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Impact on industry sectors and the economy

ICAEW insights and updates on how the coronavirus COVID-19 pandemic is impacting different business and industry sectors, along with data and analysis on the UK and global economy.

Financial services

FCA and FOS clarify CBILS-BBLS SME rules

6 May 2020: the Financial Conduct Authority (FCA) and Financial Ombudsman Service (FOS) have provided additional clarity for banks and SMEs regarding the two government loan schemes available during the coronavirus crisis.

Furlough Leave: New Treasury Direction (22 May 2020)

On 15 April 2020, the Government published a Treasury Direction on the Coronavirus Job Retention Scheme (the Scheme). This was updated last Friday (22 May 2020) and the full updated Direction can be found here but in summary, these are the major changes and clarifications.

COVID-19: UK industry focus – Where next?

Series of insights from PwC’s Strategy& looking at how COVID-19 is affecting industries in the UK and how organisations can meet the challenge. Industries include power and utilities; travel and leisure; aviation; government; automotive; healthcare; pharmaceutical; banking; industrial manufacturing; real estate; asset and wealth management; retail; consumer goods; telecoms; insurance.

Combating COVID-19: Insights by sector

Industry-specific information and guidance from Deloitte on COVID-19. Sectors include aerospace and defence; automotive; consumer products and retail; financial services; government and public services; industrial products and construction; life sciences; mining and metals; oil, gas and chemicals; power, utilities and renewables; technology; telecom, media and entertainment; transportation and hospitality.

Coronavirus (COVID-19)

Data and analysis from ONS on coronavirus (COVID-19) in the UK and its effect on the economy and society. Includes information on coronavirus and homeworking in the UK labour market and analysis of the industries and occupations that parents and those aged 70 or over work in.