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COVID-19 Lockdown 3.0 - What Emergency Funding Is Available for Individuals and Businesses?

As is now abundantly clear, COVID-19 has had a devastating impact on individuals, families, businesses, and public institutions across the UK and worldwide. Nearly 70,000 people have died, many businesses have gone into administration, including many household names, and tens of thousands of people have lost their jobs. Many families across the UK are struggling to pay for basic essentials and are deeply worried about their futures. For this reason, it is vital to understand the financial assistance available. In this article, we will outline some of the COVID-19 financial assistance measures currently in place for individuals and businesses in the UK.

Financial Support For Individuals And Families

There are a range of new financial assistance packages currently in place to assist individuals and families to weather the COVID-19 storm, as follows:

COVID Winter Grant Scheme

Local authorities and councils are overseeing the administration of the COVID Winter Grant Scheme, which is designed to support households suffering hardship as a result of COVID-19. The government has earmarked £170 million of funding to cover the period up to the end of March 2021. Money is available for items such as:

  • Food
  • Utility bills (e.g. gas, electricity, and water)
  • Essentials (e.g. warm clothing, soap, sanitary products, blankets or other essential household items)

If you need assistance with any of these, you will need to contact your local council who will be able to advise you of the application process. To be eligible, you will need to show you:

  • Are aged 18 or over, or
  • Are a parent or carer, or
  • Are under 18 years of age and are pregnant or have dependent children or;
  • Are under the age of 18 and estranged from parents/ living without parental financial support; for example, living in supported accommodation.
  • Are living in the local authority area at the point of requesting assistance
  • Have had an adverse change to your circumstances as a result of COVID-19
  • Have had an unexpected change to your income or have had unexpected outlays which mean you cannot afford the cost of food, fuel or other essential household items
  • You have no access to other funds – such as savings, help from relatives

COVID furlough scheme for employees

The furlough scheme (also known as the COVID Job Retention Scheme – CJRS) which was introduced in Spring 2020 was further extended on 5th November for five-months into Spring 2021. Employees who are eligible for CJRS funding will receive 80% of their salary for any hours not worked as a result of COVID-19. This means that those who have had their hours fully or partially reduced due to the virus will be eligible.

Self-Employment Income Support Scheme (SEISS)

Those who are self-employed will be able to claim 80% of their average trading profits, up to a maximum of £7,500 until the end of January 2021. For migrants currently in the UK, it is important to note that you will be able to claim under this scheme if you are self-employed as this is not classed as seeking “recourse to public funds”, which is specifically prohibited for those with the NPRF restriction.

Financial Support For Businesses

In addition to the financial assistance for individuals, families, and employees, funding is available for businesses in the UK, including the:

Coronavirus Business Interruption Loan Scheme (CBILS)

CBILS, which will be available until the end of March 2021, is designed to assist small and medium businesses to access loans and other types of funding of up to £5m – the government will act as a guarantor for 80% of the loan value and will pay both interest and any fees for the first year.

Coronavirus Future Fund

The coronavirus Future Fund will provide government loans to innovative businesses based in the UK which are struggling financially due to the COVID-19 pandemic. To be eligible for a loan of between £125,000 and £5m, businesses will need to show they have raised at least £250,000 in equity investment from third-party investors in the last five years. The eligibility rules also require that businesses:

  • have no shares traded on a regulated market, multilateral trading facility or other listing venues
  • were incorporated on or before 31st December 2019
  • and have half or more employees based in the UK OR have half or more revenues from UK sales

Coronavirus Bounce Back Loan (CBBLS)

The CBBLS, which is available until the end of March 2021, is intended to allow smaller businesses to access funding of between £2,000 and 25% of their turnover up to a maximum of £50,000. 100% of loans are guaranteed by the government, and fees and interest are paid for the first year. At the end of the first year, the interest rate is limited to 2.5% per year.

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

CLBILS is intended to allow larger businesses to access funding of up to £200m with the government acting as guarantor for 80% of the loan amount. The scheme is available until the end of March 2021. Eligible businesses will need to show they have a turnover of at least £45m and they have not received funding from the Bank of England’s COVID-19 Corporate Financing Facility (CCFF).

COVID-19 Corporate Financing Facility

Under the COVID-19 Corporate Financing Facility (CCFF), the Bank of England will purchase short-term debt from large companies through commercial lenders. According to the rules defined by the Bank of England, companies applying will need to show they:

  • Make a material UK contribution
  • Are investment-grade rated (or equivalent) as of 1st March 2020 (as supplemented by the ongoing credit quality review described below)
  • Are not PRA- or FCA-regulated
  • Are not a public undertaking
  • Are not a leveraged investment vehicle

Final Words

There is a range of funding options available at present to assist individuals, families, employees, and businesses across the UK to get through the COVID-19 pandemic. Most of these are set to expire at the end of March 2021, and there is no guarantee they will be extended further. As such, if you need assistance, it is important to review the options available to you and to determine your eligibility before the schemes come to an end. We can only hope that further extensions to COVID-19 funding will not be needed and that the current vaccination programme will be a resounding success, allowing businesses to resume normal operation.


