Business News

This section contains the latest business news stories.

04 Jun 2020

Cash payments continued to fall in 2019

The use of cash continued to fall in the UK last year as card payments accounted for over half of transactions for the first time ever, according to figures from UK Finance.

04 Jun 2020

Strong economic recovery likely, but not certain

A strong economic recovery following the coronavirus pandemic is likely although many risks and uncertainties remain, according to a report from Oxford Economics.

03 Jun 2020

Women 'more likely to be on low pay', TUC research suggests

Research carried out by the Trades Union Congress (TUC) has suggested that women are more likely than men to be on low pay.

03 Jun 2020

Over £31 billion borrowed through coronavirus schemes

Over £31 billion has been borrowed through the government-backed schemes that are providing business support during the coronavirus (COVID-19) crisis, according to the latest figures from the Treasury.

02 Jun 2020

Manufacturers call for coronavirus support

The coronavirus crisis has left many manufacturers on a cliff edge and in need of government intervention, Make UK has warned.

02 Jun 2020

MPs open inquiry into £155 billion of tax reliefs

The Public Accounts Committee (PAC) has opened an inquiry into the UK's management of £155 billion of tax relief.

01 Jun 2020

Chancellor announces changes to Job Retention Scheme

Chancellor Rishi Sunak has announced changes to the government's Job Retention Scheme (JRS), which will be slowly wound down over the next few months.

01 Jun 2020

IPSE gives cautious welcome to extension of self-employed scheme

The government's decision to extend COVID-19 support for self-employed workers has met with a cautious welcome from the Association of Independent Professionals and the Self-Employed (IPSE).

29 May 2020

FSB calls for government to give company directors more support

The Federation of Small Businesses (FSB) has urged the government to supply company directors with additional support during the coronavirus (COVID-19) pandemic.

29 May 2020

Data shows 5.2 million people have fallen victim to scams during coronavirus crisis

Research carried out by insurer Canada Life has revealed that 5.2 million people in the UK have fallen victim to scams during the coronavirus (COVID-19) pandemic.

28 May 2020

Data reveals retail sales 'remain depressed' in year to May

Data published by the Confederation of British Industry (CBI) has revealed that retail sales volumes remained 'deeply depressed' in the year to May.

28 May 2020

Coronavirus Statutory Sick Pay Rebate Scheme goes live

On 26 May, HMRC opened up its Statutory Sick Pay (SSP) rebate claim service. Eligible employers are able to recoup up to two weeks' worth of SSP payments made to employees off work for coronavirus (COVID-19)-related reasons since 13 March 2020 (16 March 2020 if the employee was shielding). This is an ongoing scheme for which an end date has not yet been announced.

27 May 2020

Government publishes revised Coronavirus Job Retention Scheme legislation

The government recently published revised legislation on the Coronavirus Job Retention Scheme (CJRS).

27 May 2020

Changes to insolvency and company law to take effect

The government has made changes to insolvency and company law as a result of the coronavirus (COVID-19) pandemic.

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