Businesses that have been affected by the COVID-19 pandemic and are seeking to make use of the VAT deferral have been urged to cancel their direct debits 'as soon as…
On the 26 March, Chancellor Rishi Sunak announced a scheme to help self-employed workers who have been hit by the COVID-19 crisis. Under the scheme the government will pay self-employed…
The Pensions Regulator (TPR) has warned that pensions are at 'increased risk of being targeted by scammers' during the COVID-19 pandemic. In a message to trustees, the TPR said: 'Savers…
British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and financial regulators have urged. Chancellor of the Exchequer Rishi…
Trade association UK Finance has announced that from 1 April the spending limit for contactless card payments will rise from its current level of £30 to £45. The decision to…
The UK economy is facing its worst recession in modern history after the coronavirus (COVID-19) caused a 'sharp slowdown', according to the latest Purchasing Managers' Index (PMI) survey from data…