News story

Getting help if your business is in distress

If your business is in difficulty there is support and advice available.

Support for businesses

The government has announced a package of measures to support businesses impacted by Covid-19 and guidance to assist businesses to access appropriate support.

Further advice and links to additional support is also available.

Restructuring and insolvency advice

If you need help to restructure your business or it is facing insolvency you can find a licensed insolvency practitioner in your area by searching the insolvency practitioner directory.

Search the insolvency practitioner directory

Financial assistance for employers unable to pay statutory redundancy payments

If you cannot afford to pay your employees redundancy pay you can apply to the Redundancy Payments Service (RPS) for financial assistance. If approved, the RPS will make statutory redundancy payments directly to redundant employees on an employer’s behalf.

Find out about support for employees who are made redundant.

Published 7 April 2020