Coronavirus financial support explained. What are your options? Our experts will answer your questions

Department of Banking, Accounting and Finance at Manchester Metropolitan University

Thursday 2nd April, 15.00-15.30

Join us on April 2^nd at 3pm via Zoom https://zoom.us/j/809500140 for a series of short briefings. We’ll be demystifying the Government’s financial updates related to Coronavirus, answering some of your questions, outlining the options currently available to you, and discussing some of the possible developments over the coming weeks.

Our three experts, Professor Julia Rouse, Professor Mark Jarvis, and Stuart Finnerty will share their understanding of the policy briefings to enhance clarity for businesses large and small navigating these uncertain times.

We’ve already received lots of questions in advance of the briefings and will cover as much as possible during these bitesize sessions. You can expect answers to some of the following questions…

From SME’s/start-ups/self-employed

• I’m an owner/director and don’t seem to fall into any of the categories for assistance – what can I do?
• I have a start-up established after April 2019, what are my options?
• I’m self-employed but don’t have 3 years of returns – what can I do?
• As a director, I’m paid via PAYE and dividends – am I eligible for any support?
• Would claiming Universal Credit in the short term stop me from being eligible for grants/other support schemes?
• What are the possible changes to SME support in the future?

About the Business Interruption Loan (CBILs) and grants

• How does the loan scheme work – what criteria will they use for approval?
• Is there a personal guarantee requirement?
• Can the loan scheme cover staff wages until the furlough scheme is live?
• What grants are available?
• Can you explain what the announcements in areas such as VAT, income tax, and business rates mean to me?

Horizon scanning

• What is the likely impact on GDP and Consumer Spending?
• What are the likely impacts on Inflation and Interest rates?
• What is the expected appetite for investment?

Send us your questions to [email protected] or post them on LinkedIn and Twitter @HannahHMMU We’ll keep you updated as the situation evolves.

Professor Julia Rouse

As a Professor Entrepreneurship, Julia is well known as a researcher of low paid self-employment and women’s enterprise. Given the current boom in self-employment (and debates relating to the ‘gig economy’) Julia is concerned to define and help policy makers promote ‘decent self-employment’.

LinkedIn https://uk.linkedin.com/in/julia-rouse-2a608713

Professor Mark Jarvis

A former Group CFO at the multinational professional services firm EY, Mark brings a wide range of experience in finance and banking, particularly in relation to emerging markets and venture capital.

His previous experience includes numerous non-executive director roles, with expertise in mergers and acquisitions and asset-based financing.

LinkedIn: https://uk.linkedin.com/in/markvjarvis

Stuart Finnerty

Stuart is a Reader in Executive Education at Manchester Metropolitan University Business School. Stuart recently joined academia after spending 20 years working in the financial sector. Much of this time was spent leading teams and directly delivering for both SME and personal customers. Most recently, he was the Director for SME Banking for NatWest in Cheshire.

LinkedIn https://uk.linkedin.com/in/stuart-finnerty