weeks.
Guidance – apply for a coronavirus bounce back loan
This scheme will help small and medium-sized businesses affected by coronavirus (COVID-19) to apply for loans of up to £50,000.
Swansea BID Joins Plea to Government to #RaiseTheBar
Swansea BID (Business Improvement District) has joined a campaign to urge the Welsh Government to expand the rateable value threshold for all retail, hospitality and leisure businesses, to allow businesses that are currently missing out the opportunity to access the £25,000 grant in order to survive.
New Online Training for Furloughed Workforce in Wales
New e-learning resources aimed at helping workers furloughed as a result of coronavirus to learn new skills are now live.
Major Boost for Welsh SMEs as New Bounce Back Loans Announced
Small businesses in Wales will benefit from a new fast-track finance scheme providing loans with a 100% UK Government-backed guarantee for lenders.
Businesses to receive first economic resilience fund grants
Businesses and organisations which have successfully applied to the Welsh Government’s £500m Economic Resilience Fund will start receiving grant payments by the end of this week.
9,000 Welsh Firms Apply for Economic Resilience Fund Grants
Businesses and organisations which have successfully applied to the Welsh Government’s £500m Economic Resilience Fund will start receiving grant payments this week, Economy, Transport and North Wales Minister Ken Skates has announced.
£36m Awarded to 585 Businesses in Just Three Weeks
585 businesses across Wales have been awarded funding totalling £36 million by the Development Bank of Wales since the Covid-19 Wales Business Loan Scheme was launched on Monday 30 March.
Companies House Support for Businesses Hit by COVID-19
Changes announced will help businesses avoid being struck off the Companies House register as they deal with the impact of the coronavirus outbreak.
UK government’s furlough scheme opens for applications
The UK Government’s Coronavirus Job Retention Scheme has gone live today, with businesses able to claim up to £2,500 a month towards staff wages.
New £1.25bn Support Fund Open to Welsh Businesses Driving Innovation
Welsh businesses driving innovation and development will be helped through the coronavirus outbreak with a £1.25 billion UK Government support package, the Chancellor has announced this morning.
Applications Process Opens for the Economic Resilience Fund
Applications can now be made for support from the second phase of the Welsh Government’s £500m Economic Resilience Fund.
COVID-19 and your business: how to use video conferencing to stay connected
Furlough: what the updated guidance clarifies
Informative article from Business News Wales on the latest furlough guidance.
Covid-19: ACAS webinars and live chat on Twitter
ACAS are running online Coronavirus webinars for employers. The webinars provides practical advice for employers to help manage the impact of coronavirus in the workplace, and you can register to watch their latest webinar recording.
Online support available to Welsh businesses affected by Covid-19
Business Wales has launched a new series of digital courses and webinars, aimed at Welsh SMEs affected by the COVID-19 outbreak.
New rules to protect workers during the coronavirus outbreak
New rules to protect workers during the coronavirus outbreak have been announced.
Keeping your business safe during the coronavirus outbreak.
Furlough information from Peter Lynn and Partners.
Peter Lynn and Partners have created a useful video answering questions related to how furlough will work for businesses.
Updated information on furlough for businesses
Swansea BID have created an infographic with the key information you need to know on furlough
Details of the NEW Economic Resilience Fund Have Been Announced
The Welsh Government have released further information about the fund, including eligibility criteria for businesses and charities to enable them to prepare to apply.
COVID-19: Claim back Statutory Sick Pay paid to employees due to coronavirus
HMRC has published new online guidance which includes information about who can use the scheme and the records employers must keep.
Barclay’s launches £100 million Covid-19 community aid package
Article detailing new aid package from Barclays
Swansea SME’s receive £13.2M in support grants
Hundreds of small businesses are seeing millions of pounds dropping into their bank accounts as Swansea Council works flat-out to support them during the Coronavirus pandemic.
First Minister and Wales’ emergency services call on people of Wales to save lives this Easter.
An unprecedented letter from First Minister Mark Drakeford and signed by Wales’ emergency and health services and council leaders, calls on the Welsh population to stay at home and save lives over the Easter bank holiday weekend.
