State aid refers to money provided directly to the business from the public purse i.e. any regional, national or continental Governmental budget. Examples of this could be Government backed loans or EU grant funds.
But nearly one year in to the Covid crisis, the tables have been turned almost completely and there are few businesses that can say they have not been in receipt of one form of Government financial support or another.
A recent study by Citizens Advice suggests that the customers of Britain’s biggest mobile networks, EE, Three and Vodafone, continue to pay for handsets even after the true purchase cost has been paid off. The impact of the inflated charges means that customers could be up to £38 a month worse off, with many not […]
With the news full of questions about how Carillion continued to be awarded huge contracts despite multiple warning signs of financial failure, we look at what it takes to win the tendering game. In times of uncertainty in the wider economy the public sector can look like an attractive source of stable income and successive […]