Off-payroll extension may be delayed until 2023

MPs are reportedly set to vote on delaying the extension of off-payroll working rules to the private sector until 2023/24. The House of Commons will vote on whether or not to amend Finance Bill 2019-21, exactly two months after announcing a one-year delay. Off-payroll...

COVID-19 puts economy into ‘significant recession’

The UK economy contracted at the fastest rate since 2008 in March 2020, with gross domestic product (GDP) down 5.8%. Figures from the Office for National Statistics (ONS) also showed the economy shrank by 2% in the first three months of 2020. Lockdown measures were...

Govt. clarifies guidance on returning to work

The Department for Business, Energy and Industrial Strategy has issued new guidance to help workers and employers return to work safely. Prime Minister Boris Johnson advised workers in the construction and manufacturing sectors in England to return to work on 13 May...

Businesses want clarity before returning to work

Business groups are calling on the Government to clarify a conditional plan to ease lockdown restrictions in England. Prime Minister Boris Johnson revealed a new COVID-19 alert system with five levels would dictate how quickly lockdown restrictions could be lifted. In...

UK economy ‘could shrink by 14%’ in 2020

The UK could be set for the deepest economic recession since records began, according to estimates by the Bank of England. The Bank published its quarterly monetary policy reporton 7 May 2020, in which it set out a "plausible illustrative scenario" to show the impact...