Category Archive Covid-19

Final furlough figures published before end of scheme

As the furlough scheme comes to an end, the latest figures have revealed that almost 12 million workers in England, Wales, Northern Ireland and Scotland have been supported by the Coronavirus Job Retention Scheme (CJRS) since its launch last year.

Read More

Record numbers return to work ahead of closure of furlough scheme

The number of people returning to work from furlough has reached its highest level since the start of the pandemic in March, the latest figures have revealed.

Read More

Tax-related scams double during coronavirus pandemic, figures reveal

Tax-related scams have almost doubled in the past 12 months, HM Revenue & Customs (HMRC) has revealed.

Read More

Temporary 5 per cent VAT rate rises as business opens up

Businesses that have benefited from a cut in the VAT rate will see the temporary figure of five per cent rate increase at the end of September to 12.5 per cent.

Read More

Good news on jobs and growth a boost for business

The UK economy has had two major boosts this week with growth in the economy and in the jobs market, according to figures from the Office for National Statistics (ONS).

Read More

Staff shortages: increased wages to entice workers could mean higher prices for customers

Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters – which could mean higher prices for customers.

Read More

Labour shortages could impact UK’s economic recovery, says experts

A recent report on the latest business trends suggests that despite the surge of hiring among UK firms in July, the lack of working employees could still threaten the UK’s economic recovery.

Read More

Government launches £750 million Live Events Reinsurance Scheme in wake of coronavirus pandemic

A Government-backed insurance scheme will support the events and hospitality sector recover in the wake of the coronavirus pandemic, it has been revealed.

The report comes after the announcement of the £750 million Live Events Reinsurance Scheme developed in collaboration with financial services provider Lloyds.

Launching in September 2021, the uncapped cost indemnification scheme will cover a “wide array of live events” at risk of disruption due to Covid-19.

Read More

Employers to pay more for furloughed workers

Employers will need to contribute more to the cost of keeping their staff furloughed from 1 August.

Read More

The fifth round of the Self-Employment Income Support Scheme (SEISS) is now open

HM Revenue & Customs (HMRC) has announced that the portal for the fifth round of the Self-Employment Income Support Scheme (SEISS) is now open.

Read More