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ACQ5 Awards Award
Lexis Nexis
Three Best Rated
Department For International Development
University Of Cambridge

O.L

Andy Tieu is absolutely amazing.

As a lawyer myself I can categorically say that he knows his stuff, gentle, responsive, cares about you and not just about the money, very professional.
I mean I can go on and on!

Andy and the entire team at Reiss Edwards are amazing!

Thanks again Andy.

Kiran Sardar


I found Joe very helpful and tremendous patience which is a must in this professional as there are lots of emotions always involved in each and every case.

The way they dealt with my case during COVID19 Situation is highly appreciable. I would definitely recommend Joe D. and Anna F. Anna is an amazing lady, her patience is beyond my words.

Her hard work and professionalism have no boundaries. She is the right person for all type of cases.

Thanks to Anna and Joe for all your support and guidance which helped me fulfill my dream.

I would say Reiss Edwards is lucky to have Joe D. and Anna F. Great job Reiss Edwards.

thanks once again. Anna you’re a Gem and a Star.

Cheyam Shaked

"Anna Foley was the lawyer helping my partner obtain an EEA EFM visa. She was outstanding. Handling the case with constant correspondence over a lengthy, lockdown delayed 7-month application process. Her expert advice guided us successfully through some difficult times as a result of COVID-19. Some of the best service I have received for any service ever! Often replying to emails late at night, offering to send additional correspondence to the home office and going above and beyond in handling our case! Well done and thank you Reiss Edwards and thank you Anna!!".

Isaac .T

"Professional service. I was very impressed with the fact that my ILR application was successful 6 weeks after the submission amidst the COVID-19 pandemic. I also think the portfolio put together by the team at Reiss Edwards has played a big part in the quick turnaround of my application".

Jesse Lee

"Reiss Edwards did a great job, and so much work, for their reasonable fixed fee. I would heartily recommend them to anyone looking to secure a Visa and /or Visa renewal. I will use them again when mine needs to renew. Great value".

Majlinda Berisha

"The help, the professionalism, the kindness from this team is phenomenal. A massive thank you to Anna Foley.

I have had a really tough time with getting my husband’s visa. My last immigration lawyer made many mistakes that caused stress, disappointments and sadness.

I was weary about getting another lawyer as I thought I was going to go through the same experience but no, it turned out better than what I had hoped or even imagined.

What I received was: constant emails and calls updating me and asking if anything else is needed. If I called and they missed my phone call I would get a call back within 10 minutes. All of my documents were carefully checked and I would get a reply the next day if anything was missing or not correct. There were times that I was impatient and asked to just send the visa off, but was reminded that everything had to be perfect and correct before submitting the application. I was told about every option I had and discussed what the best would be. I was always spoke in a nice, calm, polite manner.

The overall intelligence of this team, especially Anna Foley for me, is outstanding. I am speechless. Anna done such an amazing job on my husband’s application that although we couldn’t apply for the fast service and was told to wait for 12 weeks, we got a reply within 5 weeks.

That alone shows what an amazing and talented team Reiss Edwards are. Thank you".

Christine .C

"I wholeheartedly recommend Reiss Edwards to anyone who is in search of immigration advice. I had the pleasure of speaking with Amar who has been very thorough in finding a solution to my enquiry, and followed up with additional information even after the consultation. I normally don't leave reviews, and this firm already has enough good reviews for me to need to my own anyways! However, in this instance, I do hope that my review can let anyone who reads it be aware that RE is a great choice, these people care enough to help you the best they can".

Zohaib Butt

"I had the chance to use Reiss Edwards services for my Tier 2 extension. Marija dealt with my case and I found her very professional and experienced in dealing with my application. The care and attention to detail was exceptional. I would definitely recommend Reiss Edwards!".

Quintus Liu

"Knowledgeable, experienced, and relatable. Translated a complex process into steps that are easy to follow. Cruised to 3 successive wins on my Tier 1 graduate/entrepreneurship visa which allowed us to play our part in making the UK a better and healthier place!".

Khasan Vosijonov

"Thank you, Ms. Anna Foley! I am writing this with tears of joy.

As a family, we are all grateful to Anna Foley and her firm Reiss Edwards, for doing all the hard work and giving us the best support. Finally We found the best law firm".

Saira Lawson-Brown

"Highly professional organisation and really supportive solicitors. Ina Iteva the solicitor that was provided to us was a blessing in disguise, as our first solicitor was let go off due to pandemic. She was so supportive and understanding throughout the process, and my husband spouse visa was granted due to their effort and attention to detail. We constantly try to keep in touch with her and consider her as more of a friend now than a solicitor. Sure, to bother her and the firm more in the future".

Nora Nkechi

"My Tier 1 Investor Visa was dealt with quickly and without issue. Would recommend Reiss Edwards as an Immigration law firm in London. Thank you to the team".

