Nov 5, 2020 | Current Affairs
The Bank of England (BoE) has announced it will put an extra £150 billion into the UK economy as England begins a second lockdown.In its latest report on the UK’s economic outlook, the Bank’s monetary policy committee (MPC) warned there are signs that consumer...
Nov 4, 2020 | Current Affairs
Mortgage payment holidays are being extended for homeowners financially affected by the COVID-19 pandemic. The Financial Conduct Authority (FCA) is proposing to extend the availability of payment deferrals for borrowers who are experiencing financial difficulties due...
Nov 3, 2020 | Current AffairsGovernment Announcements
The self-employed can claim up to 80% of trading profits during the initial month-long lockdown in England, Chancellor Rishi Sunak has confirmed. The third taxable grant available through the self-employed income support scheme (SEISS) was originally set to cover 40%...
Nov 2, 2020 | Current AffairsGovernment Announcements
The Government has extended its furlough scheme for a month, as England prepares to re-enter lockdown for a second time. Hours before the furlough scheme was due to end, the Government abandoned plans to introduce the job support scheme on 1 November 2020. Instead,...
Oct 29, 2020 | Current Affairs
The Government should consider reducing the business rates multiplier and targeting specific support at the hardest-hit industries, according to a professional accountancy body. A study from the Institute of Chartered Accountants in England and Wales (ICAEW) found 31%...
