Coronavirus

Covid spending transparency ‘increasingly difficult’, Audit Scotland warns

The Scottish Government estimates it has spent over £8.8bn of the £9.3bn allocated to support Covid-19 spending in 2020/21. However,…

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Two thirds of SME leaders expect to never repay Covid support

Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes believe it’s likely their…

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One in five firms considering redundancies post-furlough, study finds

Nearly one in five companies are considering staff redundancies as the next phase of furlough tapering begins, according to new…

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MHA partner calls for ‘furlough extension’ to aid small businesses

Adam Parton, corporate and payroll partner at MHA, has called for “greater support” from the UK government to ensure small…

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HMRC launches over 12,000 probes into Covid scheme fraud

HM Revenue and Customs (HMRC) has carried out over 12,000 interventions relating to the Coronavirus Job Retention Scheme (CJRS), the…

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UK mid-market fearful of third wave impact on international growth

A possible third wave of the pandemic is the “biggest concern” for mid-market businesses looking to grow internationally, according to…

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Gov extends insolvency support measures

The Government has announced that it is extending insolvency measures supporting businesses throughout the pandemic to the end of June…

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Sunak to reject furlough extension calls despite ‘freedom day’ delay

Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report…

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