Latest Business News & Advice

Preparing for Brexit

UK Business News | 14 December 2020

With less than a month to go it is time to prepare for the end of the Brexit transitional period.

Whilst the United Kingdom officially left the European Union (EU) on 31 January 2020, this prompted the start of an 11-month transitional period during which time the UK remains part of the Single Market, the EU Customs Union and the VAT Territory. The UK will leave the EU VAT Territory on 31 December 2020. 

The Chancellor’s Winter Economic Plan

UK Business News| 19 November 2020

Since the onset of the coronavirus pandemic, many businesses and individuals have benefited from a range of schemes, including furlough grants for staff unable to work, grants for the self-employed, deferral of VAT and Income Tax payments and cheap, government-backed business loans.

The Chancellor’s Winter Economic Plan

UK Business News | 7 February 2020

Chancellor Sunak received widespread praise for his business support measures introduced following the onset of the coronavirus pandemic. Many businesses and individuals have benefited from a range of schemes, including furlough grants for staff unable to work, grants for the self-employed, deferral of VAT and Income Tax payments and cheap, government-backed business loans.

Summer Economic Update

UK Business News | 8 July 2020

Chancellor Rishi Sunak presented a Summer Economic Update on Wednesday 8 July 2020. In his speech he stated that the government has taken decisive action to protect the UK economy but people are anxious about losing their job and the rise in unemployment.

Chancellor pledges £750m for charities

UK Business News | 9 April 2020

Chancellor Rishi Sunak has pledged a £750 million package to help charities during the COVID-19 pandemic.
Sunak announced the measure last night in an attempt to address concerns that some charities are facing collapse.
As part of the scheme, £370m will go to small local charities that are working with vulnerable people during the coronavirus crisis.

More firms planning to furlough staff

UK Business News | 8 April 2020

An increasing number of businesses are planning to furlough staff over the next week, according to the British Chambers of Commerce (BCC).
The coronavirus job retention scheme enables employers to obtain grants to cover up to 80% of furloughed workers' wages, up to £2,500 a month.



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