MacRoberts and coronavirus – Supporting You, Your Families & Your Businesses
The coronavirus pandemic continues to cause economic uncertainty across all areas of business and for individual families. As we gradually emerge from lockdown into a 'new normal', the full economic impact of the virus has yet to be realised. The furlough scheme is now winding down and, as businesses are starting to get back to the workplace under social distancing restrictions, we are now looking ahead to what the next weeks, months and perhaps even years may look like.
During the pandemic, MacRoberts has continued to provide our clients with expert legal advice as they navigate the challenges posed by the coronavirus. Our lawyers have frequently issued legal updates on the key issues businesses should be aware of, and you will find all of that information below. We have also produced a number of short webinars and podcasts on frequent updates to the Coronavirus Job Retention Scheme through our MacRoberts Live Bitesized series, available here.
As businesses get 'back to work', the Scottish and UK Governments are frequently issuing new and updated guidance on how the country should navigate the effects of the coronavirus. As has been the case throughout this period, MacRoberts continues to monitor Government guidance closely and our lawyers are here to support you, your businesses and your families through these uncertain times. Please do not hesitate to contact me personally or any member of the MacRoberts team – we are here for you.
On behalf of everyone at MacRoberts, we wish you all the very best and look forward to seeing you again.
COVID-19 Corporate Insolvency & Governance Act 2020: Extension of temporary measures The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) Regulations 2020 came into force on 29 September 2020, extending some of the temporary provisions put in place by The Corporate Insolvency & Governance Act 2020 which came into force on 26 June 2020.
COVID-19 Highly anticipated High Court judgment in the Financial Conduct Authority's business interruption test case In May 2020, the Financial Conduct Authority announced its intention to bring a test case in the High Court of England and Wales with a view to seeking legal clarity about the meaning and effect of business interruption insurance policy wordings concerning COVID-19 claims.
COVID-19 Irritancy Restrictions Extended The Scottish Parliament has passed regulations extending the 14-week notice period for eviction of commercial tenants for non-payment of rent until 31 March 2021.
Employment Statement from the Chancellor: New Jobs Support Scheme replaces Coronavirus Job Retention Scheme The Chancellor has announced the Government's new "Job Support Scheme" which will replace the Coronavirus Job Retention Scheme from 1 November 2020 and is set to last for six months.
Employment Furlough amnesty Since the Coronavirus Job Retention Scheme (the ‘Furlough Scheme’) launched in April, it has paid out in excess of £35 billion to UK employers to cover a proportion of salaries of furloughed staff.