COVID-19 Pandemic: Information for Businesses

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This Month in Numbers

1.6 million

More than 1.6 million firms benefited from government-backed loans to keep them trading and protect jobs and livelihoods during the coronavirus pandemic.

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Business Finance and Taxation

Global Banking Regulator Proposes Tougher Capital Rules for Cryptoasset Holdings in Banks
Posted: 10 June 2021
The proposals split cryptoassets into two broad groups: those eligible for treatment under the existing Basel Framework with some modifications; and others, such as bitcoin, are subject to a new conservative prudential treatment.
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UK Sanctions 22 Individuals Involved in International Corruption
Posted: 26 April 2021
Individuals involved in some of the world’s most serious cases of corruption will no longer be able to channel their money through UK banks or enter the country thanks to new sanctions announced by Foreign Secretary Dominic Raab today.
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