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Chancellor outlines Winter Economy Plan

Chancellor outlines Winter Economy Plan

WINTER ECONOMY PLAN Here are the headlines from the Chancellors statement in Parliament today where a series of measures to help jobs and businesses were announced.      NEW JOB SUPPORT SCHEME ANNOUNCED Today Chancellor Rishi Sunak announced a new job scheme starting 1 November 2020 to replace the...

WINTER ECONOMY PLAN Here are the headlines from the Chancellors statement in Parliament today where a series of measures to help jobs and businesses...

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UK economic recovery slowing even before new Covid-19 curbs

UK economic recovery slowing even before new Covid-19 curbs

The UK economic recovery from the Covid-19 lockdown was losing momentum even before the announcement of new restrictions to control the spread of the virus, according to the latest data. The IHS Markit/CIPS flash composite Purchasing Managers’ Index (PMI) dropped to a three-month low of 55.7 in September after...

The UK economic recovery from the Covid-19 lockdown was losing momentum even before the announcement of new restrictions to control the spread of the...

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Business groups call for more support following new restrictions

Business groups call for more support following new restrictions

Following Prime Minister Boris Johnson’s speech in which he outlined new coronavirus (COVID-19) restrictions for businesses in England, business groups have called for further government support. Many business groups have commented on the matters since the announcement. Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:...

Following Prime Minister Boris Johnson’s speech in which he outlined new coronavirus (COVID-19) restrictions for businesses in England, business groups have called for further...

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NAO calls on Treasury to safeguard access to cash

NAO calls on Treasury to safeguard access to cash

The National Audit Office (NAO) has called on the Treasury to safeguard access to cash after the coronavirus (COVID-19) pandemic accelerated the transition to cashless payments. The NAO has warned that without co-ordinated effort there is a risk that vulnerable people who rely on cash will be excluded from...

The National Audit Office (NAO) has called on the Treasury to safeguard access to cash after the coronavirus (COVID-19) pandemic accelerated the transition to...

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UK businesses voluntarily return £215 million in furlough funds

UK businesses voluntarily return £215 million in furlough funds

HMRC data has revealed that UK businesses have voluntarily returned more than £215 million in overclaimed furlough funds. Around 80,433 firms have returned furlough funds they were given to help cover employees’ salaries. Commenting on the issue, HMRC stated: ‘HMRC welcomes those employers who have voluntarily returned Coronavirus Job...

HMRC data has revealed that UK businesses have voluntarily returned more than £215 million in overclaimed furlough funds. Around 80,433 firms have returned furlough...

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MPs urge Chancellor to extend job retention scheme

MPs urge Chancellor to extend job retention scheme

MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme to help avoid mass redundancies. The Coronavirus Job Retention Scheme is set to be wound down in October. With many changes being implemented to reduce the amount paid by the government from August. From the first...

MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme to help avoid mass redundancies. The Coronavirus Job Retention Scheme is...

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