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Business News

Government coronavirus schemes ‘failing to provide support’, BCC finds

The coronavirus (COVID-19) schemes announced in Chancellor Rishi Sunak's Summer Economic Update are failing to provide the support businesses need, according to the Coronavirus Business Tracker published by the British…

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11/08/2020
Business News

Bounce Back loans average 87,000 approvals a week since launch

Lenders have approved an average of 87,000 Bounce Back loans every week since the scheme was launched on 4 May, according to the latest figures from the Treasury. The Bounce…

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10/08/2020
Business News

ICAEW warns taxpayers have 90 days to notify HMRC of overclaimed COVID-19 grants

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned taxpayers that they have 90 days to notify HMRC of overclaimed coronavirus (COVID-19) grants. The 90-day period to…

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07/08/2020
Business News

Government further extends Tax-Free Childcare scheme as result of coronavirus

The government has further extended Tax-Free Childcare (TFC) to 31 October 2020 for parents who may have fallen below the minimum income requirement as a result of the coronavirus (COVID-19)…

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07/08/2020
Business News

Bank of England holds rates as economy set for record slump

The Bank of England (BoE) left interest rates unchanged at 0.1% as it predicted a record slump for the UK economy due to the coronavirus (COVID-19) pandemic. The BoE's Monetary…

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06/08/2020
Business News

Ensure interaction between VAT and Eat Out to Help Out is understood, ICAEW urges

The Institute of Chartered Accountants in England and Wales (ICAEW) has urged businesses to ensure that they understand the interaction between VAT and the government's Eat Out to Help Out…

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06/08/2020
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