Business News

The latest Business and Finance news making the headlines in the UK

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.

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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.

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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.

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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.

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Government publishes revised Coronavirus Job Retention Scheme legislation

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

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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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Government borrowing at record high, data reveals

Data published by the Office for National Statistics (ONS) has revealed that government borrowing reached a record high of £62 billion in April following heavy spending as a result of the coronavirus (COVID-19) pandemic.

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Survey suggests one in ten firms cannot implement coronavirus guidance safely

A survey carried out by the British Chambers of Commerce (BCC) has suggested that one in ten UK businesses feel they cannot implement government coronavirus (COVID-19) guidance safely.

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IPSE urges government to extend self-employed support scheme

The government is being urged to extend its COVID-19 Self-employment Income Support Scheme (SEISS) for as long as self-employed individuals require it.

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