Business news

COVID-19 prompts upturn in savings habits

03 Jul 20

More households are ‘saving for a rainy day’.

First round of SEISS grants to end next week

02 Jul 20

The self-employed urged to double-check eligibility.

Businesses expect annual turnover to fall

01 Jul 20

Large study shows impacts of COVID-19.

UK economy fared worse than feared in Q1

30 Jun 20

ONS revises down its previous estimate by 0.2%.

Late payments crisis deepens during lockdown

29 Jun 20

Group claimed big firms withheld or froze payments.

House sales fell by 50% in May 2020

26 Jun 20

46,230 homes sold as COVID-19 restrictions impact the housing market.

Treasury lending to businesses passes £40bn

25 Jun 20

Nearly a million firms in COVID-19 debt.

COVID-19 scam offers fake business grants

24 Jun 20

Fraudsters target retail, hospitality and leisure firms.

Javid calls for business taxes to be cut

23 Jun 20

Temporary tax cuts may be revealed in July.

MPs call for easing of re-enrolment rule

22 Jun 20

Many workers opted-out during COVID-19 crisis.

Firms urged to reinstate VAT direct debits

19 Jun 20

The VAT deferral period ends on 30 June 2020.

Employers ask a third of furloughed staff to work

18 Jun 20

Firms set to have 30 days to confess from July.

SMEs cite labour costs as barrier to growth

17 Jun 20

Business group calls for new measures.

ISA rates slump to record lows

16 Jun 20

Providers pull 329 products in six months to June.

Treasury may consider temporary cut to VAT

15 Jun 20

Pressure on the Chancellor to follow Germany’s lead.

UK economy fell by a fifth in April

12 Jun 20

Unparalleled figures recorded as a result of lockdown.

Tax and NICs warning for SEISS recipients

11 Jun 20

“HMRC needs to publicise grants are taxable”.

More than 1 in 4 employees on furlough

10 Jun 20

Job retention scheme costs soar to £19.6bn.

Reverse charge VAT for builders delayed again

09 Jun 20

COVID-19 restrictions trigger a five-month delay.

Employers in furlough scheme cut-off warning

08 Jun 20

Tax group warns employers of cliff-edge.

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