Mar 25, 2020 | Current Affairs
Fraudsters are using the coronavirus outbreak as an opportunity to scam pension savers out of their retirement savings, according to a report. Action Fraud said there were 105 reports of coronavirus-related fraud since 1 February 2020, with total losses amounting to...
Mar 24, 2020 | Current Affairs
The Government could be set to extend urgent financial aid to the UK's five million self-employed workers in the coming days. Currently, sole traders can access £94.25 a week in universal credit benefits and defer their payments on account, due on 31 July, until 31...
Mar 23, 2020 | Current Affairs
The Government has announced a series of measures aimed to protect the jobs of those who are unable to work due to the coronavirus. A coronavirus job retention scheme will pay the wages of employees unable to work due to the COVID-19 pandemic. For the next three...
Mar 20, 2020 | Current Affairs
Small businesses that rely on credit, such as bank loans or overdrafts, have been boosted by the Bank of England's decision to reduce interest rates. In an emergency move to help firms deal with the coronavirus pandemic, rates were cut to 0.1%. Interest rates in the...
Mar 6, 2020 | Current Affairs
Chancellor Rishi Sunak is being urged to "stop endless rises in upfront costs that strangle businesses" ahead of next week's Spring Budget. The British Chambers of Commerce (BCC) wants the Chancellor to deliver a Budget to help businesses and entrepreneurs thrive...