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Business News

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Business News

Furlough scheme starts to wind down

The government's Coronavirus Job Retention Scheme (CJRS) begins winding down from 1 July. Around 1.5 million workers are still on furlough and the change will affect thousands of firms across…

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01/07/2021
Business News

13,000 investigations launched into COVID-19 support scheme fraud

HMRC has launched nearly 13,000 investigations into alleged abuse of the government's coronavirus (COVID-19) financial support schemes. A freedom of information request revealed that, up to the end of March…

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30/06/2021
Business News

CBI warns of ‘perfect storm’ of staff shortages

UK businesses face a 'perfect storm' of factors causing staff shortages, the Confederation of British Industry (CBI) has warned. The CBI highlighted issues ranging from the paradoxical effects of the…

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29/06/2021
Business News

Schemes create one stop shop for VAT on EU trade

Three schemes will be launched on 1 July to deal with VAT on business-to-consumer supplies of goods and services to EU customers. They are known as the 'Union', 'non-Union' and…

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28/06/2021
Business News

Flexible rail fares must be just the start of changes, says BCC

The British Chambers of Commerce (BCC) has welcomed the introduction of flexible season tickets for rail commuters but says more change is needed. The government says new national flexible rail…

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25/06/2021
Business News

Cash payments fell by over a third during 2020

The number of cash payments made in the UK fell by 35% during 2020, according to the latest figures from banking trade body UK Finance. However, cash remains the second…

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24/06/2021
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