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22 Oct 2020

Help us understand your knowledge and preparedness for SCA by completing the following anonymous survey before 27th October

21 Oct 2020

Earlier today Pennine Cycles, Sound Records Stroud and Nourish Zero Waste appeared on Sky News' Ian King show in support of today's Best Small Shops Competition 2020 shortlist announcement!

21 Oct 2020

Due to the high number of excellent quality entrants this year there has been a total of 30 shops announced in the running to be named Winner, Runner Up or Most Innovative Business During COVID-19.

20 Oct 2020

The ACT has restructured to be bigger, better and more value for money

19 Oct 2020

Maybe* has gathered 14,000 answers from across the UK to understand what shoppers want from retail over Christmas 2020

8 Oct 2020

Maybe* is an engagement and insight platform that helps businesses to deliver exceptional social media experiences that deliver business results

7 Oct 2020

Global Payments have provided an update on Strong Customer Authentication, and as the payments industry continues to prepare withinthe current climate, the regulatory timescales have now...

6 Oct 2020

Watch the latest #BikeIsBest film to see the headline figures on the campaign's reach and success.

5 Oct 2020

The single-use plastics ban has now come into effect in England as part of Government's 25 Year Environment Plan.

30 Sep 2020

There is an official form you can send to your credit company to claim back for your dropped credit score

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Businesses with a credit rating drop since COVID-19 can now make a claim to their insurers

Posted on in Business News , Cycles News , Political News

Many businesses, suppliers in partcalculator-icular, have found that their credit rating has been dropped since COVID-19.

There is an official form you can send to your credit company to claim back for your dropped credit score. An example can be seen here, although each provider will have their own version.

Your claim will be that you believe the government system to help businesses (Government Protection for Trade Credit Insurance) covers you. They are duty bound to act on this request.

To claim you must have been feasible pre-covid, your cover should be given back and should the worse happen and your business fails, the government will cover the liability.

The government are guaranteeing support until the end of December, but are discussing plans to extend until end of March 2020.

Should you need any help in acquiring the form from your insurers or are finding it difficult to get in touch with them members are asked to contact Graham Walsh (Graham.Walsh@abi.org.uk) and Ben Leich (Benjamin.Leich@beis.gov.uk) with details of the refusals or pushback that you're receiving from insurance providers.

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