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Business News

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Business News

Start of new tax year ushers in raft of fiscal changes

The 6 April start of the new tax year saw important fiscal changes come into effect, including the changes to the deadline for sellers of residential property who are liable…

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07/04/2020
Business News

Business groups respond to Chancellor’s overhaul of business loan measures

Business groups, including the Confederation of British Industry (CBI), the Federation of Small Businesses (FSB) and the British Chambers of Commerce (BCC) have responded to Chancellor Rishi Sunak's overhaul of…

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06/04/2020
Business News

Chancellor announces changes to Business Interruption Loan Scheme

On 3 April, Chancellor Rishi Sunak announced changes to the COVID-19 Business Interruption Loan Scheme following criticism that businesses have struggled to access loans. The Business Interruption Loan Scheme was…

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06/04/2020
Business News

Majority of UK firms have less than three months’ cash reserves

A significant number of UK firms face the prospect of running out of cash within three months, according to a survey carried out by the British Chambers of Commerce (BCC).…

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03/04/2020
Business News

Major UK banks will pay no dividends or bonuses this year

The seven largest banks in the UK have agreed to the proposal put forward by the Prudential Regulation Authority (PRA) that they suspend dividends and bonuses until the end of…

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03/04/2020
Business News

Government publishes details on coronavirus grant schemes for small businesses

The government has published details on the COVID-19 support schemes for small businesses and retailers. The Small Business Grant Fund (SBGF) was announced in the 2020 Budget, alongside the Retail,…

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02/04/2020
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