Aug 2, 2021 | Current Affairs
Around one in five businesses are likely to make redundancies in response to changing furlough rules, according to the British Chambers of Commerce (BCC). From 1 August 2021, businesses are required to contribute 20% of their furloughed staff's wages, up from 10% in...
Jul 30, 2021 | Current Affairs
Net mortgage borrowing reached a record high of £17.9 billion in June 2021 as homebuyers looked to take full advantage of the stamp duty land tax holiday just before it began to taper off in July. The previous peak was in March, when buyers tried to beat the initial...
Jul 29, 2021 | Current Affairs
More than half (53.4%) of UK businesses say they are confident they will meet their debt obligations, despite just under half saying their debt repayments had increased. New data from the Office for National Statistics found that 23.5% of businesses are moderately...
Jul 28, 2021 | Current Affairs
The Department for Work and Pensions (DWP) paid £87.9 million to HMRC following a review of its IR35 compliance procedures, which found the department had incorrectly assessed the employment status of some of its contractors over several years. The DWP reported the...
Jul 27, 2021 | Current Affairs
Retail sales volumes increased by 0.5% between May and June 2021, and were up 9.5% when compared to their pre-pandemic levels in February 2020, figures from the Office for National Statistics (ONS) show. Total turnover increased by 1.6% between May and June,...
