• Businesses in Tier 4: Government must take another look at support

    Businesses in Tier 4: Government must take another look at support

    The Confederation of British Industry (CBI) has urged the government to take a fresh look at the support it provides for businesses now under Tier 4 restrictions. Prime Minister Boris Johnson announced new Tier 4 restrictions for London, the South East and East of England amid a surge in coronavirus (COVID-19) cases and alarm about […]

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  • Remain vigilant when making festive charitable donations

    Remain vigilant when making festive charitable donations

    Action Fraud has warned the public to remain vigilant when making festive charitable donations as the number of scams rises. Figures published by Action Fraud showed that £350,000 in festive charitable donations ended up with criminals over the Christmas period in 2019. It warned that fraudsters often set up fake charities or impersonate well known […]

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  • Economic recovery stalls as UK growth slowed in October

    Economic recovery stalls as UK growth slowed in October

    The UK economy grew by just 0.4% in October as the economic recovery continued to slow, according to the latest figures from the Office for National Statistics (ONS). However, the economy remains well below the size it was before the coronavirus (COVID-19) pandemic began, the ONS added. The UK has been recovering from a record […]

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  • Monthly deadline approaching for furlough claims
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    Monthly deadline approaching for furlough claims

    HMRC has reminded employers that there are now monthly deadlines for furlough claims for staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor Rishi Sunak extended the CJRS until the end of March 2021. The CJRS was supposed to have ended after being scaled back to cover 60% of salaries during October. However, following the […]

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  • Brexit changes: Businesses have ‘insufficient information'

    Brexit changes: Businesses have ‘insufficient information’

    An analysis carried out by the British Chambers of Commerce (BCC) has suggested that businesses lack detailed official information on the rules that are set to take effect once the Brexit transitional period ends on 31 December. The BCC found that businesses have insufficient information in regard to 24 critical areas. This is ‘undermining their […]

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  • Third SEISS grant opens as IPSE issues warning

    Third SEISS grant opens as IPSE issues warning

    The third SEISS (Self-Employment Income Support Scheme) grant opens for applications today (30 November). To qualify for SEISS grant, businesses must be adversely affected due to the coronavirus (COVID-19). They must either be currently trading but be impacted by reduced demand or have been trading but be temporarily unable to do so due to COVID-19. […]

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  • Chancellor presents Spending Review
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    Chancellor presents Spending Review

    On 25 November Chancellor Rishi Sunak delivered his latest Spending Review to the House of Commons. Stating that the coronavirus (COVID-19) pandemic has caused ‘lasting damage’ to the UK economy. The economy is forecast to shrink by 11.3% this year and is not expected to return to its pre-pandemic size until the end of 2022. […]

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  • Real Living Wage increases across the UK

    Real Living Wage increases across the UK

    The Real Living Wage (RLW) has increased to £9.50 per hour across the UK. The Living Wage Foundation, the charity which sets the voluntary wage, has raised the national RLW rate by 20p to £9.50 an hour. The London RLW has risen by 10p to £10.85 per hour. The increase will benefit over 250,000 people working for almost 7,000 […]

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  • Bounce Back Loan: Over £1 billion worth of fraudulent

    Bounce Back Loan: Over £1 billion worth of fraudulent

    The Public Accounts Committee (PAC) identified more than £1 billion worth of fraud in the government’s coronavirus (COVID-19) Bounce Back Loan Scheme (BBLS) during the first six months of the scheme being in operation. In a letter to the PAC, which has been looking at the operation of the Bounce Back Loan Scheme, Catherine Lewis […]

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  • Furlough scheme extended until end of March

    Furlough scheme extended until end of March

    Chancellor Rishi Sunak has extended the furlough scheme, officially known as the Coronavirus Job Retention Scheme (CJRS) until the end of March 2021. The CJRS was supposed to have ended after being scaled back to cover 60% of salaries during October. However, on 31 October Prime Minister Boris Johnson announced a new national lockdown for […]

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