COVID-19 UK and US Economic Support Schemes

The rapid onset of COVID-19 in the UK and the US has led to a plethora of economic policy commitments to support business. This webinar provides an overview of the various support schemes implemented in the UK and the US. Specific topics include:

• UK facilities for small businesses including the Coronavirus Business Interruption Loan Scheme (“CBILS”);
• UK Coronavirus Job Retention Scheme (aka Furlough Scheme);
• COVID Corporate Financing Facility (“CCFF”) and CP eligibility;
• Financial Conduct Authority (“FCA”) reforms and working capital assistance for UK listed companies;
• Proposed amendments to the UK insolvency law and other debt reforms; and
• Emergency relief measures in the US, including the Federal Reserve’s Paycheck Protection Program Liquidity Facility