Uncertainty may well prove to be the bi-word of 2020 – in our personal as well as our business lives. The pandemic and Brexit have combined to make us all wonder what we’ll be waking up to each day; what our ‘the new normal’ of the hour will be.
It will be of little surprise that the number of UK and global insolvencies is set to increase in 2020, as the effects of Covid-19 continue to bite.
The UK Government’s £10bn Trade Credit Reinsurance Scheme formally went live this week, with most (but not all) trade credit insurers signed up.
In June we updated you about the proposals for the formal backing by the UK Government of trade credit insurers. The Government has announced that terms have now been agreed with insurers, and the European Commission gave its approval to the scheme on 29 July. But it is becoming clear that not all[...]
The formal backing by the UK Government of trade credit insurance is certainly great news for clients of The Channel Partnership. We’ve been looking at the detail and while the £10 billion in Government support will relieve some of the pain brought by the COVID-19 crisis, it’s something of a bitter[...]
The UK Government has today announced its formal backing of trade credit insurers with £10 billion in Government guarantees. [Read our update July 2020 update on the scheme
This post is about credit insurance policy compliance and a change to the nature of your business during COVID-19.
We are living through a time of unprecedented uncertainty and, as yet, with no clear end to the crisis nor any clear way out of the lockdown. There is a flood of information coming at all of us so this is an attempt to explain in brief what is happening in the credit insurance market AS AT[...]
For many businesses the outcome of the media reaction to the Coronavirus outbreak has become a bigger threat than the virus itself. It has been hard to avoid the media saturation of fears versus fiction, and financial markets have suffered losses across the globe as a result.
Atradius’ Market Monitor food report has detailed the financial state of the UK’s food & beverages sector for 2019.