We had been waiting all day for the much heralded announcement by the Chancellor, and at 5pm yesterday we got it. It is therefore the main item in our summary below.
Most of the developments yesterday were in relation to Mr Johnson’s announcement on Monday night, in relation to the restriction of public activity, but there has been plenty of behind the scenes work going on
The weekend has given everyone a chance to consider the implications of the initiatives which were introduced and enhanced last week.
On Friday evening, the Chancellor announced two support initiatives for business which are additional to those which we have already highlighted, and which remain available, largely unchanged.
Help with taxes – This is the deferment of taxes (income tax, corporation tax, Vat and PAYE/NICs) under the “time to pay” arrangements. The service can be accessed on the number below, but be prepared to wait for some time to get through.