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Fife space technology firm re-allocates personnel joins in coronavirus fight

A Fife-based space technology company has re-structured its manufacturing division and re-allocated personnel as it pivots to support the fight against covid-19.

Skyrora, which has been developing a launch vehicle for small satellites, successfully tested its new rocket engines in Fife in January.

New support for creative sector during COVID-19 outbreak

Creative Scotland has launched three funding programmes designed to provide further support to sustain the country’s creative community during the COVID-19 outbreak:

A Creative Scotland Bridging Bursary Fund will help sustain creative practice by freelance creative professionals who have lost earnings due to the cancelation of work as a result of COVID-19.

UK government unveils aid for self-employed

Self-employed workers will be able to apply for a grant of up to £2,500 a month to help them cope with the financial impact of coronavirus, the chancellor has announced.

The money will be paid in a single lump sum, but will not begin to arrive until the start of June at the earliest.

Plans for 80% wage subsidies for staff kept on by employers were announced last week.

Companies to receive 3-month extension period to file accounts during COVID-19

Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19.

COVID-19 BUSINESS RATES SUPPORT FOR FIFE BUSINESSES

Scottish Government Coronavirus Business Support Fund

Grant support is now available to help business deal with the impact of COVID-19. The purpose of these one-off grants is to help protect jobs, prevent business closure and promote economic recovery.

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