National Minimum Wage investigations have drastically increased
Sep 15, 2020
National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research. These inspections rose due to modern slavery reports and other controversial probes into UK garment factories. To guarantee that workers are paid correctly, HMRC ...
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CBILS ends on 30th September 2020
Sep 10, 2020
The Coronavirus Business Interruption Loan Scheme (CBILS) has offered important financial support to thousands of businesses across the UK – but it is due to end this month. Although the deadline for accredited lenders to review applications was recently extended until ...
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Government launches £2 billion Kickstart employment scheme to create hundreds of thousands of new jobs
Sep 07, 2020
The Government has launched the landmark £2 billion Kickstart employment scheme, which is set to create hundreds of thousands of new jobs for young people. The initiative aims to create “hundreds of thousands” of “fully subsidised jobs for young people across ...
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Empty high street shops reach highest level for more than six years
Sep 04, 2020
According to the new figures, the number of empty high street shops has risen to the highest level for more than six years following a wave of store closures as a result of the pandemic. The Data from retail analysis firm, ...
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Government urged to ensure young people gain access to the Child Trust Fund
Sep 02, 2020
The Government is being urged to ensure that young people gain access to the Child Trust Fund, which was set up by the Government in 2005 to provide young adults with a nest-egg. Those born between 1 September 2002 and 2 ...
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Seven in 10 small businesses adapt sales or payment tactics to pandemic, study reveals
Aug 28, 2020
Almost seven in 10 small businesses have launched an e-commerce website or introduced contact-free point of sale (POS) technology to adapt to the coronavirus pandemic, it has been revealed. The research forms part of the Visa Back to Business study, which ...
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COVID-19 – 1.23 million businesses access Government support schemes
Aug 25, 2020
More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury. The data shows that 17 million small and micro businesses have utilised the Bounce Back Loan Scheme (BBLS) ...
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One in ten businesses at moderate risk of insolvency according to ONS
Aug 21, 2020
According to the latest statistics published by the Office for National Statistics (ONS), around one in ten businesses claim their risk of insolvency to be moderate or severe, with the majority of those seeing their turnover fall by more than ...
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How will you rebuild and recover? Funding launched to cover cost of professional advice
Aug 20, 2020
The value of cash flow forecasting, management accounts and revised business plans is set to come into stark relief as businesses look to rebuild and recover following the easing of lockdown. In recognition of the importance of these and other accountancy ...
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COVID-19 – More than 10,000 SMEs apply for business recovery grants
Aug 18, 2020
More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic. The grant was launched by Simply Business at the beginning of the year ...
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