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Business News

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Business News

British Business Bank warns of fraud risks with coronavirus business loans

The British Business Bank has warned of 'significant fraud risks' with coronavirus (COVID-19) business loans. The Bank recently published a letter to the Secretary of State for Business, Energy and…

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02/10/2020
Business News

Benefits-in-kind regime ‘not fit for purpose’, says ICAEW

The Institute of Chartered Accountants in England and Wales (ICAEW) has suggested that the current benefits-in-kind (BiK) system is 'not fit for purpose' for a post-coronavirus (COVID-19) world. Taking into…

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01/10/2020
Business News

Criminals exploiting coronavirus pandemic, trade association warns

UK Finance is warning that criminals have been exploiting and adapting to the coronavirus (COVID-19) pandemic, with a growth in fraud and scams that target people online. The trade association's…

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30/09/2020
Business News

Furlough scheme set to move into final month

The government's Coronavirus Job Retention Scheme (CJRS) moves into its final phase this October before a new scheme comes into force. The CJRS has supported more than nine million people…

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29/09/2020
Business News

Cyber security top risk for audit executives, research suggests

Research published by the Chartered Institute of Internal Auditors (Chartered IIA) has suggested that cyber security is the top corporate risk for audit executives. 79% of audit executives stated that…

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28/09/2020
Business News

Business groups welcome extended coronavirus support

Business groups have broadly welcomed the extended business support measures announced in the Chancellor of the Exchequer's Winter Economy Plan. Commenting on the Job Support Scheme, Dame Carolyn Fairbairn, Director-General…

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25/09/2020
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