UK Issues Coronavirus Guidance for Businesses

Posted by Kelsay Calvaruso on 3/12/20 5:00 PM

On March 9, 2020, the government of the United Kingdom (UK) issued guidance on coronavirus (COVID-19) for businesses.  The guidance outlines the steps being taken by the Department for International Trade (DIT) and the UK Export Finance (UKEF) to support businesses, including:

  • Assistance with seeking alternative suppliers;
  • Loan assistance to ease cash flow constraints;
  • Insurance to cover costs from the inability to fulfill orders; and
  • Assistance for overseas buyers to enable continued orders.

Questions for DIT can be directed to: COVID19@trade.gov.uk.

Questions for UKEF can be directed to: customer.service@ukexportfinance.gov.uk.

Belgium has also posted support measures to support businesses struggling financially from the COVID-19 outbreak.  The finance measures can be found here:

https://finances.belgium.be/fr/entreprises/mesures-de-soutien-dans-le-cadre-du-coronavirus-covid-19

The UK’s COVID-19 guidance can be found here:

https://www.gov.uk/government/publications/coronavirus-covid-19-guidance-for-uk-businesses/coronavirus-covid-19-guidance-for-uk-businesses

Topics: UK, Coronavirus, Belgium