Feb 5, 2021 | Current Affairs
The Treasury has revealed UK firms have now borrowed more than £71 billion from the Government’s COVID-19 lending schemes.In total, the schemes have supported over 1.5 million businesses across the UK affected by the pandemic.Some 87,529 firms have been supported by...
Feb 4, 2021 | Current Affairs
Around 1.8 million taxpayers failed to submit their self-assessment tax returns by the deadline of 31 January 2021, according to HMRC.Despite missing the deadline, those with late tax returns will not be charged a late filing penalty, provided they submit their return...
Feb 3, 2021 | Current Affairs
The Confederation of British Industry (CBI) has called on the Government to work with firms to publish a roadmap out of the latest COVID-19 lockdown in England.With the Government set to publish its exit strategy in late February, the CBI has said it is already...
Feb 1, 2021 | Current Affairs
The British Chambers of Commerce (BCC) has called on the Government to keep the coronavirus job retention scheme running into summer.The news comes as HMRC reported around four million UK workers were furloughed at the end of December, as a result of the COVID-19...
Jan 29, 2021 | Current Affairs
More than 900,000 businesses are at risk of failing by April as a result of the COVID-19 pandemic, according to a new report by the London School of Economics (LSE).The LSE has predicted a “major wave” of bankruptcies for UK firms, as a result of current business...
