Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
UK unemployment rises
ONS reported a 4.8% increase for the three months to September.Pensions dashboard delayed
The scheme is due to take effect from 2023.Government extends furlough scheme to end of March
Employees to receive 80% of salary for hours not worked.BoE injects £150bn into UK economy
Stock of Government bonds will increase to £875 billion.Further proposals announced to support mortgage borrowers
Borrowers have until 31 January 2021 to request a payment deferral.Self-employed to get more financial support
The third taxable SEISS grant increases to £5,160.Government extends furlough scheme
Extension initially in place until 30 November 2020.Chancellor to hold Spending Review in November
Treasury to set out spending plans for 2021/22.Firms call for ‘inflexible business rates’ reform
A reduction would help most businesses survive the winter.Job support scheme – extra support announced
Chancellor Rishi Sunak reveals 11th-hour upgrade as COVID-19 cases rise.
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