04 June, 2020 Resources
We welcome the announcement
Coface UK welcomes the announcement made by Her Majesty’s Government over a scheme that will support UK businesses through credit insurance. This agreement comes after weeks of intense discussions with the HMG and the Association of British Insurers over the best way to leverage the industry’s position to the benefit of the wider economy.
This scheme reflects similar state-backed support, currently being developed in other European countries and Canada, to help businesses to continue to benefit from protection. A key component of the scheme is to maintain (subject to normal underwriting practices) credit limits on buyers that are temporarily affected by the Covid-19 crisis and whose solvency would otherwise not be questioned. Maintaining cover as far as possible between suppliers and their clients will be a key ingredient in allowing the UK economy to overcome the challenges of the current crisis.
Related resources
Grow your business safely
Focus on sustainable growth. This is indisputably a tough time for business. Experts believe it will take years for the economy to recover from the shock of the pandemic and lockdown while there is continued uncertainty
02 December, 2020
ExpressECO
The COVID-19 pandemic has contributed to a unique set of circumstances weighing on the world economy, notably in terms of political risk. Julien Marcilly, Coface’s Chief Economist, presents some of our predictions for 2021,
27 November, 2020
Country & Sector Risk Barometer: Q3 2020 Quarterly Update
Similar to last quarter, the uncertainties surrounding the forecasts presented in this barometer are very high. They are primarily linked to the global health situation: since June, the pandemic has continued to gain momentum.
01 October, 2020