Coronavirus
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Feb- 2021 -24 February
Chancellor expected to extend furlough until May
Chancellor Rishi Sunak is expected to announce a further extension to the government’s furlough scheme until May in his Budget…
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22 February
PM outlines ‘roadmap’ out of lockdown
Prime minister Boris Johnson has set out his four-step “roadmap” to guide the nation out of lockdown “cautiously but irreversibly”,…
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18 February
Finance teams hit by skills gap and heavy workloads, report finds
Skills shortages and excessive workloads are increasingly “weighing on the minds” of finance professionals amid the pandemic, according to new…
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16 February
CJRS calculator error forces small businesses to re-evaluate
The Accountancy Partnership has urged small businesses to recalculate furlough claims for January 2021, following a coding error being found…
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8 February
Three in 10 SMEs could be forced to shut if lockdown is extended
At least three in 10 (30%) SMEs will be forced to close for good by the end of the year…
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8 February
UK firms will have borrowed £60bn by end of year, EY predicts
UK firms will have borrowed over £60bn by the end of the year, having borrowed £35.5bn last year, with a…
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Jan- 2021 -22 January
630,000 UK businesses in serious distress, says Begbies Traynor
Some 630,000 businesses in the UK are in “serious distress”, according to Begbies Traynor’s latest Red Flag Alert research for…
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21 January
KPMG downgrades GDP forecast after third lockdown
KPMG has downgraded its forecast for the UK’s GDP figures this year after the country was placed in lockdown after…
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18 January
HMRC spends almost £3m on Covid-safety measures
HMRC has spent approximately £2.9m on making its offices Covid-19 secure, according to information gained by the PA news agency…
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15 January
Supreme Court sides with small firms in business interruption insurance case
The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case, with the…
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