Stranded middle: Difference between revisions
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imported>Doug Williamson (Update definition.) |
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[https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses] | [https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
Latest revision as of 12:37, 28 December 2022
Business continuity - COVID-19 - UK.
"Stranded middle" UK businesses are those not supported by either of:
- The Coronavirus Business Interruption Loan Scheme (CBILS) or
- The Coronavirus Corporate Financing Facility (CCFF).
For example:
- Turnover exceeds the £45m maximum for the CBILS; but
- Not sufficiently creditworthy to be able to access the CCFF.
The UK's Coronavirus Large Business Interruption Loan Scheme is designed to address these otherwise "stranded middle" businesses.
See also
- Bank of England
- Business continuity plan
- Contingency plan
- Coronavirus
- Coronavirus Business Interruption Loan Scheme
- Coronavirus Large Business Interruption Loan Scheme
- Coronavirus Job Retention Scheme
- COVID-19
- COVID-19 Corporate Financing Facility
- Creditworthiness
- Disaster recovery planning
- Financial stability
- Liquidity management
