News

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). School closures and a large fall in retail

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. The research revealed that £1,039 million in Levy funds

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. Under

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.

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. The survey, which polled 260

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. The survey of 600 business

The government must provide further details on its roadmap out of lockdown to bolster the economic recovery, says the Confederation of British Industry (CBI). At present, social distancing guidelines mean only two-thirds of employees can physically

The fourth Self-Employed Income Support Scheme (SEISS) grant is now live and HMRC has set out the penalties for abuse. An overclaimed SEISS grant includes any amount of grant which the self-employed were not entitled

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. EU lawmakers cleared the Trade and Co-operation

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. In a new report, the Foundation revealed that

Last year saw a major increase in the public reporting suspicious contact to HMRC. Figures from the tax authority show HMRC received 975,420 referrals of suspicious contact in 2020, a 71.3% increase from the 569,140

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). The demand follows the Court of Appeal’s ruling that Addison