Business News

MPs urge Chancellor to extend job retention scheme

18 Sep 2020

MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme (CJRS) to help avoid mass redundancies.

FCA confirms support for mortgage borrowers

17 Sep 2020

The Financial Conduct Authority (FCA) has confirmed future support for mortgage borrowers if they continue to face payment difficulties due to the coronavirus (COVID-19).

HMRC urges VAT-registered businesses to prepare for Brexit trading changes

16 Sep 2020

HMRC has written to VAT-registered businesses that trade with the EU outlining how they should prepare for Brexit trading changes set to take effect from 2021.

Private pension withdrawal age to be raised

15 Sep 2020

The Treasury has confirmed that the minimum age for private pension withdrawals will increase from 55 to 57 in 2028.

CBI warns of rocky road despite July economic growth

14 Sep 2020

The Confederation of British Industry (CBI) has warned that the UK economy still faces a 'rocky road back to normality' despite GDP growth in July.

Lockdown grants welcome but more support needed, say business groups

11 Sep 2020

The government's announcement of new cash grants for businesses affected by local lockdowns has been welcomed by business groups, including the Confederation of British Industry (CBI) and the Federation of Small Businesses (FSB).

IoD urges government to extend coronavirus insolvency measures

10 Sep 2020

The Institute of Directors (IoD) has called for the government to extend emergency coronavirus (COVID-19) insolvency measures to prevent company collapses and job losses.

Up to £3.5 billion in furlough payments fraudulent, HMRC finds

09 Sep 2020

HMRC has revealed that almost £3.5 billion in Coronavirus Job Retention Scheme (CJRS) payments have been claimed fraudulently or paid out in error.

FSB urges government to provide Brexit transition vouchers

08 Sep 2020

The Federation of Small Businesses (FSB) has urged the government to provide small businesses with Brexit transition vouchers as the latest round of withdrawal talks commences.

Treasury publishes consultation on VAT refund scheme

07 Sep 2020

The Treasury has published a consultation on reforms to the VAT refund rules.

Tax hike for freelancers would be unjust, claims IPSE

04 Sep 2020

Chancellor Rishi Sunak's plan to raise the national insurance contributions (NICs) paid by self-employed workers would be unjust, the Association of Independent Professionals and the Self-Employed (IPSE) has claimed.

Research reveals 800,000 workers being 'under-enrolled' in pension schemes

03 Sep 2020

Research carried out by the Resolution Foundation has revealed that 800,000 workers are being 'under-enrolled' in company pension schemes and are not receiving their legal employer pension contributions.

Kickstart Scheme opens for applications

02 Sep 2020

The government's £2 billion Kickstart Scheme is now open for employer applications.

UK plastic bag tax charge to be doubled and extended to all retailers

01 Sep 2020

The fee for plastic shopping bags in England will be doubled to 10p and extended to all shops from April 2021.

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