Business News

Government publishes revised Coronavirus Job Retention Scheme legislation

27 May 2020

The government recently published revised legislation on the Coronavirus Job Retention Scheme (CJRS).

Changes to insolvency and company law to take effect

27 May 2020

The government has made changes to insolvency and company law as a result of the coronavirus (COVID-19) pandemic.

Government borrowing at record high, data reveals

26 May 2020

Data published by the Office for National Statistics (ONS) has revealed that government borrowing reached a record high of £62 billion in April following heavy spending as a result of the coronavirus (COVID-19) pandemic.

Survey suggests one in ten firms cannot implement coronavirus guidance safely

26 May 2020

A survey carried out by the British Chambers of Commerce (BCC) has suggested that one in ten UK businesses feel they cannot implement government coronavirus (COVID-19) guidance safely.

IPSE urges government to extend self-employed support scheme

22 May 2020

The government is being urged to extend its COVID-19 Self-employment Income Support Scheme (SEISS) for as long as self-employed individuals require it.

UK sets out post-Brexit tariff regime

22 May 2020

The UK government has published its plans for a new import tariff regime following the end of the Brexit transition period.

Future Fund launches to give start-ups coronavirus support

21 May 2020

The government has launched its Future Fund package, which aims to support start-up businesses not eligible for other coronavirus (COVID-19) rescue measures.

Inflation rate falls to lowest level since August 2016

21 May 2020

The UK's inflation rate fell to its lowest level since August 2016, data published by the Office for National Statistics (ONS) has revealed.

Government set to launch Coronavirus Statutory Sick Pay Rebate Scheme

20 May 2020

The government is set to launch an online service to allow employers to recover the Statutory Sick Pay (SSP) payments they have made to their employees during the coronavirus (COVID-19) pandemic.

Treasury confirms tax exemption for reimbursed home office expenses

20 May 2020

The Treasury has confirmed that a temporary tax exemption for coronavirus (COVID-19)-related reimbursed home office expenses has taken effect.

CMA urges government to introduce emergency laws to prevent price hikes

19 May 2020

The Competition and Markets Authority (CMA) has called on the government to introduce emergency laws to stop retailers from hiking prices.

Loan size increased to £200 million under large business interruption scheme

19 May 2020

The government is extending the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200 million.

CBI concerned about lack of Brexit progress

18 May 2020

The Confederation of British Industry (CBI) said it is concerned by the lack of progress in the Brexit talks between the UK and the EU.

BCC survey suggests firms ready for gradual reopening of UK economy