Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
SEISS grant: last chance to apply
Grant applications close on 19 October 2020.State pension age rises to 66
Up to four million women in their 50s are affected.Support for shut-down businesses
Grants available if you’re legally required to close.Unemployment hits highest rate in three years
In the three months to August, unemployment increased by 138,000.Public finances to see £100bn hit by 2024
A 5% reduction in the economy has been blamed for the financial hit.Retirement plans changed due to COVID-19
13% of over-50s have adjusted their retirement age.Chancellor announces job support scheme expansion
Two-thirds of salaries covered for firms required to shut.UK economic recovery slows in August
GDP remains 9.2% lower than pre-pandemic levels.Unpaid BBLs ‘could cost billions’
Up to £26 billion could be lost.Chancellor promises to ‘balance books’ amid pandemic
Sunak hinted at possible tax rises to protect the public's finances.
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