Jan 5, 2021 | Current AffairsGovernment Announcements
Businesses are to receive a one-off grant worth up to £9,000 as part of a £4.6 billion support package, Chancellor Rishi Sunak has announced.Sunak promised more funding to businesses in the retail, hospitality and leisure sectors after Prime Minister Boris Johnson...
Jan 4, 2021 | Current AffairsGovernment Announcements
A trade deal between the UK and the EU has been agreed, just days before the end of the transition period on 31 December 2020.The deal, which was announced by the UK Government on Christmas Eve, provisionally applies as of 1 January 2021.The deal covers future...
Dec 18, 2020 | Current AffairsGovernment Announcements
Chancellor Rishi Sunak has announced the extension of the furlough scheme until the end of April 2021, with the Government continuing to contribute 80% towards employees’ pay for hours not worked.The Government will also extend the current COVID-19 business loan...
Nov 30, 2020 | Government Announcements
The Government must issue more support for small firms in the highest tier, according to the Federation of Small Businesses (FSB).Last week, the Government announced every area in England falls into one of three alert levels, with restrictions tightened and many areas...
Nov 26, 2020 | Current AffairsGovernment Announcements
Chancellor Rishi Sunak has announced the UK economy is set to contract by 11.3%, the highest fall in over 300 years, as a result of the COVID-19 pandemic.In his November Spending Review, Sunak revealed the economy is predicted to grow by 5.5% in 2021, but economic...