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Business News

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Business News

UK economic recovery slowing even before new Covid-19 curbs

The UK's recovery from the Covid-19 lockdown was losing momentum even before the announcement of new restrictions to control the spread of the virus, according to the latest data. The…

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24/09/2020
Business News

Chancellor outlines Winter Economy Plan

A new emergency jobs scheme will be introduced to protect jobs during the coronavirus (COVID-19) downturn this winter, Chancellor Rishi Sunak has announced. The Jobs Support Scheme, which will replace…

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24/09/2020
Business News

Business groups call for more support following new restrictions

Following Prime Minister Boris Johnson's speech in which he outlined new coronavirus (COVID-19) restrictions for businesses in England, business groups have called for further government support. Commenting on the new…

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23/09/2020
Business News

NAO calls on Treasury to safeguard access to cash

The National Audit Office (NAO) has called on the Treasury to safeguard access to cash after the coronavirus (COVID-19) pandemic accelerated the transition to cashless payments. The NAO has warned…

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22/09/2020
Business News

UK businesses voluntarily return £215 million in furlough funds

HMRC data has revealed that UK businesses have voluntarily returned more than £215 million in overclaimed Coronavirus Job Retention Scheme (CJRS) payments. Around 80,433 firms have returned furlough funds they…

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21/09/2020
Business News

MPs urge Chancellor to extend job retention scheme

MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme (CJRS) to help avoid mass redundancies. The CJRS is set to be wound down in October and…

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18/09/2020
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