COVID-19 loans hit total value of £80 billion

Businesses claimed a total of £79.3 billion in government-backed loans designed to support them during the pandemic, restrictions and lockdowns, data published by the Treasury reveals. Out of 2.35 million applications for the Government's three flagship support loans,...

Employers start contributing to furlough payments

The furlough scheme has started to wind down as employers start shouldering more of the cost of furloughed employees' wages. With around 1.5 million workers still on furlough, the change will affect thousands of employers across the UK. Staff will continue to receive...

Research reveals increase in cryptoasset ownership

Research published by the Financial Conduct Authority (FCA) estimates that 2.3 million adults in the UK now hold cryptoassets, up from 1.9m last year, and that more people are enthusiastic about them. More people have also heard of cryptoassets, with 78% of adults...

Majority of home workers want hybrid return to the office

Moving forward, 85% of adults working from home because of pandemic restrictions want to use a hybrid approach to work, working from both their home and office. A general trend emerged in the Office for National Statistics' findings, with a higher proportion of higher...