Welsh food and drink makers offered free marketing support
In an effort to help independent food and drink businesses survive the coronavirus lockdown, an online marketplace and marketing platform dedicated to Welsh produce is waiving all commission until at least 1 May.
How to perfect a business continuity plan for remote working
Useful article from Business News Wales on creating a business continuity plan.
Coronavirus – letter to the retail sector
Letter from the Secretary of State for Business, Energy and Industrial Strategy, Alok Sharma, to those working in retail.
£100 million development bank of Wales load scheme fully subscribed in first week
The COVID-19 Wales Business Loan Scheme is fully subscribed after more than 1,500 applications were received in just over one week.
£18m for the creative industries and sport sectors in Wales
Article from Business News Wales on package of measures, announced by Deputy Minister for Culture, Sport and Tourism, Lord Elis-Thomas, that will help support the sector, safeguarding businesses and jobs.
Taking all reasonable measures to maintain physical distancing in the workplace
Guidance from Welsh Government
£20m competition for businesses with ideas to help society in the Covid-19 pandemic
Welsh businesses with innovative ideas that will help the country in the wake of the coronavirus pandemic can now enter a competition to get all their project costs paid.
Foreign Secretary’s statement on coronavirus
Latest press briefing on the government’s response to coronavirus outbreak.
£150 million grant support reaching businesses, with more to come
Businesses have received almost £150 million in support grants in the first week of the business support scheme.
Coronavirus – supply and demand resources platform
Information from Business Wales on a platform that enables all companies in Wales and beyond to share supply and demand opportunities resulting from the current economic and trading situation due to the Coronavirus pandemic.
Workplace social distancing set to become law in Wales
New rules to protect workers during the coronavirus outbreak will come into force on Tuesday morning, First Minister Mark Drakeford has confirmed.
£5M relief fund for young entrepreneurs affected by coronavirus
The Prince’s Trust and NatWest have announced the launch of a £5million fund to help young entrepreneurs across the UK to keep their businesses afloat during the coronavirus crisis.
Coronavirus – debt implication and safeguards
Article from Business News Wales on the impact of coronavirus on finances.
Testing for coronavirus
Updated information from Welsh Government on testing for coronavirus
What Does it Mean to be Furloughed?
What does it mean to be furloughed? Kate Palmer, Associate Director of Advisory at global employment law consultancy, Peninsula, explains..
Welsh Businesses Adapt to Covid-19 Outbreak in Variety of Ways
Latest Coronavirus update from Swansea council
Includes information on financial support for businesses
COVID-19: Check which expenses are taxable if your employee works from home due to coronavirus
Development Bank Launches £100m Covid-19 Wales Business Loan Scheme
The Development Bank of Wales have launched a £100 million fund to support businesses in Wales affected by the Covid-19 outbreak.
Coronavirus update from Swansea council
The Coronavirus Lockdown: An Employer’s Duty of Care for Remote Workers
Employers still have a duty of care for employee well-being, so far as is reasonably practicable, even when they are working from home. Here are some important considerations for employers with remote workers.
Financial Support and Grants
Information from Business Wales on the financial support available to businesses impacted by the coronavirus.
Keeping empty commercial properties safe from crime
A document from Swansea BID with advice on preventing crime in relation to commercial properties that are currently empty as a result of the coronavirus outbreak.
COVID-19: Rules on carrying over annual leave to be relaxed
Workers who have not taken all of their statutory annual leave entitlement due to COVID-19 will now be able to carry it over into the next 2 leave years, under measures introduced by the UK Government on Friday 27 March 2020.
Welsh government to announce £1.1bn funding
A £1.1bn support package for the economy and public services in Wales is to be unveiled this week.
Grants to Start Reaching Businesses in Wales This Week
Businesses will start receiving emergency coronavirus grants by the middle of this week, Economy, Transport and North Wales Minister Ken Skates confirmed.
New Coronavirus Business Support Hub Launches
The South Wales Chamber of Commerce has created a dedicated platform for businesses to connect and support each other during the coronavirus pandemic.
