David Kronenbourg
Well-Known Member
BA asking it's staff to take unpaid leave ranging from one month to one year. wtf
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Connaught Telegraph running a story that all schools to be closed from next Wednesday for up to three weeks (most already have Monday and Tuesday off for Patricks day).
Could be click bait! Pete, can you open a creche, please?
Like?Jesus, things are pretty bad in Italy right now. Have ye seen the stuff on twitter?
From that Italy twitter thread - they're triaging patients based on survival likelihood rather than need. Older patients are not being treated at all, because they want to focus resources on people who have a chance of making it.
See also here Coronavirus Update (Live): 116,707 Cases and 4,091 Deaths from COVID-19 Wuhan China Virus Outbreak - Worldometer ... in Italy 463 dead out 9172 cases. That's a 5% death rate, with another 733 people in serious/critical condition. Fuck me
The thing that really strikes me about the Italy stats in that link is that people aren't recovering. Of 9000 cases only 724 of them have recovered
It’s probably not the best time to be selling a business.
Minister Humphreys announces supports for businesses impacted by COVID-19
Tuesday, 10 March 2020 The Minister of Business, Enterprise and Innovation (DBEI), Heather Humphreys TD, today announced details on the package of supports she has put in place for businesses impacted by COVID-19.
Minister Humphreys said, “I know that this is a worrying time for businesses and I want to assure them that my Department and agencies are working on their behalf to develop and deliver a range of supports to help them through this rapidly evolving situation.
The Minister continued, “I am hearing from many businesses that they are very concerned about their cashflow in the coming weeks. I want to reassure them that there are a number of schemes that can help them meet their short-term working capital and liquidity needs.”
The Department of Business, Enterprise and Innovation have put a range of supports in place, including:
- A €200m Strategic Banking Corporation of Ireland (SBCI) Working Capital scheme for eligible businesses impacted by COVID-19. Loans of up to €1.5m will be available at reduced rates, with up to the first €500,000 unsecured. Applications can be made through the SBCI website Homepage - SBCI, Strategic Banking Corporation of Ireland - Small business. Big plans SBCI, Strategic Banking Corporation of Ireland
- A €200m Package for Enterprise Supports including a Rescue and Restructuring Scheme available through Enterprise Ireland for vulnerable but viable firms that need to restructure or transform their business.
- The maximum loan available from MicroFinance Ireland will be increased from €25,000 to €50,000 as an immediate measure to specifically deal with exceptional circumstances that micro-enterprises – (sole traders and firms with up to 9 employees) - are facing. Applications can be made through the MFI website Small Business Loans | Government Funded | No Hidden Fees Or Charges or through your local LEO.
- The Credit Guarantee Scheme will be available to COVID-19 impacted firms through the Pillar Banks. Loans of up to €1m will be available at terms of up to 7 years.
Minister Humphreys also highlighted the following supports for firms experiencing trading difficulties and short-term shocks:
- The Department of Employment Affairs & Social Protection and the Department of Business, Enterprise & Innovation will provide a joint First Responder support service through the Intreo Offices and development agencies, Enterprise Ireland and IDA Ireland in each region to provide tailored supports for impacted firms, with objective of avoiding mass lay-offs and buying time for firms to work through the short-term disruptions.
- Firms that need to reduce hours or days worked can avail of the Department of Employment Affairs and Social Protection Short Term Work Support by contacting their local Intreo Office, see Gov.ie - Short Time Work Support
- The full range of Enterprise Ireland, IDA Ireland, Local Enterprise Office and Údarás na Gaeltachta grant supports will be available to firms to help with strategies to innovate, diversify markets and supply chains and to improve competitiveness.
The Minister added, “We are facing an unprecedented level of uncertainty, and businesses may want to access advice on how best to protect their businesses. A Finance in Focus grant of €7,200 will be available to Enterprise Ireland and Údarás na Gaeltachta clients that want to access consultancy support to undertake immediate finance reviews.
In addition, Local Enterprise Offices in every county will be providing vouchers from €2,500 up to €10,000 (with 50:50 match funding) to support business continuity preparedness, innovation and productivity. I encourage businesses to take advantage of these supports.”
The Minister also welcomed the package of reforms for sick pay, illness benefit and supplementary benefit that is designed to ensure that employees and the self-employed can abide by medical advice to self-isolate where appropriate.
Minister Humphreys concluded, “This situation is changing from day to day, and I will continue to work across Government, with the representative bodies and with the banking system to respond to ongoing developments in order to protect and support Irish businesses”
The thing that really strikes me about the Italy stats in that link is that people aren't recovering. Of 9000 cases only 724 of them have recovered
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