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Business News

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Business News

Report finds young people most likely to lose job as result of coronavirus lockdown

A report published by think tank the Resolution Foundation has suggested that young people are most likely to lose their jobs as a result of the coronavirus (COVID-19) lockdown. Many…

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23/06/2020
Business News

Lenders grant 1.9 million mortgage deferrals

The UK's mortgage lenders have granted 1.9 million payment deferrals to customers impacted by the coronavirus (COVID-19), according to the latest figures from UK Finance. One in six mortgages are…

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22/06/2020
Business News

UK public calls for greater transparency on tax avoidance and evasion

According to an annual survey carried out by Fair Tax Mark, the UK public is using the coronavirus (COVID-19) lockdown to take 'decisive action' against tax avoidance practices. 79% of…

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22/06/2020
Business News

Bank of England announces £100 billion stimulus package for UK economy

The Bank of England has unveiled a £100 billion stimulus package to help boost the UK economy following the coronavirus (COVID-19) pandemic. The Bank's Monetary Policy Committee (MPC) voted to…

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19/06/2020
Business News

UK pushing for global digital tax despite US reservations

The UK is pushing for the introduction of a global digital tax despite the departure of the United States from international negotiations. The Treasury confirmed that the UK will push…

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19/06/2020
Business News

HMRC begins sending MTD for VAT ‘nudge’ letters to firms

HMRC has started to send Making Tax Digital for VAT (MTD for VAT) 'nudge' letters to firms it thinks should've signed up to the scheme but have not yet done…

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18/06/2020
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