Deepak Chartbhurjh

"This is the only firm that i spoke with that didn't ask for money before listening to me, will be using them again. I used Reiss Edwards for my Tier 2 visa application and it was successful. The team was ever present and happy to answer my question. The caseworker that dealing with my case went on holiday yet by case did not suffer one bit. Another lawyer stepped and took over the case without any hassle".

Hakeem Salam

"I used Reiss Edwards immigration lawyers to assist with my immigration matter and that of my family. It was an EX1 application. They dealt with the matter properly and even when complications were coming up from the Home Office, they helped resolve the issue properly. They are very professional and are very popular in London. I am happy to have worked with them".

Top Notch Immigration Service

"Reiss Edwards is a top notch immigration service company. The way they handled our documentation and also the list of documents they sent was efficient and top quality. They helped us professionally throughout the process. We are very happy with the immigration advice we received from the team. We highly recommend them".

Mo Hussein

"I have been using Reiss Edwards for three years now for my family's immigration application. Both for my initial application and extension. They are really affordable. The team of solicitors at this firm are probably one of the most efficient and economical in terms of cost. They offered free advice over the phone and spent good time with us before inviting us for consultation".

Gallagher Jones

"I contacted Reiss Edwards to help me with my wife's UK settlement visa. They acted with utmost professionalism throughout the entire application. I spoke with Joe Dinh, he is an immigration solicitor and he is one of the best solicitors out there. He ensured that there was little to no room for error. At some point I thought he was over cautious. He remained calmed and continued to assure us on our immigration matter. Most people in his position would have panicked but he was calmed and continued to assure us. We received out positive outcome very quickly".

Richard Stone

"I have just had British Citizenship application approved. Prior to making the application, I was not sure which law firm i should hire to facilitate the paperwork. After a few hours of research, i decided to go with Reiss Edwards and i must confess that I wasn't disappointed. The immigration lawyers at Reiss Edwards handled my case well and they really knew what they were doing. They were fully aware of what documents I needed and it was easy for them to tell if my case was going to be easy or not. At the end of the day, I have not received my British citizenship within 3 months. If anyone is looking for a good immigration lawyer to handle their case, contact Reiss Edwards".

Fong Li

"Investing over 2 million pounds is definitely not a routine decision. We had to make sure that the Tier 1 investor immigration lawyers that we'd be picking has to be one of the best within the Tier 1 investor category. We contacted Reiss Edwards and they were able to get us not only the Tier 1 investor visa but also suggested profitable investment portfolios in addition to what we already had in mind".

Nancy Jacquard

"It's a shame that you don't have an 'Excellent' star rating on here, as my experience with Reiss Edwards is nothing short of an excellent rating. They handled my application for an Indefinite Leave to remain in April 2014 and did my husband's one very recently including my daughter. Every time i have approached them, they have continued to treat me with courtesy, respect and patience. Amar was indeed a very thorough and professional gentleman. He is very knowledgeable, corporative and engaging. He responded to my emails, calls and enquiries promptly. He was always reassuring. I could not have asked for a better Immigration service. I would recommend them over and over again for anyone looking for an immigration advice. They gave me a free immigration advice when i called them, and the quality of the advice was something other charge thousands for. If you need a particular, name, Amar would be it. He exemplifies, for me, the true, professional gentleman. He is a valuable asset to Reiss Edwards".

Florence Giwa

"I am glad that i instructed Reiss Edwards on my visa matter. It started with a 20 minutes free immigration advice. I met with Amar to discuss my ILR refusal. He gave me a great deal of quality advice and decided to take on my messy case. I had doubts on the merits of my case by he was relatively convinced he could win it. That made me quite secure. To be honest, things did not start as quick as I would have wanted, but they kept on communicating the process and state of things to me.A big thank you to Verusha and Foram. They were also very helpful. Brilliant and informative. Their fee was fair and reasonable, especially if you compare them to other law firms and immigration law firms in London; some of whom even told me that i would not be able to get an indefinte leave to remain in this country. The process was long but was worth it. In the end, a big thank you to Reiss Edwards".

Salisu Ibrahim

"Fantastic Solicitors!!! My wife's spouse visa extension application was refused by the Home Office and they gave her 14 days to leave the country. We contacted Reiss Edwards and they said "OK don't worry we will sort this out". They put together the list of documents for me to obtain and they prepared a bundle which was as thick as the printer it came out from.We followed everything they asked us to do and in the end we won our appeal and got our spouse visa. We can't recommend them enough and we have promised ourselves never to make any more UK visa applications without them".

Amir Sandeep

"The team of lawyers at Reiss Edwards are very professional and friendly people. Their experience in and around UK immigration law is quite extensive; be sure that you application is in safe and competent hands. My immigration matter was an indefinite leave to remain application based on Tier 1 on a self-employment basis. The immigration lawyers at Reiss Edwards made sure that the application was perfect and ready to be accepted. I got a positive decision and I recommend them highly for anyone who needs a UK immigration help".

Reiss Edwards Reviews

O.L

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