Welsh government business grants
How to apply for the business grants created in response to the coronavirus outbreak – for businesses in city and county of Swansea.
Furlough leave update – the job retention scheme
Selena Baker, Associate Director of Greenaway Scott, summarises what we know and what we do not yet know about Furlough leave.
Financial support for the self-employed as a result of coronavirus
Millions of self-employed individuals will receive direct cash grants though a ground-breaking UK-wide scheme to help them during the coronavirus outbreak, the Chancellor announced today.
Increase to working tax credits
As part of a number of measures to support the country during the coronavirus (COVID-19) pandemic, Working Tax Credits payments will be increased by £1,045 to £3,040 per year from 6 April 2020 until 5 April 2021.
Latest coronavirus update from Swansea council
New powers to enforce social distancing come into force in Wales
The First Minister has signed into law new public health regulations strengthening police enforcement powers in Wales.
Grants to start reaching businesses
Businesses will start receiving emergency coronavirus grants by the middle of next week, Economy, Transport and North Wales Minister Ken Skates confirmed today.
Welsh Government business grants
The Welsh Government has announced a £1.4bn support package for all businesses listed on the business rates register, covering Business Rate Relief and Business Grants
You can also find the information on these grants here.
Coronavirus update from Swansea council
A round up of the latest news and changes from Swansea council in relation to the coronavirus outbreak.
Advice on home working for employers during the Covid-19 outbreak
Advice from Business Wales for those who have employees working from home at the moment.
Government to provide free car parking for NHS and social care staff
The Secretary of State for Health and Social Care is giving immediate financial backing for all NHS trusts to provide free car parking to NHS staff for the duration of coronavirus (COVID-19).
Prime Minister’s statement
The transcript of Boris Johnson’s latest statement about the coronavirus outbreak
Government launches coronavirus information service on WhatsApp
The UK Government has today launched a GOV.UK Coronavirus Information service on WhatsApp.
Swansea BID work with NCP and Local Authority to provide free city centre car parking to key workers
Companies to receive 3-month extension period to file accounts during Covid-19
Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19.
Vehicle owners to be granted MOT exemption due to coronavirus outbreak
Vehicle owners will be granted a 6-month exemption from MOT testing, enabling them to continue to travel to work where this absolutely cannot be done from home, or shop for necessities.
Protection from eviction for commercial tenants
Commercial tenants who cannot pay their rent because of COVID-19 will be protected from eviction.
Support for the third sector
Document of advice and support for the third sector and charities during the disruption caused by Covid-19
Response to Covid-19 economic crisis
A written statement from Rebecca Evans, Minister for Finance and Trefnydd, and Ken Skates, Minister for Economy, Transport and North Wales addressing the impact of Covid-19 on the economy.
Coronavirus – closure of businesses and premises
Link to a pdf with latest information on non-essential businesses and premises that must shut from 23.3.2020
Full guidance on staying at home and away from others
Updated information on staying away from others.
Business Wales launches new webinars to help SMEs manage the impact of Covid-19
Business Wales is launching a new package of support for businesses affected by the coronavirus outbreak.
Prime Minister’s address to the nation
Transcript of Prime Minister Boris Johnson’s address to the nation with the latest information
Extra protection for businesses with ban on evictions for commercial tenants who miss rent payments
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction.
Statement from First Minister Mark Drakeford about travelling in Wales and social distancing
First Minister launches Looking Out For Each Other campaign in Wales
First Minister Mark Drakeford has launched a new campaign about how to help people who are staying at home because of coronavirus.
Additional support for businesses in dealing with Covid-19
“Following our announcement of a £200 million package of support for businesses on 17 March, the Welsh Government is today announcing that we will be providing almost £1.4 billion of support for businesses during this difficult period…”
Ministers announce new £1.4bn business support package
Finance Minister Rebecca Evans and the Minister for Economy, Ken Skates have announced a new £1.4bn business support package to help businesses across Wales.
Support for businesses in dealing with Covid-19
A written statement from Rebecca Evans AM, Minister for Finance and Trefnydd