It has become customary in these Covid-blighted days to preface any business-focused opinion piece with a tip of the hat towards the Chancellor Rishi Sunak and the work the Treasury has done to support small and medium sized businesses through its various loans and business continuity schemes.

But one measure which the Treasury is planning threatens to undermine all of that support by making it harder for struggling businesses to stay afloat, and even risks a flurry of unnecessary insolvencies before the year is out.

Most alarming of all, it is a measure of which, I fear, too few business owners are aware.