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Business News

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Business News

FCA confirms support for mortgage borrowers

The Financial Conduct Authority (FCA) has confirmed future support for mortgage borrowers if they continue to face payment difficulties due to the coronavirus (COVID-19). The regulator has published finalised guidance…

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17/09/2020
Business News

HMRC urges VAT-registered businesses to prepare for Brexit trading changes

HMRC has written to VAT-registered businesses that trade with the EU outlining how they should prepare for Brexit trading changes set to take effect from 2021. The letters have been…

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16/09/2020
Business News

Private pension withdrawal age to be raised

The Treasury has confirmed that the minimum age for private pension withdrawals will increase from 55 to 57 in 2028. Pension reforms made under Chancellor George Osborne meant private savers…

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15/09/2020
Business News

CBI warns of rocky road despite July economic growth

The Confederation of British Industry (CBI) has warned that the UK economy still faces a 'rocky road back to normality' despite GDP growth in July. The UK economy grew by…

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14/09/2020
Business News

Lockdown grants welcome but more support needed, say business groups

The government's announcement of new cash grants for businesses affected by local lockdowns has been welcomed by business groups, including the Confederation of British Industry (CBI) and the Federation of…

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11/09/2020
Business News

IoD urges government to extend coronavirus insolvency measures

The Institute of Directors (IoD) has called for the government to extend emergency coronavirus (COVID-19) insolvency measures to prevent company collapses and job losses. Directors have a duty to cease…

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10/09/2020
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