Jun 16, 2021 | Current Affairs
Over £1 billion of fraudulent or mistakenly claimed furlough cash is set to be recovered over the next two years, HMRC has said. The announcement comes after HMRC chief Jim Harra said in September last year that the amount of false furlough claims could amount to as...
Jun 15, 2021 | Current Affairs
Chancellor Rishi Sunak has rejected calls for an extension to the furlough scheme and business rates relief, despite COVID-19 restrictions extending by a month. The temporary social security scheme is set to begin phasing out from 1 July and end completely on 30...
Jun 14, 2021 | Current Affairs
The cost of renting grew at a record rate last month amid huge spikes in house prices, but regardless, renting is now cheaper than buying a house. The average cost of a rented home in Britain jumped to £1,054 per month in May, up 7.1% on the same month last year...
Jun 11, 2021 | Current Affairs
The Office for National Statistics estimates that GDP grew by 2.3% in April this year as Government restrictions continued to cease, causing the fastest monthly growth since July 2020. Data shows that GDP in April was still 3.7% below the national output seen in...
Jun 4, 2021 | Current Affairs
The Treasury has said that its plan to protect jobs during the pandemic "is working" as furlough numbers have fallen to their lowest levels this year according to official figures. Around 1.3 million fewer people accessed the scheme in March and April, bringing the...
