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Business News

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Business News

CBI urges government to publish roadmap out of lockdown

The Confederation of British Industry (CBI) has urged the government to work with businesses to formulate a roadmap out of the latest coronavirus (COVID-19) lockdown in England. The government expects…

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02/02/2021
Business News

Government announces £1,000 bonus to help businesses take on trainees

Employers can now apply for a £1,000 cash boost to help them take on new trainees, the government has announced. The new scheme will support young people to gain the…

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01/02/2021
Business News

Finance Secretary for Scotland outlines spending plans in 2021/22 Scottish Budget

On 28 January, Finance Secretary for Scotland, Kate Forbes, outlined plans for Scottish spending and taxation in the 2021/2022 Scottish Budget. In the Budget, Ms Forbes announced plans to continue…

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29/01/2021
Business News

More than 900,000 businesses ‘at risk of failing by April’, research warns

A report published by the London School of Economics (LSE) has warned that more than 900,000 businesses are at risk of failing by early April as a result of the…

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28/01/2021
Business News

UK tax system ‘discourages employment and investment’, IFS suggests

The Institute for Fiscal Studies (IFS) has suggested that the current UK tax system discourages employment, investment and corporate risk-taking and needs reform. Research carried out by the IFS suggested…

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27/01/2021
Business News

HMRC waives self assessment penalties for a month

Self assessment taxpayers will not be fined for late online returns if they file by 28 February, HMRC has said. More than 8.9 million taxpayers have already filed their tax…

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26/01/2021
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