Business News

30 Mar

HMRC urges businesses using VAT deferral to cancel direct debits

Businesses that have been affected by the COVID-19 pandemic and are seeking to make use of the VAT deferral have been urged to cancel their direct debits 'as soon as they can'.

30 Mar

HMRC publishes guidance on recognising genuine government contact

HMRC has published guidance on recognising genuine contact from the tax authority during the COVID-19 pandemic.

27 Mar

Chancellor unveils help for self-employed workers

On the 26 March, Chancellor Rishi Sunak announced a scheme to help self-employed workers who have been hit by the COVID-19 crisis.

26 Mar

Pensions at increased risk of being targeted by scammers

The Pensions Regulator (TPR) has warned that pensions are at 'increased risk of being targeted by scammers' during the COVID-19 pandemic.

26 Mar

Government and financial regulators tell banks to keep lending

British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and financial regulators have urged.

25 Mar

Contactless card payment limit set to rise from April

Trade association UK Finance has announced that from 1 April the spending limit for contactless card payments will rise from its current level of £30 to £45.

25 Mar

UK facing 'worst recession in modern history'

The UK economy is facing its worst recession in modern history after the coronavirus (COVID-19) caused a 'sharp slowdown', according to the latest Purchasing Managers' Index (PMI) survey from data provider IHS Markit.

24 Mar

Regulators request delay in corporate reporting

Financial regulators have requested a moratorium on corporate financial reports for at least two weeks.

24 Mar

Increase in home working raises risk of cyber-attacks

The significant increase in home working caused by the coronavirus pandemic has increased the risk of firms being hit by cyber-attacks, according to insurers Beazley.

23 Mar

Government unveils wage bailout scheme

Chancellor Rishi Sunak has announced a major wage bailout scheme to cover the salaries of British workers hit by the UK coronavirus crisis.

20 Mar

Coronavirus crisis sees UK interest rates cut to lowest level ever

The Bank of England has cut interest rates in an emergency move as it tries to support the UK economy in the face of the coronavirus pandemic.

19 Mar

HMRC delays introduction of off-payroll rules to private sector

HMRC has delayed the introduction of off-payroll rules to the private sector as part of its measures to support businesses through the coronavirus (COVID-19) pandemic.

18 Mar

View our COVID-19 update

Chancellor Rishi Sunak has set out a package of temporary, targeted measures to support public services, people and businesses through the period of disruption caused by COVID-19.

18 Mar

Chancellor unveils £330 billion support package for coronavirus pandemic

Chancellor Rishi Sunak has unveiled a package of support for the UK economy as it combats the coronavirus pandemic.

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