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Business News

CBI warns of rocky road despite July economic growth

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. The UK economy grew by…

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14/09/2020
Business News

Lockdown grants welcome but more support needed, say business groups

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…

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11/09/2020
Business News

IoD urges government to extend coronavirus insolvency measures

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. Directors have a duty to cease…

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10/09/2020
Business News

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

HMRC has revealed that almost £3.5 billion in Coronavirus Job Retention Scheme (CJRS) payments have been claimed fraudulently or paid out in error. HMRC told the Public Accounts Committee (PAC)…

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09/09/2020
Business News

FSB urges government to provide Brexit transition vouchers

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. The business group called…

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08/09/2020
Business News

Treasury publishes consultation on VAT refund scheme

The Treasury has published a consultation on reforms to the VAT refund rules. Under the current VAT rules, government departments, devolved administrations, the NHS and Highways England are eligible for…

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07/09/2020
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