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Business News

UK economy set to experience ‘deepest recession in living memory’

The UK economy is set to experience the 'deepest recession in living memory', according to a survey carried out by IHS Markit. The survey suggested that UK GDP could decrease…

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06/05/2020
Business News

FCA seeking legal clarity on business interruption insurance

The Financial Conduct Authority (FCA) is seeking legal clarity around some aspects of business interruption (BI) insurance. The FCA is taking action in response to widespread concerns and uncertainty about…

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05/05/2020
Business News

Over 110,000 businesses apply for Bounce Back loans on day one

More than 110,000 small businesses applied for a Bounce Back loan on 4 May, the first day the scheme was available. Banks providing the loans said they had approved the…

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05/05/2020
Business News

TPR calls for trustees and employers to ‘work together to protect savers’

The Pensions Regulator (TPR) has urged trustees and employers to 'work together' in order to protect savers and manage the immediate effects of the coronavirus (COVID-19) pandemic. In its latest…

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04/05/2020
Business News

Government changes ISA rules to help individuals affected by coronavirus

The government has altered the Lifetime ISA rules to help those adversely affected by the coronavirus (COVID-19) pandemic. Individuals who wish to access their Lifetime ISA funds early will no…

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04/05/2020
Business News

Business leaders eager for lockdown to ease, says IoD

According to the Institute of Directors (IoD), business leaders are eager for information on how and when the coronavirus (COVID-19) lockdown will ease as fears grow over the long-term outlook…

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01/05/2020
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