News

13 May

Data finds HMRC received 91,000 calls to report fraud in first months of pandemic

Data published by insurer PfP has revealed that HMRC received 91,000 calls to report instances of fraud in the first nine months of the coronavirus (COVID-19) pandemic.

12 May

UK economy shrank 1.5% in first quarter of 2021, data reveals

The UK economy shrank by 1.5% in the first quarter of 2021 as the country underwent a COVID-19 lockdown, according to the Office for National Statistics (ONS).

11 May

Record level of Apprenticeship Levy funds expired in 2020, research finds

Research carried out by manufacturers' organisation Make UK has revealed that a record level of Apprenticeship Levy funds expired in 2020 without being spent by businesses.

10 May

Next step of roadmap out of lockdown to take effect from 17 May

From 17 May, indoor hospitality businesses are permitted to re-open and households will be allowed to mix as the next step of the government's roadmap out of the latest coronavirus (COVID-19) lockdown takes effect.

07 May

UK economy set to grow rapidly once COVID restrictions are relaxed

In its latest report, the Bank of England (BoE) has predicted that the UK economy will grow at its fastest rate in more than 70 years in 2021 as coronavirus (COVID-19) lockdown restrictions are eased.

06 May

Optimism amongst SME manufacturers has risen significantly, survey suggests

A survey carried out by the Confederation of British Industry (CBI) has revealed that optimism amongst small and medium-sized enterprise (SME) manufacturers rose considerably in the quarter to April 2021.

05 May

Businesses planning to adopt 'hybrid' working after easing of COVID restrictions

A survey carried out by the Institute of Directors (IoD) has found that businesses are planning to adopt so-called 'hybrid' working once the coronavirus (COVID-19) lockdown restrictions are fully lifted.

04 May

CBI calls for more clarity on COVID-19 roadmap

The government must provide further details on its roadmap out of lockdown to bolster the economic recovery, says the Confederation of British Industry (CBI).

30 Apr

HMRC sets out penalty regime for SEISS abuse

The fourth Self-Employed Income Support Scheme (SEISS) grant is now live and HMRC has set out the penalties for abuse.

29 Apr

Industry groups say more work needed after UK-EU trade deal ratified

Industry groups have called on the government to take further steps to normalise trade with the EU after the European Parliament voted to ratify the post-Brexit trade deal.

28 Apr

Pandemic caused biggest annual employment fall for older workers

Research carried out by the Resolution Foundation has found that the coronavirus (COVID-19) pandemic has caused the biggest annual employment reduction for older workers since the 1980s.

27 Apr

HMRC records huge increase in scam attempts

Last year saw a major increase in the public reporting suspicious contact to HMRC.

26 Apr

IPSE demands clarity on gig economy

The government needs to provide clarity around the status and rights of gig economy workers, says the Association of Independent Professionals and the Self-Employed (IPSE).

23 Apr

HMRC contacting claimants for fourth self-employed grant

The online service for applications for the fourth Self-employment Income Support Scheme (SEISS) grant is now open for claims, HMRC has confirmed.

22 Apr

Pension fraud increased to £1.8 million in first quarter of 2021, data reveals

Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud.

21 Apr

CBI calls for extension of Kickstart Scheme as jobs market remains subdued

The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young people who are bearing the brunt of the subdued jobs market.

20 Apr

Cyber-attacks on the rise for businesses

The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, according to the insurer Hiscox.

19 Apr

New 95% mortgage scheme launched

A new government-backed mortgage scheme to help people with 5% deposits get onto the housing ladder is available to lenders from 19 April 2021.

16 Apr

Recent changes to IR35 'undermine the self-employed', says IPSE

The Association of Independent Professionals and the Self-Employed (IPSE) has stated that the recent changes to the rules relating to off-payroll workers, commonly known as IR35, 'undermine the self-employed at the worst possible time'.

15 Apr

FSB urges government to provide greater support for UK exports

The Federation of Small Businesses (FSB) has urged the government to act in order to support small businesses exporting to the EU.

14 Apr

HMRC contacting claimants for fourth self-employed grant

HMRC has confirmed it will be contacting potential claimants for the fourth Self-employment Income Support Scheme (SEISS) grant this month.

13 Apr

UK economy improved in February despite lockdown

The UK economy saw modest growth in February despite the country being under lockdown but remains sharply below its pre-pandemic peak, according to the Office for National Statistics (ONS).

12 Apr

UK cuts electric vehicle grants by £500

The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles.

09 Apr

New claims required for home working tax relief

Employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year, HMRC has stated.

08 Apr

Business confidence boosted by plans to re-open UK economy

A survey carried out by the Institute of Directors (IoD) has revealed that confidence amongst UK businesses has been boosted by plans to re-open the UK economy.

07 Apr

IMF upgrades UK economic forecasts for 2021 and 2022

The International Monetary Fund (IMF) has upgraded its UK economic forecasts for 2021 and 2022.

06 Apr

Start of new tax year ushers in raft of fiscal changes

The 6 April start of the new tax year sees important fiscal and business changes come into effect, including the introduction of the new coronavirus (COVID-19) Recovery Loan Scheme (RLS).

01 Apr

Workers set to benefit from increases in National Minimum and Living wages

UK workers are set to benefit from rises in the National Minimum Wage (NMW) and the National Living Wage (NLW) rates that take effect from 1 April 2021.

Start of new tax year ushers in raft of fiscal changes. Follow https://t.co/Yf9GYYI1ks for more information.… https://t.co/9ayyM8Jb2m

3 days ago

@ThompsonJenner

Workers Set To Benefit From Increases in National & Minimum Living Wage. Check out https://t.co/Viwfv0ik5Z for more… https://t.co/AKKaI2nVn0

6 days ago

@ThompsonJenner

Just a reminder that on 13th May, @ExIST_Exeter will be returning with a virtual event exploring Clean Mobility and… https://t.co/fcB19DIdrt

6 days ago

@ThompsonJenner

We have lots of useful HM Revenue & Customs forms available on our website https://t.co/jbJEzA2MLI If you need fur… https://t.co/iQGdQu5TJn

8 days ago

@ThompsonJenner

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