There was more good news on the economy as we emerged from lockdown, with official figures showing UK borrowing had been slashed in July, compared with the same period last year.
Category Archives: Covid-19
Business plan for industry confidence when lockdown ends
One of the UK’s leading business organisations has launched a six-point plan, aimed at instilling confidence, ahead of the country opening up after months of lockdown.
HMRC opens 13,000 inquiries into potential Covid fraud
Tax investigators have opened nearly 13,000 probes into suspected fraud and other related breaches of the coronavirus support schemes.
UK set for a strong recovery from pandemic
The UK is predicted to bounce back strongly from the pandemic, with GDP growth of 8.2 per cent this year, according to an employers’ organisation.
Sunshine, football and good news for business
Businesses in the UK, hit by months of lockdown, can see light at the end of the tunnel, with good news on the jobs front and an economic boost from the good weather and European football.
Furlough fraud warning after arrests
Employers have been warned that businesses abusing the furlough scheme will face action from fraud investigators.
Government set to unveil £520 million ‘help to grow’ scheme for small businesses
The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs). Continue reading
Self-Employment: Government set to announce the fourth round of SEISS in Budget
The Chancellor, Rishi Sunak, is set to announce the fourth round of the Self-Employment Income Support Scheme (SEISS) at the Budget on 3 March, according to reports. Continue reading
Government urged to extend COVID business support measures
The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021. Continue reading
Insolvency: 900,000 UK businesses are ‘at risk’ of closure
One in seven UK businesses are ‘at risk’ of closure in the first half of 2021 with many coronavirus business support measures due to close in March and April, according to the latest research. Continue reading