Insolvency: FAQs

By |2020-06-02T16:32:15+00:00May 29th, 2020|

Last Updated: 29th May The impact of the Coronavirus outbreak has been felt acutely in the hospitality and leisure sectors with outlets being the first to be closed and looking likely to be the last to reopen.  Many businesses will have had no income since 20 March.  The impact is being felt both in terms [...]

Coronavirus – Government-backed business support

By |2020-05-19T15:27:24+00:00May 12th, 2020|

Businesses in the hospitality and leisure sectors are universally concerned about how they can keep afloat during the current Covid-19 pandemic.  The Government announced a raft of business support measures to help businesses survive an environment where trading has been curtailed and cost of operations may outstrip income. These include Business Interruption Loans, a Coronavirus [...]

Trading post Covid-19 – Make sure you protect your licence

By |2020-04-06T16:35:18+00:00April 6th, 2020|

It is important to be prepared for the future even in these bleak times.  Although pubs and bars nationwide are currently closed under the new social distancing rules, it’s important to safeguard your premises licence and your pavement licence for future trade. Take action to prevent your premises licence from lapsing In the event of [...]

Covid-19 business closures – hotels and takeaways

By |2020-03-30T13:17:13+00:00March 30th, 2020|

Does the new Government Guidance mean that you need to close your business? On 23 March the government stepped up measures to prevent the spread of Coronavirus by extending the requirement for many businesses including non-essential retail stores (excluding food markets) and hotels to close. Takeaway and food delivery services to remain open There is [...]

Business Interruption Insurance – look closely at your policy

By |2020-03-30T12:35:28+00:00March 23rd, 2020|

The hospitality and leisure sectors are among the hardest hit by the Covid-19 pandemic so far with most now subject to enforced closure.  The message in the media has been that business interruption insurance will not provide cover for losses in relation to COVID-19.  We do not consider that it is this simple and strongly [...]